Property Description

Fantastic Community based pub on the outskirts of Derby. Available on our management agreement, Just Add Talent. Just Add Talent is a fantastic Management Agreement that provides the perfect combination of our retail offer, all of the industry leading support we provide along with your talent to execute it.  We are accepting applications NOW, so apply today! Bring your experience in managing a team and executing a plan to build a successful pub business. What would you do with this pub to execute our retail offer. The area: The Bull & Bush sits in the middle of the densely populated Mackworth Estate, which has more than 7,000 residents, providing a huge potential customer base within walking distance. It is one of the largest housing estates in the UK. The community spirit in the area is high. Demographic reports show the locals are seeking a value driven food and drinks offer that’s suitable for the whole family. Recently refurbished the pub has a fabulous bar and snug area as well as a dedicated sports area with big screens, dart board and pool table. This area provides easy access to the great enclosed patio and decking area to the rear of the pub. Live sporting events, a family friendly atmosphere and 114 covers will draw in customers and locals. A classic rhythm of the week featuring quiz nights and entertainment at weekends will also appeal to the community. The offer: Available on our management agreement, Just Add Talent, the pub has a tried and tested food and drinks offer. Click here for more information on Just Add Talent. The food currently makes up 10% of the pubs total sales. You can drive trade through the value driven food & drinks menu, live sports, live entertainment and selection of pub games, such as pool, and darts. We’re also really interested to hear your ideas on how 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. You know what it takes to deliver a retail offer. If you’re enthusiastic and retail focused. 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 pubs next chapter…  

Main trading area with bar Separate snug area 114 internal covers 80 external covers Small kitchen Function room Office HEINEKEN Smart Dispense Large patio, decking area and garden  Car park with 20 spaces  

Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.

Premises license available on request.

Agreement Type

Just Add Talent

Property Facilities

Kitchen Outdoor Trade Pub Games Function Room Parking Private Accommodation

Property Financials

Approx. Total Ingoings

£4,000

Annual Rent

TBC

Additional Information

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
* 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
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
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

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.

MISREPRESENTATION ACT 1967

My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.

The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

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