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Slide ‘RISING FROM LOCKDOWN' - GUIDING YOU THROUGH COVID RENT DISCOUNTS AVAILABLE OF UP TO 40% In accordance with our rent policy Admiral COVID-19 licensee support and Rent policy - Please click here (last updated November 5th)
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YOUR INVESTMENT

£13,0

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsFunction RoomLive MusicSports TeamsCar ParkBeer Garden
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Fairham Hotel

Nottingham, NG11 8LT

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OR CALL 01244 321 171 FOR MORE DETAILS

The Fairham Hotel is located in a residential area of Clifton which lies south of Nottingham Central. The pub is situated on a large corner plot opposite Clifton Football Club playing field, in a densely populated residential estate. There has been significant development in the area with both retail and education benefiting from improvements to the transport links such as Derby Parkway train station and the East Midlands Airport nearby. Local amenities close by consist of playing fields, schools, leisure centres and supermarkets and the pub is only 5 minutes from Nottingham Trent University.

Pub Layout

The Fairham is a three room operation comprising of a traditional tap room with loose & fixed seating, a sports area with a pool table and darts and a large lounge / function room catering for events and entertainment. There is also a small food preparation area ideal for sports teams and a back bar food offer. Each of the rooms has its own bar servery. Externally there is a large car park which can house twenty+ cars and to the front is an outside drinking patio. There is also a store room at the rear of the property and a large cellar.

Currently trading as a drinks focused pub majoring with a draught offer on Fosters, John Smiths, Strongbow and Kronenbourg as-well as being supported by other leading brands, bottled beers & ciders and a good range of spirits, soft drinks & wines. There is no food on offer at present but there is the opportunity to develop a simple snack food menu. Live sports and television events create a great community atmosphere as well as the local football team playing opposite the pub.

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen, bathroom and a separate office. This can be accessed through the bar and an external entrance.

Annual Rent: £15,000

Security Deposit: £5,000

Working Capital: £5,000

Stock: £3,000

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

Utilities (Gas and Electric): This pub is part of the Group Energy deal and you will therefore be required to purchase gas and electric supply through Admiral Taverns.  For more information on this, please speak with a member of our recruitment team.

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: £250 plus VAT

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

This is an opportunity for an individual or couple with experience in running and operating community pubs who have the ambition and skills to take this established venue to the next level. You will need good social interaction and networking skills to further develop the offer and online marketing presence to attract and retain a wider range of clientele.

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.

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