The Victoria Hotel is a prominent detached building featuring two exterior grassed garden areas and large car park and is well sited on the main A605 thoroughfare. Draycott is a pleasant village 6 miles East of Derby and yet is only a short drive to the M1 & East Midlands transport hub. Housing in the area is a mix of properties ranging from first time buyer modern flats, through semi & detached houses to properties of significant size. Local amenities are within a short walking distance. The population is in the age range 18-59 with a high percentage in employment.
Pub Layout
The pub has an open plan layout but two defined areas allowing the licensee to differentiate the trade in the pub. To the left is a comfortable lounge area benefiting from an open fire & to the right is the taproom/sports area with a central bar servery to serve both. Towards the rear of the pub is an unused room & food preparation area both of which are a development opportunity. Externally there is a large car park and two beer gardens at the rear of the property.
Upstairs there are three large bedrooms along with a bathroom, living room and office.
Annual Rent: £20,000
Security Deposit: £3,000
Working Capital: £2,000
Stock: £3,000
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.
I am looking for an individual or couple with the ambition and skills to further develop this well established and respected pub. You will need good social, marketing and networking skills to showcase the offer and online marketing presence to attract and retain a wider range of clientele. Embrace the locals and involvement in community events will also play a major part in the success of the Victoria Hotel.
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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