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The Courtyard - The Clock Yard Friar Gate, Derby, DE1 1FP

£2,083 pcm
£25,000 pa

£5.00 per sq ft

Business rates & charges may apply

P&F, Commercial
SIZE AVAILABLE

5,000 sq ft

465 sq m

SECTOR

Pub to lease

Lease details

Lease available date:
Ask agent
Deposit:
£6,250A deposit provides security for a landlord against damage, or unpaid rent by a tenant.Read more about deposit in our glossary page.

Key features

  • Business for sale to include goodwill and Fixtures - £59,950
  • Derby City Centre
  • Rent £25k per annum plus VAT
  • TUPE to apply to the staff
  • Sale will be plus Stock at Valuation

Description

Welcome to The Courtyard in the heart of Derby! This charming property is a thriving public house boasting an impressive 5,000 sq ft of space. Situated in the historic Friar Gate area, this property offers a unique opportunity for those looking to create their own licensed business.

Located in a vibrant area with a rich history, The Clock Yard is surrounded by a mix of shops, restaurants, and cultural attractions, ensuring a lively atmosphere for any business venture. The proximity to Derby's city centre provides convenience and accessibility for both locals and visitors alike.

The property offers multiple trading areas to include:-
Main bar area with bar servery and access to the main courtyard.
Ground floor function room with private bar.
First floor bar/function room with bar servery and access to the first floor roof garden.
Ancillary areas to include kitchen, ladies, gents and accessible w/c's, office and cellars.

Offered for sale by way of lease assignment - 10 year lease from 2022 with rent
review due 2027 - The current passing rent is £25,000 plus VAT. The incoming tenant
will be responsible for their own legal fees and expected to buy the stock at valuation
on completion. 3 months deposit will be required.
A premium is sought for £59,950 to include fixtures and fittings, goodwill, staff and any
licenses to transfer.

Great opportunity to acquire this
profitable Public House in Derby
City Centre

Description - Welcome to The Courtyard in the heart of Derby! This charming property is a thriving public house boasting an impressive 5,000 sq ft of space. Situated in the historic Friar Gate area, this property offers a unique opportunity for those looking to create their own licensed business.

Located in a vibrant area with a rich history, The Clock Yard is surrounded by a mix of shops, restaurants, and cultural attractions, ensuring a lively atmosphere for any business venture. The proximity to Derby's city centre provides convenience and accessibility for both locals and visitors alike.

The property offers multiple trading areas to include:-
Main bar area with bar servery and access to the main courtyard.
Ground floor function room with private bar.
First floor bar/function room with bar servery and access to the first floor roof garden.
Ancillary areas to include kitchen, ladies, gents and accessible w/c's, office and cellars.

Offered for sale by way of lease assignment - 10 year lease from 2022 with rent
review due 2027 - The current passing rent is £25,000 plus VAT. The incoming tenant
will be responsible for their own legal fees and expected to buy the stock at valuation
on completion. 3 months deposit will be required.
A premium is sought for £59,950 to include fixtures and fittings, goodwill, staff and any
licenses to transfer.

Brochures

The Courtyard - The Clock Yard Friar Gate, Derby, DE1 1FP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station1.3 miles
  • Peartree Station2.0 miles
  • Spondon Station3.4 miles

About P&F, Commercial

18 Midland Court Station Approach Oakham Rutland LE15 6RA

P&F Commercial are the only dedicated sole Commercial Estate Agency in Rutland with unrivaled regional knowledge and forty years’ combined experience. P&F Commercial can offer the kind of assurance and exceptional personal attention clients know they can depend on when making important commercial property decisions.

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Disclaimer - Property reference 33532845. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by P&F, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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