Pub for sale

Arleston Lane, Derby, Derbyshire, DE24

723 sq. m. | POA

Property Description

Commercial information

  • Business for sale
  • 7,782 sq ft (723 sq m)

Key features

  • REF: 2242
  • LEASEHOLD
  • SOCIAL CLUB

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and very popular sports and social club in Derby, Derbyshire. The business was established in 1976 and has been in our client`s careful ownership since 2010. Only now is the business being offered to the market due to our client`s other business interests. The business is open 7 days per week and generates a turnover in the region of 228,000 per annum, with a gross profit of approximately 50%.

The premises are well-equipped to suit the trade with a large bar with 17 points of dispense and 2 soft drink dispensers, which serves both the main lounge bar area and a separate lounge. The business is well supported within the community and boasts two dart teams, four pool teams, two snooker teams, kids and dads' football teams, a fishing club and a sponsored hockey team. The business also hosts special events such as bingo, karaoke, disco`s and special events such as Halloween parties. The business also offers Sky Sports facilities, with three large screen TVs in the main bar area plus a projector screen with a HD projector.

The property also boasts a function room with a capacity for approximately 200 persons, tiered seating areas and a stage, which is fully booked until the end of January 2015 for private evening functions in the evenings and Slimming World use during the daytime. As well as the main bar area the property has a snooker room, a kid's room and a separate lounge area. We feel the turnover could be increased by offering food services during the day, as a partially fitted kitchen is available, although kitchen equipment will need to be installed.

The club was previously closed and our client purchased, refurbished and re-opened the business four years ago. It is a very large club which is family run with no committee and is well supported and very successful. A new owner could embark on a small marketing campaign to generate further trade, as well as launching a website to promote the business and the services offered. This is an excellent opportunity for a new owner to take this already popular and thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
Sinfin Moor Social Club occupies substantial ground floor premises in a prominent trading location in Stenson Fields within Derby. The business is surrounded by a wealth of densely populated residential areas from which the business derives much of its trade. The business benefits from a large car park to the front of the premises for approximately 50 vehicles, as well as on-street parking. The business further benefits from a large footfall and high volume of passing trade.

Stenson Fields is a large housing estate within the city of Derby and was built between the early 1970s and the late 1990s. Derby is in the East Midlands region of England and lies upon the banks of the River Derwent. According to the 2011 census, the city had a population of 248,700 residents. The city is considered the birthplace of the Industrial Revolution.

The area of the business is well-served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 2 miles away. The area is also well-served by the A-roads, with the A50 being in close proximity to the business, which links to the vast A-road and motorway networks. Burton upon Trent is approximately 9 miles away and Nottingham is 20 miles away.

PREMISES
Large and prominent sports and social club, briefly comprising:

Main entrance leads to:

Ladies, gents and disabled WCs with baby changing facilities.
Office.
Staff room.

Main bar area divided in two parts:

Main bar with covers for over 40 persons, bar stools, table football, 3 x gaming machines and 3 x large flat screen TVs.

Separate lounge area with 2 x pool tables, juke box and perimeter seating.

Snooker room with a full size snooker table.

Children`s area with seating.

Projector screen with HD projector.

The bar services both the main bar area and separate lounge area and boasts 17 points of dispense, 2 x soft drink dispensers, optics display, 2 x two door drinks chillers, glass washer and electronic cash register.

Separate lounge with tables, chairs and bar access.

Function room with large stage, tiered seating for a capacity of 200 persons and separate bar with 12 x points of dispense, 2 x soft drink dispensers, optics display, glass washer, two door drinks chiller and electronic cash register.

Cellar which is fully pumped and piped with spirits cupboard, large stock room and fully racked.

Kitchen, which is partially equipped with extraction canopy, work surfaces, sink and microwave oven (Currently unused).

External with outside seating area on a paved terrace and garden with 40 x benches and BBQ area and large car park for approximately 50 vehicles.

There is a field to the front of the premises, which is not included in the sale but could be available for rental at circa 500 per annum.

The premises have a controlled access system and CCTV with 32 cameras.

TENURE
We are advised Leasehold:

Original lease length: 20 years
Remaining lease length: 20 years
Review every: 5 years
Rent: 26,000 per annum.

We are informed that our client holds a long lease for the property, although the purchase of the long lease may be considered for 400,000, which includes the business.

HOURS
The business is open:

Monday - Sunday: 11.00am - 11.00pm

Additional hours available subject to demand.

STAFF
The business is owner run and managed with 7 x part time staff members

FINANCIAL PROFILE
The business generates a turnover in the region of 228,000 per annum, with a gross profit of approximately 50%.

Nearest stations

  • Peartree (1.6 mi)
  • Derby (2.9 mi)
  • Willington (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Peartree (1.6 mi)
  • Derby (2.9 mi)
  • Willington (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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