EXQUISITE MELLOW STONE 17th CENTURY PEAKS COACHING INN

Price:

POA

Seller Ref:

G4785L

Location:

South Yorkshire

Business Type:

Pubs

See Other:

Public houses for sale in South Yorkshire
Pubs for sale in South Yorkshire

Description:

THE BUSINESS:

Sales foundation in excess of £ ½ million split 75% Dry to 25 % Wet + guest accom 160 covers within architectural gem and myriad of characteristic cosy areas 3 en-suite deluxe guest rooms Well presented throughout with good professional kitchens Extensive patios front and rear plus large car park (60) Area of strong historic significance attracting steady stream of visitors Owners 3 bed accom all en-suite LOCATION (S36 4GW) www.mustardpot.co.uk Sitting pretty as a picture in the Little Don Valley within the farming hamlet of Midhopestones in the Parish of Bradfield and the Peak District which attracts in excess of 22 million visitors a year this is noted as an area of outstanding natural beauty and of strong historic significance. Lying just off the A616 Manchester Road and 10 minutes from the M1 the area is a magnet for walkers and those with water born leisure interests and country pursuits. Reservoirs of Underbank , Mimhope and Langset surround the Inn providing a steady stream of visitors to the area and a large customer base for the pub to draw from. The Inn is located on Mortimer Road holding a prominent corner position. PROPERTY DESCRIPTION The property was constructed in the 17th Century out of local mellow stone, it is detached and holds a large footprint. Described as a Gold Standard coaching inn the internals creak with history, cosy spaces and many original features. The property offers approx 160 covers through a diverse range of rooms all presented to a high standard and is a beautifully proportioned business and property of great character. CENTRAL BAR SERVERY is of timber construction with polished counter top. Furnishings are varied providing for every occasion from quality bar food ,through to informal dining and fine dining. BEER CELLAR is to ground level and roll in. CATERING KITCHEN is fully kitted out to a high professional standard including Combi Ovens, Full ranges, Ceramic Hobs, Walk in Freezer and Fridge along with a powerful input and extract system. WASHROOM facilities inc high standard Ladies & Gents and Disabled toilets. GUEST LETTING ROOMS 3 are available all en-suite and unique to each other providing Twin, King size or Double beds and has a private entrance. OWNERS ACCOMMODATION This provides a generous arrangement of Lounge (meeting room) 3 double bedrooms en-suite, fitted kitchen and Jacuzzi bath and shower. EXTERNALS Patios sit to the front and side of the property both well presented with picnic benches, iron tables and chairs sporting fabulous country views over dramatic open spaces, truly exceptional. Parking is available for 60 vehicles. PREMISES LICENSES We are advised that the business has a Premises licence which allows the provision of alcohol from 11am till 1am. Current opening hours are 12 noon till 11pm , 12noon till 9pm Sunday and closed on Mondays. A Personal License will be required and our training associates can assist with this for you. TENURE We are instructed to offer the property and business for sale as a lease assignment of a 20 year lease from Enterprise Inns commencing 2006 with a rent of £51,832 (9% rent to sales) . SERVICES We are advised that the pub benefits from mains electric, water, main sewage and cooking and heating by LPG. Business rates are £11,114 payable THE BUSINESS Our client has owned the business for approx 3 years and is offering the business due to a change of direction hence the give away asking price this has also caused our client to take his eye off the ball. Sales show in excess of £ ½ million on a split of 25% Wet to 75% Dry which seasonably variations of £7,000 p/w low season up to £17,000 p/w high season. The benefit of the letting accommodation has yet to be shown within the accounts. Taking the afore mentioned into account along with using available hours currently not used and a refocused operator possibly also extending the availability of the food offer then it would be feasible to uplift sales by 20%. MISS THIS ONE AND REGRET IT A KNOCK DOWN PRICE FOR A SUBSTAINTIAL QUALITY BUSINESS AND SOUND WAY OF LIFE. Accounts information will be made available to interested parties after viewing. Our finance associates will be pleased to advise and assist in the purchase of this outstanding business. The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208. 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.