Year round Sales (y/e 2014) of £394,430 inc vat with showing a 66.41% GP of £218,284 - 40% Dry 60% Wet (Holiday let yet to be shown)
Attached Holiday Cottage sleeping 6 just renovated to a wonderfully high standard increases sales potential throughout the year, just waiting to be harnessed.
Absolute “Gem” – Low beamed bar (30+) Panoramic Conservatory (18+) and Period Lounge (24+)
Terraced veranda patio with Boules pitch, large car park with potential for profit share on this as a development opportunity
Strong tourism trade combined with buoyant local community support
3 Bedroom owner’s accommodation in this gorgeous location
LOCATION (S32 3XO)
The Hope Valley village of Calver lies to the heart of the Peak District National Park which is the most visited national Park in the World. Local tourist “honey pots” include Bakewell, the Market Town (4 miles) famed for Bakewell Puddings (not “tarts”), Chatsworth House (3 miles) home of the Duke and Duchess of Devonshire, Haddon Hall, a medieval and Tudor manor house close to Bakewell, The Village of Eyam (3 miles), infamous as the staring place of the plague, Castleton (8 miles) with Pevril Castle and Matlock the world renowned inland spa “resort”. Follow the A623 into the Village of Calver and the property is located at Low Side to the end of Donkey Lane high on the hill opposite the Village Cricket Grounds.
THIS BUSINESS NEEDS TO BE VIEWED TO FULLY APPRECIATE WHAT IS ON OFFER.
WHAT THE CUSTOMERS SAY.....
“Really nice pub with the best food we had all week on family holiday to Derbyshire. Steak and Ale pie was fantastic. Having Hobgoblin on draught always a bonus too. All the family enjoyed what they ordered”.
“Excellent, well worth a visit” We were made very welcome on our arrival and the property was definitely old & quirky. Great for taking the dog. The area is brilliant for walks and visiting various places of interest. We also ate in the pub and had a lovely meal. Would love to return there again.
Constructed in 1730 by a local wealthy business man, the property is noted as one of the finest within the village. The property is of Local Stone construction over 3 stories and detached. BAR (30+) has low beams and T & G ceiling with some half panelled fixed seating along with chairs and timber tables set on a patterned carpet. CENTRAL BAR SEVERY well-presented of polished timber construction with polished counter top. LOUNGE BAR (24+) furnished to a similar style to the bar area but with high back leather chairs and direct access from the CATERING KITCHEN which are professionally equipped to a high level. CONSERVATORY (18) has panoramic views over the Cricket Grounds along Hope Valley with surrounding hills. The room is carpeted and has matching high back leather chairs to timber polished tables. A great place to observe the changing weather patterns from. WASHROOM well-kept facilities are provided. BEER CELLAR is to the lower ground floor.
Definitely to a high standard over 3 floors with 3 double bedrooms, fitted kitchen, modern bathroom, lounge and private garden. Views from the 3rd floor are to say the least “awesome”.
Offering outstanding views, the cottage is of Derbyshire Stone construction over 3 stories comprising of 3 bedrooms sleeping 6 people @ £85 per night, furnished to a high quality with bathroom and shower, lounge, kitchen providing an excellent letting facility for short stays or weekly / monthly lets. (see the business’s web site for further information). The Shooting Tower of Chatsworth House can be seen on a clear day.
The property has an outstanding terraced patio with amazing views over the villages cricket grounds and along Hope Valley. There is a Boules pitch to the side and a large car park opposite (50+). Access to the business is by way of the terrace or door to the rear. There is a further barn area awaiting development and the owners have a private garage.
We are advised that the business has a Premises licence that allows opening from 11am till 12.30am early week with 1.30am Thursday, Friday & Saturday Our clients opening times are 12 noon till 3pm then 5.30pm till 11pm all week except Saturday & Sunday which sees all day opening 12 noon till 11pm. This allows for plenty of opportunity to open at currently unused hours. A Personal License will be required and our training associates can assist with this for you.
We are instructed to offer the property and business for sale as a lease assignment of a fully renewable (at no further premium) 25-year lease from Punch Taverns commencing Jan 2015 and is just Part Tied and offers discounts on beers. Current rent is an affordable £38,000.
We are advised that the pub benefits from all mains connected and heating by Gas. Business rates are £3,779 payable.
Our Clients are leaving the business due to an unexpected ever growing family having purchased the business through GA-SELECT in 2014. We are advised that sales are based on the latest 2015 figures which show sales of £262,798 inc vat 40% Dry to 60% Wet. The business was closed for a period of circa 6 months for refurbishment hence the drop in revenue and additional expenses which were funded out of revenue. With further focus on building the business, and growth of the Holiday letting accommodation with its potential of an additional £30,000 + to the bottom line, pub, restaurant and function sales; this business could reach even greater sales and subsequent profits providing a return on capital (ROC) in a little over a year with an enhanced RNP . Current Recon Net Profits run to circa £ 65,000 finance, depreciation etc).
WE ADVISE DISCERNING PURCHASING CLIENTS TO SERIOUSLY CONSIDER THIS BUSINESS AND TAKE A LOOK TO APPRECIATE ITS TRUE POTENTIAL AND BENEFITS OF THE LOGISTICALLY BRILLIANT LOCALE.
ACCOUNTS INFORMATION WILL BE MADE AVAILABLE TO INTERESTED PARTIES AFTER VIEWING.
Our panel of financial experts are here to help; call for referrals: 01530 414140.
The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251208.
Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.
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