Beer Garden
External Drinking Area
Property details
The Royal Children is located in the centre of Nottingham. It’s close to the entrance of the world-famous Nottingham Castle. It’s also on the circuit of bars that include other craft-led venues and the famous Ye Olde Trip to Jerusalem, allegedly England’s oldest pub featuring rooms actually built into Nottingham’s famous caves. Nottingham city centre attracts professionals and students either for work or for its well-known nightlife. There are also over 1,000 very well-off ‘uptown elite’ that live in the city’s prestigious Park area of the city within walking distance.
The planned refurbishment and its local affiliation give the pub bags of potential. With new kitchen equipment, the pub will be able to provide a food offer as well as tap into the existing but growing local circuit for craft beers. The pub's décor will make it stand out and clearly signal the craft offering. Many of the competitor pubs serve craft but lack the vibe of an authentic craft bar. 64 internal covers will set up the Royal Children to be the best bar in the area. This is a pub business with great potential, all that's missing is the right person to drive it forward.
The private accommodation consists of three bedrooms, a kitchen, a lounge, a bathroom, and an office with parking for one car. In line with the landlords ready to trade promise, they will ensure the private accommodation is in good condition so that you can focus on your business
Cask Ale
Catering Kitchen
Team Games
Pool Area
Live Sports
Trading style
The newly refurbished Royal Children will have an on-trend, simple ‘with beer’ food with a focus on burgers, sharers, and sides. Its drinks will be led by an offering of six craft beers from market-leading brands such as Beavertown and Brixton. Local cask ales, premium lagers, premium spirits, and cocktails will also feature on the menu. The students and local adults will be able to use the venue to meet up or work during the day and meet friends and colleagues to socialise with in the evening, both indoors and out. Monthly entertainment, such as live music, will also play a role in the pub's offer.
If you’ve benefited from running or owning a pub business, the landlord would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in the high-street hospitality business. They will have a clear vision for their food and drinks menu, with knowledge and experience of craft beers, and marketing strategy, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 0050136101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£44,512.00
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Annual Rent:
£32,048.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £32,048
Estimated Annual Turnover £465,619
Deposit £8,012
Estimated Fixtures & Fittings Value £25,000
Estimated Stock Valuation £8,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £44,512
Estimated Minimum Ingoing Costs £44,512
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.