Nelson, Christchurch

The Nelson Tavern is a large food led pub sat in the heart of the Mudeford area of Christchurch.  Mudeford is a former fishing village at the mouth of Christchurch harbour with an expanding population. The pub sits on the main Mudeford Road overlooking the river Mude in a well-populated residential area that also benefits hugely from tourism in the summer months.

Pub Layout

The Nelson Tavern has one large main bar area with servery which can accommodate fifty plus covers.. The bar then leads through to the restaurant area which will seat up to approximately one hundred diners. This area benefits from a glazed frontage that overlooks the courtyard garden area. The fully equipped commercial kitchen is located centrally between the bar and restaurant area. There is also two walk in fridges and walk in freezer that compliment this large food led operation. The pub also benefits from a large garden, that is South facing and is well known and well loved as a popular sun trap in the summer months. A small car park to the right hand side of the property will fit approximately fifteen cars.

The Nelson currently trades well as both a wet and dry pub. For the last sixteen years it has developed a very strong reputation locally (and further afield) for being a good quality, consistent food pub. It is also well known for it’s Sunday lunches and traditional pub meals. In support of the food offer, the Nelson Tavern also offers a wide range of drinks including premium lagers, cask ale, craft beers and fine wines.

Private Accommodation

The domestic accommodation consists of three large bedrooms, kitchen, office, as well as a good sized lounge and bathroom.

Annual Rent: £52,500

Security Deposit: £5,000

Working Capital: £4,500

Stock: £4,500

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

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: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Admiral Taverns are looking for an experienced operator with a very strong food background, the ability to drive and market a multifaceted business and the forward vision and determination to try new and exciting things to continue the Nelson Tavern on it’s journey. There is still room to develop the wet trade, to push the ever growing craze of craft beers and cask, as well as to organise local beer festivals and other events in the garden.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *