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4308

Larklands Hotel

Midlands - Derbyshire

Park Road, Ilkeston, Derby, DE7 5DN

Pub Style

Community Local

Area

Located on Park Road a main arterial route close to Ilkeston centre.,The pub is on local bus route and adjacent to the local take away. The area is a mix of private and local authority housing and has a good demographic make up.

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Features of this pub

  • Traditional Community Pub
  • Car Park
  • Secure rear garden
  • 2 bar operation
  • Dense residential area
  • Good road frontage
  • In good general condition
  • Low ingoings initial concessionary rent to help build trade

Location

Located on Park Road a main arterial route close to Ilkeston centre.,The pub is on local bus route and adjacent to the local take away. The area is a mix of private and local authority housing and has a good demographic make up.

The Property

Purpose built public house with front car park and smoking shelter. The garden is to the rear and very secure with a childrens activity area. The property has a lounge and bar area which are serviced by 2 bars. There is a darts and pool area in the bar.

Living Accommodation

Comprises 3 bedrooms, bathroom and kitchen

The Business

The pub is predominately wet led offering occassional entertainment at weekends.

Nearby Local Pubs

Needles – community local,Gallows – community local close to the canal

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Key Information

RENT will be discussed with the local Business Development Manager (BDM) in line with the companys Code of Practice. ,,BOND DEPOSIT required will depend on the pub and the type of agreement you choose. Our BDM will fully explain the types of agreements available for this pub. Bonds range from 2,500 on a one year agreement to 8,000 on a three year agreement (Bond build up may be discussed where applicable with the BDM). ,,FIXTURES & FITTINGS are valued independently. We have a flexible approach to the purchase of fixtures and fittings IF THE COMPANY OWNS THEM and can therefore arrange monthly instalments over the first term of your agreement. If the out going tenant owns the fixtures and fittings then it is a transaction direct between you and them. Your local BDM will discuss this with you.

Benefits Include

  • A barrelage discount scheme.,
  • Freedom from tie on wines, spirits and soft drinks.,
  • You will have the right to assign your pub lease after 12 months (3 or 10 year agreements).,
  • The rent will be in line with the company code of practice.,
  • Amusement with prize machine and pool table income are shared on a 50/50 basis.,
  • Individual modular training courses on improving your pub business.,
  • Regular business support through experienced Business Development Managers.,
  • Marketing and Promotions assistance available.,
  • Our lease agreements offer a contractual cooling off’ period to ensure the business is right for you.
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