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Vernon Arms

Locko Road, Spondon, Derbyshire, DE21 7AL
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NO RENT PAYABLE ON THIS AGREEMENT

Facilities

Beer Garden
External Drinking Area
Function Room
Team Games
Pool Area
  • Beer Garden
  • External Drinking Area
  • Function Room
  • Team Games
  • Pool Area

Location

Traditional community pub in a desirable village location

Ingoing Cost: £5,360.00
Rent: N/A
Agreement Type: Self Employed Management
Reference Number: 943-1 / 40717

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

The Vernon Arms is located on a main high road through the village it attract passing trade as well as the local community.

This is a traditional village pub offering the customer welcoming real fires in the winter and a comfortable "sun trap "patio area in the summer. 

Trading style:

The Vernon Arms is currently trading well, with great week on week sales growth.

This is a great opportunity for the new retailer and the landlords are looking for someone to have the local community at the heart of their business.

Private accommodation:

Consists of three double bedrooms, lounge, office, kitchen and bathroom.

Key Financial Information

Please be aware energy performance certificates are available from the landlord.

The retail agreement is ideal for someone looking to run their own pub business for a small ingoing fee. Income is based on a percentage of the pub’s weekly sales, so the more you grow the business, the more you can earn.

FINANCIAL BREAKDOWN:

Working Capital Required £0
Security Deposit £5,000
Retailer Fee 20%
Legal Fees £360

TOTAL INGOING £5,360

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