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Slide Government Funding and General licensee guidance regarding COVID-19 - Please click here (last updated July 2nd) Admiral COVID-19 licensee support and Rent policy - Please click here (last updated June 8th) ‘RISING FROM LOCKDOWN' - RE-LAUNCHING YOUR PUB IMPORTANT Re-opening Stock Ordering and Delivery Instructions - Please click here (last updated June 9th) Out-Of-Date Draught Stock Process - Please click here (last updated June 4th)
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YOUR INVESTMENT

£8,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsCask AleLive MusicKitchenSports TeamsBeer Garden
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Hole in the Wall

Nottingham, NG1 4EZ

Please leave your details and our team will be in touch. * fields are required

OR CALL 01244 321 171 FOR MORE DETAILS

The Hole in the Wall is located within a mile of the heart of Nottingham City Centre. This popular pub is surrounded by residential and student accommodation. Nottingham Trent University is within walking distance as well as Nottingham Shopping Centre with all major retail stores. There are great transport links with the A60 within 500 yards leading to access to the M1 connecting to Sheffield and Leicestershire.

Pub Layout

A large open plan trading area with a long single bar servery to the right of the entrance. To the left of the room there is a sports area housing a pool table and darts oche. It’s currently decorated with a music theme with wooden flooring throughout and a mixture of fixed and loose seating with a tiled service area. There is a small enclosed snug area tucked away behind the entrance for more cosy drinking. A small equipped kitchen is at the back of the pub along with access to the toilets. Through the sports area there is an entrance to the external drinking patio with approximately five benches.

The Hole in the Wall predominantly trades as a drinks focused pub with live entertainment on weekends and a variety of sports throughout the week. Currently trading with one pool team with scope to expand. Cask Ale has always been a trademark of this pub and should remain a focus for any licensee. No food is currently served however a light bites menu and small back bar food menu should be adopted here.

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen and bathroom.

There is additional accommodation on the 2nd floor with four more good sized rooms, lounge, shared bathroom and kitchen available with an external entrance.

Annual Rent: £7,000

Security Deposit: £3,000

Working Capital: £3,000

Stock: £2,000

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.

I am looking for a business orientated individual or couple with the ambition and skills to further develop this well established and respected pub. You will need good social, marketing and networking skills to further develop the offer and online marketing presence to attract and retain a wider range of customers.

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.

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