The Trumpet is a three storey semi-detached building located in a highly residential area of Ilkeston called Cotmanhay. Local shops and amenities are close by and the town centre is only a five minute drive – there is easy access to bus routes. With a population of circa 4,500 there is a large local target market.
Upon entering the pub there is a central bar servicing all areas of the open plan trade area. To right of the pub there is seating for approximately 25 with access to the toilets and to the left is a pool table and darts area with access to a lovely external courtyard drinking area which is located to the rear of the pub. In good order and well kept, the pub has a welcoming feel and has a feel of exactly what it is – a wet led community pub. Although no pub car park, there is parking nearby.
Private Accommodation
This consist of three bedrooms, lounge, kitchen and bathroom which are all in reasonable order.
Annual Rent: £17,750
Security Deposit: £5,000
Working Capital: £3,000
Stock: £2,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
This pub is suitable for both experienced and first time operators in particular those that have a passion for ensuring that this pub continues to play a large role in the local community and have the vision to drive the sales further.
Our vision for the Trumpet is to be the local pub of choice in the community with an emphasis on pub activities and sports viewing together with introduction of a backbar food offer.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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