Pub to rent
Property description & features
- 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
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.
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).
Viewing is strictly by prior appointment via the sole agents P & F Commercial [use Contact Agent Button] or via [use Contact Agent Button]
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 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
Property information from this agent
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Property reference 264660-2. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by P & F Commercial - Oakham.
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Energy Performance data and Internal floor area
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