White Hart Stanley
Derby Road, Ilkeston, DE7 6EXAgreement Type:
Foundation Tenancy
View details for White Hart Stanley
Maltshovel Inn Beeston
Maltshovel Inn Beeston
1, Union Street, Nottingham, NG9 2LU Pub Code: 2303127101
Pub Code: 2303127101
Investment TenancyEst Min Ingoing Costs: £28,855
Annual Rent: £21,418
Join us in transforming The Maltshovel Inn into the go-to pub with a fantastic refurbishment and great food. Your chance to make it the top spot in town!
What would you do with this pub to make it even more of a success?
The Area:
Located in the bustling town of Beeston, just three miles from Nottingham, this pub sits at the heart of a retail and leisure hub that attracts around 70,000 visitors each week. With a full refurbishment planned for both the interior and exterior, the pub will transform into a premium local destination offering a warm, welcoming environment and high-quality food and drinks. Its design will cater to a diverse audience, balancing a strong dining offer with the charm of a community pub.
The Offer:
The Maltshovel Inn is available on our investment tenancy agreement. Click here for more information on this agreement.
What sets this pub apart is its ability to appeal to a wide range of customers, from locals and families to colleagues meeting after work and shoppers from the arcade. A varied drinks menu, traditional pub dishes, and a calendar of entertainment, including live music, quizzes, and sports screenings, will ensure the pub remains a lively focal point in Beeston. A licensee with strong interpersonal skills and a focus on delivering excellent food and service will thrive in this standout community pub.
We’re always open to new ideas, what would you do to drive trade?
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 Maltshovel Inn will have extensive experience in community led, hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and sports 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…
Trading Area & Facilities
The Maltshovel Inn 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
- Zoned lounge & dining areas
- 67 internal covers
- 54 external covers
- Catering kitchen
- HEINEKEN SmartDispense
- Great outdoor trading area
- Car park with 20+ spaces
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).
Private Accommodation
Private accommodation consists of three bedrooms, a living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£28,855
Estimated Minimum Ingoing Costs
£28,855
Annual Rent
£21,418
Estimated Annual Turnover
£351,821
Deposit
£5,355
Estimated Fixtures & Fittings Value
£16,000
Estimated Stock Valuation
£4,000
Estimated Working Capital
£3,500
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.
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.
Location:
1, Union Street, Nottingham, NG9 2LU
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
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www.starpubs.co.uk
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