Industry Inn, Chesterfield

The Industry is a large detached building located in Stonegravels, just a 5 minute walk from Saltergate, Chesterfield.  It is one of two pubs in the area catering for an immediate population of 401, widening to the extended population of Chesterfield of 10,900. The pub is surrounded by housing, shops and amenities which are all within walking distance as well as local schools. There is also a well-established popular cask ale house which helps drive footfall in the area. Chesterfield is a market town in Derbyshire located approximately 24 miles north of Derby.

Pub Layout

The main entrance to the pub is approached via the beer garden which has several benches for external drinking. Along the corridor, passing the ladies and gents toilets you will be greeted by the main bar area. The pub trades from a central bar servicing three separate trading areas. To the front of the pub there is a bar decorated to a good standard with TVs and an open fire for those cosy evenings. To the rear of the pub there is a room with comfortable seating which could facilitate approximately 20 covers and houses a dart board, alongside an additional room which makes a great games area complete with a pool table. The pub also benefits from having a commercial kitchen supporting the opportunity to develop a good food offering. To the rear, there is a beer garden with benches and a car park for up to eight cars.

The Industry is currently being ran as a wet only business, with scope to introduce a food offering and bring back it’s reputation for a good home cooked Sunday lunch. It is a local community pub that has scope to build on televised sports such as Sky & BT and build on a loyal customer base with both darts and pool teams.

Private Accommodation

The private accommodation consists of a lounge, kitchen, bathroom and three large bedrooms.

Annual Rent: £17,000

Security Deposit: £5,000 

Working Capital: £2,000

Stock: £2,000

F&F: TBC – 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.

Our vision for the Industry is to premiumise the offer, include cask ales and introduce a solid home cooked food offer to maximise trading hours and bring back the fantastic reputation the pub once had. Introducing a strong marketing plan, incorporating social media and creating the best community local in the area.

An investment would be considered with the right licensee.

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 – £60.89 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 *