The Sir John Borlase Warren
1 Ilkeston Road, Nottingham, Nottinghamshire, NG7 3GD
Profit Potential: £ P/A
3 Year Standard Tenancy
Sorry but we’ve found a great licensee to run this pub but worry not, click here to see other great opportunities with Everards Brewery Ltd
Positioned in the centre of Nottinghams vibrant Canning Circus the Sir John Borlase Warren was recently awarded status as one of Britains Best Summer Pubs by the Guardian newspaper. Famous for its summer terrace, this traditional pub has a living room feel with stylish and comfortable furnishings.
The pub is a strong cask ale venue and is famed for its Sunday lunches and affordable menu.
The Opportunity
Sorry but we’ve found a great licensee to run this pub but worry not, click here to see other great opportunities with Everards Brewery Ltd
The pub is surrounded by a mixture of retail, residential and professional offices as well as regular passing trade. The Sir John Borlase Warren benefits from an award winning enclosed garden with raised decked areas making it a very popular pub with students and local residents throughout the summer. This is further complimented by a very unique open plan interior which adds to the pubs character and charm.
This pub is a great opportunity for someone who has cask ale experience with the ability to build the current food offer and can use their skills from running similar city centre venues to grow this excellent business opportunity.
For more information or to register your details with our Recruitment Team call 0800 056 4111 or speak direct to the Business Development Manager for this pub, Steve Bradley, on 07730638647
Financial Information
Profit Potential
We anticipate that a tenant could earn £ net profit from this site per year.
Turnover
FMT stands for Fair Maintainable Trade - please click here for a full definition of this term,
Drinks
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Food
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Machines
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Level of Investment
This is a one-off payment made at the start of the tenancy agreement.
All figures are estimates and exclude VAT.
| Fixtures & Fittings | £0 |
|---|---|
| Stock & Glassware | £0 |
| Working Capital | £0 |
| Trading Deposit | £0 |
| Valuer & Stocktaking | £0 |
| Total | £ |
Rates
These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.
| Rateable value | 0 |
|---|
Rent
The rent has been calculated using the FMT turnover that we could anticipate from the site. All Everards rents are linked to RPI so may increase or decrease in future years.
| Rent required for this site | 0 |
|---|
Interested? Call us on 0800 056 4111 or enquire online »
Interested? Call us on 0800 056 4111 or enquire online »
Public & Private Areas
The Public areas comprise of:
- Open plan lounge and bar
- Garden which seats approximately 100 people
Other areas
- Kitchen
The Private accommodation comprise of:
- Three self-contained flats
Location
Benefitting from a prominent roadside location, the Sir John Borlase Warren can be found on the edge of Nottingham City Centre in Canning Circus. The pub is situated along several main routes to the center of Nottingham and passing trade is a key advantage due to its location. The pub is in close proximity to both Universities and professional student apartments surrounding the immediate area. Canning Circus is regarded as Nottinghams cultural quarter with an array of independent retail shops and professional offices.
Click here to see a birds-eye view of the pub
* This information is generated from our assessment of Fair Maintainable Trade (FMT) at The Sir John Borlase Warren and is based on certain assumptions and information provided by our licensees (to be disclosed on request). FMT is the level of turnover we would expect the pub to achieve within its market and this is assessed in line with good industry practice and relevant accountancy standards.
Wherever possible we have also included the pub's current trading information as at 12th November 2009 in addition to FMT. This is taken from our sales information (barrelage) and information from the licensees such as their trading information and cost base.
We would expect you to use the FMT information to help form the financial element of your business plan. These figures above are an estimate based on FMT and you may think that you can exceed or conversely not achieve these. As this stage we would strongly recommend that you take independent financial advice to help you form a budgeted profit and loss statement.
This information is not intended to amount to advice, a statement of fact, a guarantee, a representation, a condition or a warranty on which reliance should be placed but is our opinion only. We therefore, to the extent permitted by law, disclaim all liability and responsibility arising from any reliance placed on such information by you or anyone informed of its contents.
You are advised to carry out your own financial investigations and inspections into the pub to satisfy yourself as to the correctness of the above information, whether or not you can achieve these figures and as to the trading potential of this pub. You will be given a shadow profit and loss account and other details of the pub when you make a formal enquiry – this will be given within our Code of Practice which also contains other details about Everards.
Historic information is not an indicator of future performance of a pub and you should bear this in mind in your assessment.
[This information does not constitute any part of an offer or a contract and any acquisition of a pub by you is subject to our terms and conditions of agreement].