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VILLAGE LOCAL

Olympic Hotel

Station Road, Draycott, Derbyshire, DE72 3QB

Ingoing Cost: £13,390
Annual Rent: £15,561

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Car Park

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Childrens Play Area

Property details

The Olympic Hotel is located in the village of Draycott, close to Long Eaton. The pub is surrounded by mixed housing and benefits from being one of three pubs found in an area of around 2,391 adults. The diverse customer base is made up of a range of singles, young couples, and families.

Internally there are two trading areas with a central bar and a mix of low, medium, and high-level seating with 60 covers. Medium-sized catering kitchen, and Smart Dispense.

Externally there are large gardens to the rear and side with a children’s play area Heated pergola and a car park with 15 spaces.

The private accommodation consists of three bedrooms, a living room, a kitchen, a bathroom, and an office. Where required there will be appropriate works carried out in line with the landlords ready-to-trade promise.

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Cask Ale

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Catering Kitchen

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Team Games

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Pool Area

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Live Sports

Trading style

The site currently has the ability to drive trade via live sports, live entertainment, and a selection of pub games, such as pool, and darts. It offers a selection of cask ales, popular beers, ciders, wines and spirits, a pub classic menu, and coffees.

Refurbished in October last year, the pub offers a welcoming atmosphere with a fantastic outdoor trading space and a children’s play area.

Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you. Understanding of the local community. Understanding of how to build a successful business. Ability to engage with customers from behind the bar.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.

Key financials

Reference Number: 8M9JTW / 2302424101
Agreement Type: Tenancy

Min Ingoing Cost: £13,390.00
Annual Rent: £15,561.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware energy performance certificates are available from the landlord.

Annual Rent £15,561

Estimated Annual Turnover £241,690

Deposit £7,781

Estimated Fixtures & Fittings Value £30,000

Estimated Stock Valuation £6,000

Estimated Working Capital £3,500

Estimated Total Ingoing Costs £47,281

Estimated Minimum Ingoing Costs £13,390

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.

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MISREPRESENTATION ACT 1967

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