The Charlton Arms
Chilwell, Nottingham

The Charlton Arms

  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
  • The Charlton Arms gallery image
Gallery View

Key Highlights

  • Large open plan one bar operation, fully refurbished in 2019
  • Opportunity to drive sales income with new food offering
  • Situated in a densely populated area of Chilwell with Large car park and enclosed rear garden
  • Lower entry from £8,000
  • Large, 2 storey, private accommodation

Pub Overview

The business currently attracts the local community with a predominantly wet led offering supported by pub games, weekly entertainment and satellite television. There is ample parking along with a large enclosed garden at the rear of the property.

Suitable Applicants

The ideal operator/s must have a strong and welcoming personality with the ability to build strong relationship with local community groups. It is important that the business offers excellent customer service and a friendly welcome to the locals.

The confidence to manage a strong bar trade providing a safe place for all guests combined with the ability to juggle food and wet trade and lead a team by example to deliver very high standards would be highly advantageous. Experience with marketing and financial skills is also essential.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings
£7800
Security Deposit
Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors
£6000
Training Course Fees 
 Per person (payable to Wells & Co. Ltd) 5 day  induction course mandatory for all licensees – NB £800 for two people
£550
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement
£750
Working Capital
Minimum working capital required
£500
Stock & Glassware
In the region of to cover the value of opening stock
n/a
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.
n/a
Advanced Rent
In the region of (usually 1 month) - negotiable
n/a
Fixtures & Fittings
 Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment
n/a
ANTICIPATED RETAINED INCOME
Drink Sales
Food Sales
Total Sales

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)
£2539
Accountancy Services
Fees for a nominated accountant (in the region of)
£4010
Stocktaking Services
Six professional stocktakes per annum recommended
£960
Rent
In the region of (payable monthly in advance)
£n/a
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

361 High Road, Chilwell, Nottinghamshire, NG9 5EA
Neighbourhood Value
Total Investment 5k - 15k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team