Property Description
Just Add Talent is a fantastic Management Agreement that provides the perfect combination of our retail offer, all of the industry leading support we provide along with your talent to execute it.
The Corner Pin will be brought back to life with a new name, style and layout. An excellent opportunity to create its own reputation built on a premium food offering and first class customer service.
Bring your experience in managing a team and executing a plan to build a successful pub business. What would you do with this pub to execute our retail offer.
The area
The pub, in a thriving suburb of Derby, is in the ideal location to capture passing trade with circa 13,000 vehicles passing by the door each day. It is sited opposite a fish and chip shop and a convenience store and next to a recently opened supermarket. Ca. 10,000 adults live within a 20-minute walk.
The offer
The site has been closed and is being repositioned in the local marketplace, with a new name, The Chellaston Arms. It will have a complete refurbishment, including a great outdoor space unlike any other in the area, with a new patio area and a feature fire pit.
This great locals’ pub will attract a range of customers for different occasions, from after-work drinks to family Sunday lunches and will offer a warm, friendly environment that will bring in people from further afield. With a tried and tested food & drinks menu suitable for a mix of occasions.
Available on our management agreement, Just Add Talent Click here for more information on Just Add Talent.
We’re always open to new ideas, what would you do to drive trade?
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 marketing strategy 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…
The Corner Pin will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Two trading areas with central bar
Separate dining room
71 internal covers
100 external covers
Catering Kitchen
Smart Dispense
Fabulous outdoor trading area
Large Car Park
Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom, and office.
Premises license available on request.
Agreement Type
Just Add Talent
Property Facilities
Refurbishment Planned
Kitchen
Outdoor Trade
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* 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
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
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.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
