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Waterside Bar & Kitchen, 1 Bridgford House, West Bridgford, Nottingham, NG2 5GJ

£700,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Renowned Riverside Bar and Restaurant
  • On main route to Nottingham city centre
  • Prime location to Nottingham’s major sports
  • Two section bar/restaurant (circa130 covers)
  • Large external riverside terrace (circa.120
  • Licensed capacity of circa 400 persons. EPC Rating C
  • Christie & Co Ref: 5752396

Description

Description

The subject premises, which is offered in excellent decorative order, is a single storey “lock-up” bar/restaurant premises, occupying the ground and basement areas of a substantial 10 storey modern purpose built residential waterside apartments building.

Internally, the public trading areas consist of a 2-section seating area, plus a designated games area with pool table and darts board and a large single bar servery area. The conservatory area provides the flexibility of additional seating space as well as function space.

Externally, there is a large, raised patio area with covered and open seating areas providing “alfresco” dining and drinks area for around 120 persons.

Location

The property is prominently positioned on the A60 London Road, an arterial route into Nottingham city centre, adjacent to the River Trent and the south side of the city’s iconic Trent Bridge.

Nottingham city centre is situated approximately two miles to the north, whilst the affluent suburb of West Bridgford is situated approximately half a mile to the south-east.
Nottingham Forest’s City Ground stadium and Nottinghamshire County Cricket Club’s Trent Bridge Cricket ground are both situated within 150 metres of the business.

Nottingham is easily accessed via junction 24 of the M1 motorway from the south and junction 26 from the north; Derby is located 15 miles to the west, Sheffield 35 miles north and Birmingham is approximately 50 miles to the south-west.

The city of Nottingham has a population of approximately 315,000 and an urban population of 730,000. The city benefits from having two universities, is also the home of major companies including Boots, Speedo and Experian and is widely considered to be the regional capital of the East Midlands.

Internal Details

Public Trade Areas

• Bar/restaurant with games area (90 covers)
• Conservatory/function area (40 covers)

Additional Areas

• Ladies, gents & disabled WC’s
• Basement beer cellar and food store
• Well-equipped catering kitchen
• Managers’ office

Fixtures & Fittings

We have been informed the trade fixtures and fittings at present in the property will be included in the sale with the exception of any company branded items.

External Details

• Large, raised patio overlooking the River Trent. (circa 120 covers)

The Opportunity

Waterside Bar and Kitchen currently operates as a “wet-led” managed house offering a wide range of ales and lagers, with a variety of promotional offers to the target audiences that the venue attracts. The food menu boasts a diverse offering, featuring traditional pub classics, light bites and tempting desserts. The menu caters for many dietary preferences.

Trade is drawn from the various districts & suburbs including the affluent area of West Bridgford within the Rushcliffe district. The proximity to The City Ground (Nottingham Forest) and famous Trent Bridge Cricket Ground (Nottinghamshire Cricket Club), along with Meadow Lane (Notts County FC), positions the bar within the heart of the sporting Mecca of the region, offering significant footfall on match days. In addition to the stadia, Victoria Embankment hosts numerous events and water-based societies, with the annual Riverside Festival & Robin Hood Half Marathon based here.

The location and internal condition favour a continuation of its existing operation, focusing on sports, local events and significant residential and student presence within the area. There is opportunity to improve the external trade through automation and renovations.

Staff

The business is operated by two full time and 19 part time staff as and when required. The General Manager looks after other sites within the city and is not part of the staff list. The bar has four supervisor level staff.

Trading Information

Trading accounts provided to us show for the financial year ending March 2025 a forecast turnover of £746,000 net of VAT with a gross profit of 71%. The current trade split is approximately 80% wet sales and 20% food sales.

Trading Hours

The business currently operates from:

Monday to Thursday 4pm until 10.30pm
Friday 12 midday – 11pm
Saturday 9am – 11pm
Sunday 12 midday – 8pm

Tenure

Virtual Freehold. The property is held on a 999 year lease from June 2020 with a fixed peppercorn annual rent for the entire duration of the lease term.

Business Rates

Rateable value £34,500 with effect from 1st April 2023.

Energy Performance Certificates

EPC 1

Brochures

Waterside Bar & Kitchen, 1 Bridgford House, West Bridgford, Nottingham, NG2 5GJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nottingham Station0.8 miles
  • Station St Tram Stop0.8 miles
  • Lace Market Tram Stop1.1 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5752396-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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