Back to Search results

Carpenters Arms, Walesby

Newark, NG22 9NJ

Your investment

£13,000

Agreement Type

Tenancy

The Carpenters is located on the main road in the centre of the Nottinghamshire village of Walesby. Walesby Forest nearby is a local tourist place for walking and visiting. Within 1 mile radius, there are 550 households made up predominantly of older couples and families in small villages some are now empty nesters and a few in social housing and smaller semis and terraces.

The Carpenters is located on the main road in the centre of the Nottinghamshire village of Walesby. Walesby Forest nearby is a local tourist place for walking and visiting. Within 1 mile radius, there are 550 households made up predominantly of older couples and families in small villages some are now empty nesters and a few in social housing and smaller semis and terraces. The pub as a result caters to the small village communities with reasonably priced food and drink. To make the pub viable it also caters for destination diners with food available 6 days a week and a Sunday carvery.

Pub Layout

The layout of the pub suits this retail offer with a small bar/lounge and a separate dining area with 44 covers. The pub is in excellent decorative order inside and out.

Destination food, popular Carvery on a Sunday and Wednesday, and mid-market home-cooked food reasonably priced pub classics. Food theme nights for the Rhythm Of The Week with steak, burger & curry nights. The bar area is also popular with local drinkers although the number of houses within a mile is low.

Private Accommodation

The private accommodation consists of a bathroom, kitchen, living room, and two bedrooms.

Annual Rent: £17,500

Security Deposit: £5,000

Working Capital: £3,000

Stock: £5,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

This pub needs to be operated by an experienced food operator preferably with the skills to cook themselves. The pub is in fantastic condition and in a lovely rural location. An ability to build up and market the food business will also be essential.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


Keep up to date with vacancies

This field is for validation purposes and should be left unchanged.