Major Oak Arnold

Rolleston Dr, Arnold, Nottingham, NG5 7JA

  • Major Oak Arnold
  • Major Oak Arnold
  • Major Oak Arnold
  • Major Oak Arnold
  • Major Oak Arnold
  • Major Oak Arnold
  • Major Oak Arnold
  • Major Oak Arnold

Major Oak Arnold

Be the Beating Heart of the Community

The Major Oak is in a residential area, located in the bustling suburb of Arnold, Nottingham. Surrounded by a mix of housing, shops and local businesses, there are over 1500 adults per pub in the area looking for a quality venue to drink and dine in.

With a good value food and drink offer the pub will attract a wide range of customers. Supported by a good entertainment and sports package the pub will offer something for everyone. It will be the hub of the community providing warm, comfortable, safe surroundings with lots of team activities and community events.

Available on our Business Start-Up Agreement, with the following support;
  • Manage your risk: 3 years fixed term agreement that you can terminate at any time on 28 days' notice;
  • Financial support
    • Higher discounts on all Heineken UK products
Great Pub business ready for the right operator

We are looking for an experienced community operator who can deliver the quality food and drink menu. Someone who understands the area and has passion and enthusiasm to really drive the business and make this the best community pub in the area.

Does this sound like you? If so, we would love to hear from you.

Pub Features

  • Business Start-Up Agreement
  • Car Parking
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The pub is a two-room trading area, with the room to the rear more focused towards sports and casual drinking. There is a fully equipped catering kitchen.

There is a paved outdoor trading area and a large car park.

Private Accommodation

The private accommodation consists of 3 bedrooms, 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
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 12:30 - 00:00

Financials

Annual Rent £
17,500
Estimated Annual FMOP (Licensee Profit) £
23,291
Representative HEINEKEN UK Brand Discount Per Barrel £
200
Estimated Annual Turnover £
245,969
Estimated Annual Barrelage
300

“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 £
1,500
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,000
Rent In Advance £
337
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
70
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
10,022
Estimated Minimum Ingoing Costs £
8,522

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 £
1,128
Estimated Annual Maintenance Compliance Charge £
1,565
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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