View Photos

Start your application now. Enquire Now - or - Save for later

VILLAGE LOCAL

Salutation

Main Street, Keyworth, Nottingham, Nottinghamshire, NG12 5AD

Ingoing Cost: £20,306
Annual Rent: £57,676

Features
Trading style
Key financials

FindMyPub.com
Beer Garden

FindMyPub.com
External Drinking Area

FindMyPub.com
Car Park

FindMyPub.com
Restaurant/Dining

Property details

The Salutation is in the lovely village of Keyworth, located about six miles southeast of Nottingham. The pub itself is located at the south end of the village, surrounded by rural housing. With a population of over 7300, Keyworth is a large, affluent satellite village for Nottingham commuters and close to other Nottingham satellite suburbs of Ruddington and Cotgrave. Competition in the village is limited, with just two other pubs, each offering something different from the Salutation. Situated in a thriving community with approximately 2,000 adults within a 10-minute walk of the pub. The Salutation is one of only three pubs in the area, offering a unique business opportunity. With an affluent customer base and a well-balanced mix of ages, primarily in the 45–64 bracket. The pub benefits from a loyal customer base and strong local demand.

Trading Area & Facilities:

Main trading area with bar & two snug areas
Dining room near the bar with bi-fold doors onto the garden area.
90 internal covers
100 external covers
Medium-sized kitchen
Outside storage area
HEINEKEN SmartDispense
Large patioed garden
Car park with 40 spaces

The private accommodation consists of 3 bedrooms, a living room, a bathroom, and a kitchen.

FindMyPub.com
Catering Kitchen

Trading style

The potential of this pub lies in maintaining a strong 40:60 food & drinks offer. It offers a great selection of cask ales, popular beers, ciders, wines and spirits, with great food and Sunday lunches.

If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer and can create a memorable experience for their customers.

Key financials

Reference Number: 8M9JTW / 2303323101
Agreement Type: Tenancy

Min Ingoing Cost: £20,306.00
Annual Rent: £57,676.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

Annual Rent £57,676
Estimated Annual Turnover £774,194
Deposit £14,419
Estimated Fixtures & Fittings Value £33,000
Estimated Stock Valuation £12,000
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £61,919
Estimated Minimum Ingoing Costs £20,306

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.

Similar pubs

£42,248

Three Horseshoes, Loughborough

Leicestershire

£9,117

Chequers Inn, Cropwell Bishop

Nottinghamshire

£28,855

Malt Shovel, Nottingham

Nottinghamshire

£28,890

Chequers Inn, Chilwell

Nottinghamshire

£11,495

Old Volunteer, Nottingham

Nottinghamshire

MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.