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 the village of Gotham, ten minutes from Junction 24 of the M1 in Nottinghamshire, where it is very much at the heart of the community. There are only two other pubs giving the right operator a great opportunity to have the best pub in the area. There's a large number of new homes being built nearby, giving the pub hundreds of potential new customers.

The pub will benefit greatly from having daytime 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

  • Foundation Tenancy
  • 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 two bedrooms, a kitchen & bathroom and a lounge.

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 £
16,542
Estimated Tenants Annual Operating Profit £
18,542
Representative HEINEKEN UK Brand Discount Per Barrel £
199
Estimated Annual Turnover £
273,319
Estimated Annual Barrelage
154

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
7,500
Estimated Fixtures & Fittings Valuation Fee £
Estimated Stock Valuation £
Deposit Amount £
4,136
Rent In Advance £
318
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
19,564
Estimated Minimum Ingoing Costs £
10,928

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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,903
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
Estimated Annual Repairs Fund £
1,300

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