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Beer Garden
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External Drinking Area
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Smoking Solution
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Car Park
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Childrens Play Area
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Restaurant/Dining
Property details
Reputedly the oldest pub in Eastwood, dating from 1779. The Old Wine Vaults is a Grade II Listed Building in Broxtowe Borough Council's Eastwood Conservation Area. It is located on the main road close to the busy crossroads in the middle of Eastwood.
This recently refurbished site is a friendly community pub with a beautiful, fully enclosed rear garden with a decked area and a children's play area. The pub is an open plan on a split level, with a separate taproom. The trading area is serviced from a central bar, and there is a functional catering kitchen; however, it does need some upgrading. There is an investment planned for this site.
The private accommodation consists of three bedrooms, a kitchen, bathroom and sitting room.
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Cask Ale
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Catering Kitchen
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Team Games
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Live Entertainment
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Live Sports
Trading style
The Old Wine Vaults is a wet-led site that has a sound reputation for cask ales. By day it is family-friendly, and in the evenings there is a great variety of entertainment, including live music and televised sports. It is home to sports teams and is a vibrant, lively place that is popular with families in the warmer summer months.
With the right operator, the landlords are looking to move the retail offer at this site to a value-led wet site to compete with and take trade from other value-led competition in the area.
The landlords are looking for an operator who is driven to provide the community with a family-friendly pub during the day but is keen to offer evening entertainment including some live music and televised sports (although not a dedicated rock venue). The pub has historically been home to sports teams and has been a vibrant, lively place. During the summer, the large beer garden is a sun trap and ideal for BBQs and other outdoor activities and is extremely popular with families in the warmer summer months.
This site requires a truly community-minded operator who knows the local area and is keen to make the pub a real neighbourhood hub. The new publican will have to be able to manage the different aspects of the site through making sure there is plenty to attract families by day as well as great live music and sports available for the evening customers.
Key financials
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Reference Number:
IU3WDL / P04129
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,500.00
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Annual Rent:
£20,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £20,000
Security Deposit: £5,000
Working Capital: £3,000
Stock: £3,500
F&F: Upon valuation – funding options may be available for the right licensee.