01283 501999

Navigation Inn

Navigation Inn, 143 London Road, Shardlow, Derby DE72 2HA, UK
Initial Ingoings* :
£6,750
Rent:
£442 PW
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 38 Spaces Car Park
  • Cask Ale
  • 80 Covers Catering Kitchen
  • Live Entertainment
  • Outdoor Drinking Area
  • Wifi

Overview

Looking to run a pub?

Sitting in a prominent position in the heart of a thriving ‘canal village’, this attractive community mainstream pub is well placed to benefit from trade from both locals and visitors to the area, including boating customers from the nearby marina. Further developing the food and cask offer here will help to grow trade.

Business facilities

The Navigation Inn has recently been refurbished and is in very good condition, with plenty of traditional character and welcoming open fires. There’s huge potential for growing this business by further developing the food and cask beer offer here – the pub’s catering kitchen can provide up to 80 covers at full capacity. The Navigation has a good following for its regular entertainment programme and it also provides free WiFi for customers’ use. Outside, there’s a large car park with 38 spaces, plus a great beer garden and a separate drinks terrace, both of which are popular assets in the summer months.

Accommodation

The domestic accommodation consists of three bedrooms, a kitchen and a lounge. Punch will ensure that this accommodation is in good order.

About the local area

Occupying a Grade II listed building in the centre of the historic ‘canal village’ of Shardlow in Derbyshire, the Navigation Inn sits in a prominent position on a key junction on the main road through the village. Shardlow lies about 6 miles south-east of Derby and 11 miles south-west of Nottingham. Its proximity to both cities makes it a great place to live and it offers facilities to suit all families. Although a relatively small village, Shardlow’s location on both the Trent and Mersey Canal and the River Trent means that it’s generally considered Britain’s most complete surviving example of a canal village. There are more than 50 listed buildings within the designated Shardlow Wharf Conservation Area.

This pub may suit

An ideal opportunity for an experienced operator with the skills to develop both the wet and food aspects of this business. You’ll need the ability to attract both locals (including boating customers) and the area’s destination visitors, offering a warm welcome to all.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Punch Development Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Punch Development Manager

Business Information

Initial Deposit*
£6,000
Legal Fees
£750
Weekly Rent
£442
Working Capital
£2,000 - £4,000
Maintenance Fund Per Week
£40
Fixture and Fittings Weekly Rent
£53
Forecasted Annual Wet Turnover
£270,663
Forecasted Annual Food Turnover
£42,467
Forecasted Annual Other Turnover
£6,067
Weighted Average Discount Per Barrel
£131
Street Check
Click Here

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