Cap & Stocking Kegworth
20 Borough Street, Derby, DE74 2FFAgreement Type: Foundation Tenancy
View details for Cap & Stocking Kegworth
Plough Inn
33, Hall Gate, Derby, DE74 2QJ
Pub Code: 2302875101
Key Features
- Fantastic Location
- Catering Kitchen
- Cask Ales
- Outside Trading Area
- Large Car Park
- Private Accommodation
Est Min Ingoing Costs: £11,043
Annual Rent: £30,519
More Information
Popular Village Pub
The pub is set in the village of Diseworth, located approximately 4 miles from the M1 Jnc 24. There are a number of neighbouring villages close by such as Castle Donnington, Kegworth and the local town Ashby-de-la-Zouch. Just within a couple of miles of East Midlands Airport and Donnington racetrack, home to the Download Festival and British Super Bikes Championships, it is in a key location to capture passing trade.
The popular food menu runs throughout the day offering breakfast, lunch, coffees, and evening meals. The special Sunday Lunch menu is enjoyed by the locals, passing trade and those looking for a great destination venue. There is a good choice of beers and lagers, selection of wines and a great choice of real ales.
This cosy 16th-century village pub attracts a wide range of customers from the surrounding area and is a popular choice by families and walkers at the weekend. With its warm, friendly atmosphere it is the perfect place, whether you are looking for somewhere to dine or just to soak up the atmosphere, maybe take part in the weekly quiz night or simply enjoy a quiet game of dominoes. The introduction of some light entertainment, such as low-key music events would help drive trade further.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, Cask ales and marketing strategy. A strong people person who will drive the business and continue to attract locals and visitors from nearby villages and can create a memorable experience for their 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
The Plough Inn is a traditional-styled pub and is split into three different rooms with a small bar area. There is one fairly large, main room and two smaller ones which could be used for private diners or small gatherings. It has a cosy feel with three open fireplaces and wooden beams and the décor is in good condition throughout.
There is a decent sized kitchen to cater for 60 – 80 covers and is in a fair condition.
A good-sized beer garden to the rear that catches a lot of sun in the summer. A large car park for approx. 25 – 30 cars.
Private Accommodation
The private accommodation is quite quirky – Being an old traditional building there are beams, odd sized rooms which are not levelled.
It consists of two bedrooms, a large lounge, kitchen and bathroom.
| Annual Rent | £ 30,519 |
| Estimated Annual Turnover | £ 357,664 |
| Deposit | £ 7,630 |
| Estimated Fixtures & Fittings Value | £ 15,965 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 32,095 |
| Estimated Minimum Ingoing Costs | £ 11,043 |
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:
33, Hall Gate, Derby, DE74 2QJ
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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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