Cross Keys Ockbrook
3 Green Lane, Derby, DE72 3SEAgreement Type: Foundation Tenancy
View details for Cross Keys Ockbrook
White Swan Ockbrook
19, Church Street, Derby, DE72 3RB
Pub Code: 2300027101
Key Features
- Charming village location
- Recently refurbished
- Large outdoor trading area
- Car Park
- Private Accommodation
Est Min Ingoing Costs: £11,338
Annual Rent: £34,058
More Information
Charming village pub located in Derby’s suburbs, featuring spacious indoor seating and an impressive, expansive beer garden.
Exciting chance to join a vibrant village community and offer highly sought-after food.
The area
The White Swan is located in the village of Ockbrook, close to the A38 and Derby City Centre and Pride Park Stadium. The pub is surrounded by residential housing.
The pub benefits from being one of 4 pubs found in an area of around 1500 adults. The diverse customer base spans a wide range of ages.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via food & drink and a live, light entertainment calendar. It offers a selection of cask ales, coffees, and popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience but some background in a food site would be advantageous. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
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…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 70 internal covers
- 100 external covers
- Galley kitchen
- Large beer garden with outside bar
- Car park with approx. 20 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
| Annual Rent | £ 34,058 |
| Estimated Annual Turnover | £ 453,863 |
| Deposit | £ 8,515 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 32,015 |
| Estimated Minimum Ingoing Costs | £ 11,338 |
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.
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:
19, Church Street, Derby, DE72 3RB
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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