Investment Opportunity

Deramore

Main Street, Heslington, York, North Yorkshire, YO10 5EA

Pub overview

A great village pub in a prime location situated in the village of Heslington, York, with a good size commercial kitchen and great cosy bar.

The pub has a fantastic location, facilities and great scope to increase sales through the planned investment.

The Deramore Arms is located in the heart of the village and is a fantastic pub which has great potential to expand its current offer of food and drink. It has a warm intimate feel with separate areas for drinking and dining.

This pub has great potential with separate areas for drinking and dining. It has a great traditional feel and a warm environment, everything you would want from a village pub. There is a great space for external drinking and dining to the rear of the pub.

Trade space
Bars 1
Car park spaces 25
Dining rooms 1
Food covers 80
Gardens 1
Trade kitchens 1
Patio areas 1

The private accommodation space is currently set out and until recently used as additional prep and storage space, with the addition of 2 large office rooms.

Private space
Private Rooms 6
Private Kitchen 1
Bathrooms 1
Toilets 1
Office 3

Rent information

Annual rent £45,320.00 per annum
Weekly rent £871.54 per week fixed
Notes

£45,320 per annum, £871.34 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £19,525 which includes glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, Schedule of Conditions, working capital and deposit (25% of head rent, minimum £6,000). Fixtures & Fittings are to be valued and can be purchased using an assisted purchase agreement.

Brokers £650.00 Legal £825.00
Deposit £11,250.00 Stocktaking fees £150.00
Fixtures & fittings £3,500.00 Working capital £2,000.00
Other costs £1,150.00 Total entry cost £19,525.00

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•50/50 profit split of machines income
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 61 18 3,189
2015/16 138 170 7,524
2014/15 151 188 8,499
Volume notes

Location

The Deramore Arms is situated on Main Street in the village of Heslington, close to the University and the facilities that the village has to offer.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Saturday 10.00 - 23.00 Sunday 12.00 - 22.30

Contact Us

Andy Wearn

Business Development Manager

Call us today 01284 714 497

Apply online
“ The Deramore Arms is a welcoming pub in the York suburb of Heslington, which until recently served a wide range of real ales and fresh, home-cooked food. I am looking for somebody to take this pub to the next level! ”