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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
Property details
The General Havelock is situated on South Street alongside shops and other pub establishments, food establishments, residential housing as well going out of the town. In Ilkeston’s “golden triangle,” there are a number of successful pub establishments in the triangle, this pub in its heyday 9 years ago was trading at 15-17k per week, but since then management has been ineffective in matching those heady heights. The “Spanish bar”, Ilkeston’s most successful wet establishment, is 100m across the road. It is on Ilkeston’s main roundabout, with car parking and an excellent frontage.
Internally there are two bars, one upstairs and one cellar bar, Ilkeston’s only one, which previously had a licence for 20 people but is currently unused. An excellent and niche feature. There is a pool table and dart board and 50 covers.
Externally there is an award-winning beer garden with a water feature, an outside covered area, a small lawned area, car parking for 10 cars at the front of the building, there is a council car park next door which is free after 6, and is cheap in the day – a ticket incentive could easily be worked out if needed to be.
The private accommodation consists of a large four-bedroom flat that is the entire footprint of the pub.
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Cask Ale
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Catering Kitchen
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Free of Tie
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Team Games
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Pool Area
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Live Entertainment
Trading style
The food offering is desperate for an overhaul and there is a lot of opportunity to cater to functions that are underserved in the town. The short-term accommodation market is also badly underserved and with lettable rooms above, there is some real scope here.
The pub company is looking for a bright and hard-working tenant or a couple with some entrepreneurial spirit and the relevant skills to keep a good cellar is a must in the town. Catering experience especially in similar areas/demographics would be a bonus. Experience of the town would be handy but not critical. Good beer, a good atmosphere, and functions or “event nights” would give the current marketplace a reason to come out and spend their money.
Building the dry side of the business and regular CAMRA and other cask ale events, alongside live music, would be a success here. It has been in the past and no reason why it wouldn’t be in the future.
The pub is in good condition, but depending on the strength of the covenant then negotiation is possible, and the owners are willing to support the right application/tenant.
Key financials
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Reference Number:
LMA6HU / API - DE7
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Agreement Type:
Lease
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Min Ingoing Cost:
£8,500.00
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Annual Rent:
£17,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: 3-10 years (options to continue negotiable)
Agreement type: Lease
Rent: £17,500
Ingoings: £8,500
F & F: £5,000
Significant advantage from 1 April 2023 as business rates liability will disappear based on the Rateable Value and small business rate relief will kick in.