Cuckoo Bush Gotham

Leake Road, Nottingham, NG11 0JL

  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham
  • Cuckoo Bush Gotham

Cuckoo Bush Gotham

Friendly Pub with Excellent Outdoor Area

The Cuckoo Bush is based in a village where it is very much at the heart of the community, located in the lovely village of Gotham, ten minutes from Junction 24 of the M1 in Nottinghamshire. There are only two other pubs giving the right operator a great opportunity to have the best pub in the area.

The pub will benefit greatly from having day time and evening meals so a fantastic food offer will be a great asset to the site. Locals will be attracted to a familiar and family friendly atmosphere.

Passionate Community Pub Guru Wanted

If you consider yourself a maestro when it comes to running a successful pub then Star Pubs & bars would love to work with you. What you will bring to this opportunity is a wide knowledge and experience of creating a brilliant food & drinks offer as well as an embracive attitude for the community.

Pub Features

  • Business Start-Up Agreement
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Cask Ale

Trading Area & Facilities

The Cuckoo Bush is a traditional two-room operation. The pub has a conventional appearance with mahogany tables and chairs and a built-in fireplace. These features, as well as the exposed beam ceilings, give the pub a familiar and homely vibe, one that customers will be keen to visit frequently.

Externally, there is a large beer garden with room for circa 20 benches on a lovely grass lawn that is surrounded by greenery and plantings. There is also a large car park to the side of the pub.

Private Accommodation

The private accommodation consists of bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

For full licensing details, please refer to the premises license.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 01:30 09:00 - 01:30 09:00 - 01:30 09:00 - 00:00

Financials

Annual Rent £
15,500
Estimated Annual FMOP (Licensee Profit) £
15,477
Representative HEINEKEN UK Brand Discount Per Barrel £
200
Estimated Annual Turnover £
239,805
Estimated Annual Barrelage
193

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
25,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,000
Rent In Advance £
298
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
35,483
Estimated Minimum Ingoing Costs £
11,477

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,903
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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 assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased