| (REF: G4829L) Pretty 1747 Pub In Wealthy Gateway To The Peaks Village |
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| Seller Reference: |
G4829L |
| B4S Reference: |
32444 |
| Asking Price: |
£49,950
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Chesterfield, Derbyshire, United Kingdom |
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The business has been owned by our clients since mid 2000s however they have not operated it themselves since early 2011. Since then the business has been sub-let to a 3rd party therefore meaningful accounting information is not available. We understand that the business currently purchases circa 200 brls of draught beers through Enterprise Inns however on a historic sales split of 70/30% to food it would suggest sales of £400,000 plus p.a. This style of business is well suited to a traditional “couple” as operators living “above the shop” or tightly controlled and motivated management team. It is our opinion that a more focused owner operator would be able to develop sales closer to the £ ½ million mark and provide themselves with an excellent return on their investment and time.
LIVE IN A MUCH SORT AFTER VILLAGE LOCALE AND ENJOY THE REWARDS BOTH MINITORY AND LIFESTYLE THAT GOES WITH THIS BUSINESS.
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Property: |
Leasehold |
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Lease Terms: |
We are instructed to offer the property and business for sale as an assignment of a 21 year “Unique” lease, now Enterprise Inns. The lease offers protection under the Landlord and Tenant Act and is fully renewable at no further cost at its end. The lease allows free of tie for wines spirits and minerals and also attracts a variable £40 per barrel discount off draught beers. Business rent payable is £38,361 p.a. |
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Current Rent: |
£38,361 p.a. |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Owner’s private living accommodation comprises of 2 good bedrooms, Living Room. Office, family bathroom, kitchen and has a private entrance. |
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Location: |
Holymoorside is 3 miles west of Chesterfield off the A632 (Matlock Rd) and A619 (Baslow/Chatsworth Road), at the end of the Brampton mile and has become a popular residential area as it is surrounded by the attractive Derbyshire moorland and lies in the valley of the River Hipper. Holymoorside village is situated about three and a half miles to the south-west of Chesterfield to the edge of the Derbyshire Peak District with the purple expanses of Beeley Moor and Eastmoor only a few minutes’ drive away, the heathery slopes of which, came right down to the centre of the village before some of the area was enclosed during the 18th century. Today Holymoorside has become a much-sought-after place to live, with most people earning their living outside the village, commuting daily to Chesterfield, Sheffield, Nottingham, Derby or even further afield. Being just 7 miles from historic Chatsworth House and surrounded by National trust “Gems” the locale is a favourite “honey pot” stop off for tourists who will also find a village that is very much alive with local events such as well-dressing, Scarecrow events, and an Arts Festival which draws customers from far and wide. The pub sits in front of the village playing fields with lots of family and children’s play pieces provided and maintained by the parish council. The pub is to be found close to the junction of Holymoorside New Road and Loads Road at the centre of the village. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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