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Pub to rent

The Courtyard - The Clock Yard Friar Gate, Derby, DE1 1FP
Pub
5,000 sq ft / 465 sq m
Added > 14 days

Letting details

  • Deposit: £6250

Features and description

  • 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
Welcome to The Courtyard in the heart of Derby! This charming property is a thriving public house boasting an impressive 5,000 sq ft of space. Situated in the historic Friar Gate area, this property offers a unique opportunity for those looking to create their own licensed business.

Located in a vibrant area with a rich history, The Clock Yard is surrounded by a mix of shops, restaurants, and cultural attractions, ensuring a lively atmosphere for any business venture. The proximity to Derby's city centre provides convenience and accessibility for both locals and visitors alike.

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.

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.

Great opportunity to acquire this
profitable Public House in Derby
City Centre

Description - Welcome to The Courtyard in the heart of Derby! This charming property is a thriving public house boasting an impressive 5,000 sq ft of space. Situated in the historic Friar Gate area, this property offers a unique opportunity for those looking to create their own licensed business.

Located in a vibrant area with a rich history, The Clock Yard is surrounded by a mix of shops, restaurants, and cultural attractions, ensuring a lively atmosphere for any business venture. The proximity to Derby's city centre provides convenience and accessibility for both locals and visitors alike.

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.

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.

Property information from this agent

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About this agent

P & F Commercial - Oakham
P & F Commercial - Oakham
18 Midland Co, Station Approach Oakham, Rutland LE15 6RA
01664 518223
Full profileProperty listings
P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vacant property but can assistbuyers and sellers in the transfer of operating businesses and are perfectly placed to assist start up’sand SME’s in the acquisition, lease or sale of the premises essential to making the enterprise asuccess. We understand that buying, selling or leasing property can be a stressful time and we are more thanhappy to handle the transaction discreetly with or without formal open market promotion and wecan arrange meetings and viewings outside office or working hours as necessary. We can handle any property from the lease of the smallest shop or office unit to multi-million poundfreeholds and we take pride in the way we can market our client’s properties using selected InternetPortals, our own website at www.pandfcommercial.com and our extensive database. We are always happy have an open chat about the services we can offer so please give us a call to discuss your requirements.
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