Overview

Could you run this pub in Derby?  

The Noahs Ark is unique pub ideally located on the Morledge in Derby. From the outside the pub has a traditional look but inside it is full of character, with walls that are murals to music legends. It is a true community hub and is well loved by locals for its karaoke nights. It’s a home from home with a classic offer of cask ales and live music. On match day it is always full of Derby County Football Club Supporters and its city location allows it to welcome them easily. 

When guests enter thNoahs Ark has there is a small bar area to the left that is perfect for a relaxed drinking experience and a larger space to the right with plenty of comfortable seating. The pub boasts a beer terrace to its rear and also currently has a pavement license, with seating at the front of the pub that allows guests to watch the world go by over the Morledge. 

About the local area  

Derby is a vibrant city on the banks of the River Derwent. Steeped in unique history it has great culture as well as a thriving city centre. The Morledge is a busy hub at the heart of the city and has plenty of great shops and places to eat and drink. With a mixture of locals and visitors to the city, the Noahs Ark is a great position to welcome them through its doors.  

Ideal operator 

This is the perfect opportunity for a local pub enthusiast. You will thrive when operating in a city setting that has a sense of community at its core, with the skill to continue to provide an offer locals love, with quality drinks and karaoke, as well as providing an offer that appeals to visitors to the area.  

Accommodation 

The pub has a very good standard of private accommodation consisting of 3 bedrooms, kitchen and lounge. 

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 Operations 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 Operations Manager 

Financial Information

Initial Deposit*
£3,000
Full Deposit
£6,244
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£25
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Annual Rent
£24,975
Forecasted Annual Wet Turnover
£356,752
Forecasted Annual Other Turnover
£2,167
Weighted Average Discount Per Barrel
£131
Agreement
3 Year Tenancy

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