Run a Stonegate Pub - Cross Keys Arnold Arnold, Nottinghamshire

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About the Pub

The Cross Keys is an already successful business and local’s pub, which has strong potential with the right publican. The trading area consists of two areas, a large bar which offers sports and games, televisions and showcases it as a strong community local. The facilities for a high street local are all in place to enable a strong publican to develop a good regular’s business with the addition of a food offer to drive daytime and early evening trade in the week. The Cross has traditional décor, really characterising the pub as a community space. The pub is traditional in décor and has a range of excellent facilities to appeal to its local customer base. There is also a beer garden in good condition that is the ideal space during the warmer months to drive additional trade. The private accommodation consists of two bedrooms, ideal for a couple. Stonegate Pub Partners are seeking a community focused publican who can become the personality of the village.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £14500
Fixtures / Fittings: Est. £19590
Guide Rent: £28000 pa
Potential Turnover: £449000 pa

Regional Manager's Thoughts

The Cross Keys enjoys good facilities across two semi-open plan rooms, there is opportunity to develop teams around darts and pool and to further reach out into the community for football and other teams. There are strong circuit pubs in the area which gives good opportunity to win new business with a community pub that can offer the customers activity and events that would not typically be seen in the constraints of a managed house. Additionally, a publican with a strong personality would give customers a further reason to visit, over and above the product offering that is often relied upon in branded managed houses. The Cross Keys is a good opportunity for a publican who wants to be the personality and hub at the centre of the community

Surrounding Area

Situated on the main high street through Arnold, The Cross Keys takes a prominent position at the traffic lights with a large residential area behind. There is a strong local trade, and the pub enjoys consistent trade through the day, as well as circuit business at the weekend. This location has good parking nearby, amenities to assist with footfall in the day and a circuit to boost circuit trade through the weekend evenings

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