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

Property Details: • Type: 5,000 sq ft • Tenure: N/A • Floor Area: N/A

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

Location: • Nearest Station: Derby Station • Distance to Station: 1.3 miles

Agent Information: • Address: 18 Midland Court Station Approach Oakham Rutland LE15 6RA

Full 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 CentreDescription - 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.