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Jolly Colliers Derby

Jolly Colliers Derby

122, Derby Road, Heanor, DE75 7QL Pub Code: 2302412101

Pub Code: 2302412101

Foundation Tenancy

Est Min Ingoing Costs: £9,680

Annual Rent: £14,165

The Jolly Colliers is a warm and welcoming pub in Derby.

 

The area

The Jolly Colliers is located in Derby, less than one mile from Heanor town centre, a vibrant market town. The pub is surrounded by residential housing.

 

Demographics

The pub is one of 6 pubs found in an area of around 4,070 adults. The customer base is made up of busy families with children, and hardworking, mature singles.

 

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing the current food offer of Sunday lunches and bar snacks.

The site currently has the ability to drive trade through offering a selection of food and drink, and utilising its function space to the rear and side of the pub. Entertainment like Sky and BT sports, as well as events, and the skittles league in the outdoor beer garden and marquee are key to the pubs success.

 

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

  • Understanding of the local community
  • Understanding of how to build a successful business
  • Ability to engage with customers from behind the bar

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Catering Kitchen

  • Foundation Tenancy

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

Trading areas and facilities:

  • Main trading area with bar
  • Extra side seating
  • 75 internal covers
  • 15 external covers
  • Catering kitchen
  • SmartDispense
  • Beer garden with marquee
  • Car park with 10 spaces

Private Accommodation

Private accommodation consists of 2 bedrooms, kitchen, and bathroom.

Pub Financials Icon

Estimated Total Ingoing Costs

£27,041


Estimated Minimum Ingoing Costs

£9,680

Annual Rent
£14,165
Estimated Annual Turnover
£221,013
Deposit
£3,541
Estimated Fixtures & Fittings Value
£15,000
Estimated Stock Valuation
£5,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

122, Derby Road, Heanor, DE75 7QL

Google map location image of Jolly Colliers Derby
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