Summary
| Property Type | Pub |
| Tenure | Lease Assignment |
| Size | 5,000 sq ft |
| Rent | £25,000 per annum |
| Rates Payable | Interested parties should make their own enquiries |
| Service Charge | n/a |
| EPC Rating | This property has been graded as C (69) |
- Business for sale to include goodwill and Fixtures - £59,950
- Derby City Centre
- Rent £25k per annum plus VAT
- TUPE to apply to the staff
- Sale will be plus Stock at Valuation
About
The property offers multiple trading areas to include:-
Main bar area with bar servery and access to the main courtyard.
Ground floor function room with private bar.
First floor bar/function room with bar servery and access to the first floor roof garden.
Ancillary areas to include kitchen, ladies, gents and accessible w/c's, office and cellars.
Accommodation
| Name | sq ft | sq m | Availability |
| Building - Public House and Bars with function room | 5,000 | 464.52 | Available |
| Total | 5,000 | 464.52 |
Location
Derby with an estimated population of 250,000 in the city and surrounding areas has extensive transport links with other areas of the country. The M1 motorway passes about ten miles (16 km) to the east of the city, linking Derby southwards to the London area and northwards to Sheffield and Leeds. Other major roads passing through or near Derby include the A6, A38, A50, A52 (Newcastle-under-Lyme to Mablethorpe, including Brian Clough Way linking Derby to Nottingham) and A61 (Derby to Thirsk via Sheffield and Leeds).
Mainline Stations
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Derby25 mins
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Peartree40 mins
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Spondon66 mins
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Duffield85 mins
Underground Station
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Chesham1778 mins
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Amersham1818 mins
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Chalfont and Latimer1841 mins
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Chorleywood1872 mins
Downloads
Download Particulars
Further Information
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Viewings
Viewing is strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com
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Terms
Offered for sale by way of lease assignment - 10 year lease from 2022 with rent review due 2027 - The current passing rent is £25,000 plus VAT. The incoming tenant will be responsible for their own legal fees and expected to buy the stock at valuation on completion. 3 months deposit will be required.
A premium is sought for £59,950 to include fixtures and fittings, goodwill, staff and any licenses to transfer. -
Trading information
Trading information is available to seriously interested parties that have viewed the business premises.
Turnover to end of March 2024 is £270,000 net
EBITDA in the region of £60,000
Gallery
