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Brick & Tile, Derby

Derby, DE1 1DU

Your investment

£11,000

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Few minutes walk from Derby City Centre
  • A pub full of character, warmth and interesting features
  • Opportunity to build on current levels of trade

The Brick and Tile is a charming, historic building located just a five minute walk from Derby City Centre, situated in the West End area off Ashbourne Road. Within walking distance to the University of Derby’s main campus and nearby facilities, this pub enjoys a prime location, serving as a welcoming community hub in a densely populated area and also as part of a lively pub circuit.

As both a neighbourhood favourite and a destination for those seeking entertainment and a diverse selection of beers, the Brick and Tile is perfectly positioned. There are plenty of transport links around the pub with Derby Station just two miles away and Ashbourne Road (A52), which connects to the city centre and major routes like the A38 and A50 close by.

Pub Layout

Entering the pub through its single entrance, you’re greeted by a beautifully designed interior full of character and charm. The layout features a single bar within an open-plan trade area, subtly divided by the pub’s original architecture, which adds to its cosy and inviting atmosphere. Near the bar, a thoughtfully arranged live music space comes to life every weekend, enhancing the pub’s vibrant ambiance.  The facilities, including the toilets, are well-maintained and in a good condition. At the rear of the pub, you’ll find an enclosed courtyard drinking area, complete with a covered section and wall-mounted televisions. This outdoor space is a favourite with customers, offering a welcoming spot to relax throughout the year.

This wet-led pub enjoys strong trade throughout the week, with a noticeable boost on weekends thanks to a vibrant program of live entertainment. Darts is a standout feature, with the pub boasting a highly regarded darts team. The drinks menu includes an extensive selection of draught products, premium spirits and cocktails, catering to a diverse local audience. Additionally, there is significant potential to enhance the draught offering by focusing on expanding the range of cask ales.

Private Accommodation

The private accommodation consists of a kitchen, bathroom with separate toilet, lounge and two bedrooms. Work is required in this area and we plan to make the necessary improvements.

Annual Rent: £15,000

Security Deposit: £5,000

Working Capital: £3,500

Stock: £2,500

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.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

To enhance the pub’s existing reputation and further solidify its unique character, efforts should focus on attracting a broader segment of the local and student market. This can be achieved by maintaining a strong emphasis on entertainment while introducing a targeted drive to promote cask ales. By combining the lively atmosphere of regular events with an expanded and well-curated cask ale selection, the pub can become a go-to destination for diverse audiences seeking both quality drinks and engaging experiences.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

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£350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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