Taverns for sale in Ilkeston

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Pub Tenancy Available - Stanhope Arms - Ilkeston

Ilkeston, Derbyshire, England

  • Price: Price on application
  • Annual Turnover: £186,985
Seller Reference: PT11
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Business Description
 
 
 
 
 
 
 
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Seller Reference: PT11
Request Details
Business Description
COULD YOU RUN THIS PUB IN DERBYSHIRE?

The Stanhope Arms is a well-loved and characterful pub located at the heart of Stanton by Dale, Ilkeston. It offers everything you could ask for in a quaint village pub, from low beamed ceilings to cask marque accredited ales. The pub has a stunning exterior and is famous for its delicious home cooked classic pub meals this pubs reputation is widely known and loved as a quality food venue.

The pub has an open plan bar and restaurant with 70 covers throughout. It also benefits from an additional room that doubles up as an extra restaurant area or function room, making this the perfect venue to celebrate special occasions. The pub also boasts an outdoor drinking area which wraps around the entire pub, with picnic tables and parasols it’s a lovely place to enjoy a pint in the sun.

REFURBISHMENT

We have exciting investment plans to enhance the pubs outdoor area and upgrade its facilities.

FACILITIES

This fantastic pub opportunity comes with domestic accommodation that consists of two bedrooms, a private kitchen and lounge.

ABOUT THE LOCAL AREA

Stanton by Dale is a historic village, mentioned in the Doomsday book from 1086 with a rich history tied to ironworks. It’s a little picturesque village located exactly halfway between Nottingham and Derby and surrounded by rural greenery and plenty of old stone buildings. With good road links to larger towns like Ilkeston, West Hallam, Long Eaton, Sandiacre and Stapleford you get the perfect balance of quiet village life and hustle and bustle.

IDEAL OPERATOR

This is the perfect pub opportunity for a Publican with catering experience and the passion for food to go with it. You will have the enthusiasm to drive both wet and dry sales, including a love for cask ales. You’ll thrive when operating in a village environment in a pub that is truly at the heart of the community, building long lasting local relationships as well as marketing the pub to entice customers from further afield through the doors.

AGREEMENT

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice. Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

FINANCIAL INFORMATION

• Initial Deposit* - £6,000
• Full Deposit - £7,001
• Initial Ingoing* - £6,750
• Rent - £539 PW
• £539 PW
• Legal Fees - £750
• Maintenance Fund Per Week - £40
• Fixtures and Fittings Weekly Rent - £97
• Working Capital – £2,000 - £4,000

BUSINESS INFORMATION

• Annual Rent - £28,026
• Forecasted Annual Wet Turnover - £186,985
• Forecasted Annual Food Turnover - £182,018
• Forecasted Annual Other Turnover - £8,600
• Weighted Average Discount Per Barrel - £131
• Agreement – 5 Year Tenancy

PLEASE FILL IN THE ENQUIRY FORM BELOW FOR MORE INFORMATION
Location Details:
Stanhope Street, Stanton By Dale, Ilkeston, DE7 4QA
Listed by:
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Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

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