Property Description
Elevate Your Investment: Witness the Transformation. What would you do with this pub to make it even more of a success?
The area
Explore the Waggon & Horses, strategically located along a bustling main road on the way into Arnold, a lively town just outside Nottingham. Positioned near key landmarks and with over 3.5k residents within a 10-minute walk (and over 14k within 20 minutes), this pub offers an exceptional opportunity. With limited competition in the area, notably against our main competitor, 'The Ram Inn,' this establishment attracts a diverse mix of midlife to mature, medium to high-income customers, making it an ideal choice for a premium local experience.
The offer
The Waggon and Horses is available on our investment tenancy agreement. Click here for more information on this agreement.
We’re always open to new ideas, what would you do to drive trade?
The Offer When refurbished,
Drinks:
• Offer a wide selection of beverages, including Cask Ales, premium lagers, ciders, wines, spirits and soft drinks options, ensuring customers have an extensive selection to hand.
Food:
• Provide a menu of pub classics, with buffet options available for events in our function space, catering to different tastes and occasions.
Coffee:
• Serve a range of great coffee options for customers to enjoy throughout the day, adding value to their visit.
Events:
• While occasional entertainment adds to the atmosphere, maintain a focus on delivering quality food and drinks. Utilise the function room for live music events, including ticketed performances, to create additional revenue streams and enhance the overall pub experience.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Waggon & Horses will have extensive experience in premium local hospitality businesses. 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.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
The Waggon & Horses will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Main trading area with bar
128 internal covers
100 external covers
Catering kitchen
Function room
Smart dispense
Beer garden
Car park
Conservatory
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
The private accommodation consists of 3 bedrooms, lounge, kitchen, bathroom and a small outside seating area.
Premises licence available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Function Room
Live Sports
Live Music
Cask Ale
Outdoor Trade
Parking
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
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
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
* 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
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
