PRETTY 1747 PUB IN WEALTHY GATEWAY TO THE PEAKS VILLAGE

Price:

Leasehold - £49,950

Seller Ref:

G4829L

Location:

Derbyshire

Business Type:

Pubs

See Other:

Public houses for sale in Derbyshire
Pubs for sale in Derbyshire

Description:

THE BUSINESS:

Historic sales circa £400,000 split 70%Dry to 30% Wet - 200 barrrels Snug (20) Tap (20) Bar (10) Restaurant (35c) with open fires and exposed stoneworks Covered dining patio (60c) Grassed area (40) overlooking village playing fields parking (40) Ideal for families good schools great place to live Owners 2 bedroom accommodation with private access 21 year protected lease with beer discounts LOCATION (S42 7EW) 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 childrens 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. PROPERTY DESCRIPTION The property dates back to 1747 and is completely detached and constructed of local Derbyshire Stone under a pitched tiled roof. The property is fully carpeted with a mix of fixed pews and bench seating along with assorted chairs and dark wood polished tables and has open fires and exposed stone walls through its Snug(20) Tap Room(20) Bar(10) and Restaurant (35c). CENTRAL BAR SERVERY is well placed to provide a service to all the trading areas. CATERING KITCHENS are modern and up to date. BEER CELLAR to the ground floor and fully chilled. LADIES & GENTS are internal and of a good standard. OWNERS ACCOMMODATION Owners private living accommodation comprises of 2 good bedrooms, Living Room. Office, family bathroom, kitchen and has a private entrance. EXTERNALS As a jewel in the crown from the bar area or restaurant a large slab based covered patio (60c) used for casual dining and drinking and is furnished with substantial light timber tables and chairs. A further area is to the side of the car park(40) with wooden picnic benches(20) and overlooks the village playing fields with fixed play equipment which is owned and maintained by the Parish Council. To the front is a further area popular with walkers. PREMISES LICENSES We are advised that the business has a Premises licence that allows opening from 11am through 1am all week with actual openings of 11.30am till close. 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 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. SERVICES We are advised that the pub benefits from all mains connected with central heating by way of gas. Business rates payable of £13,000 p.a. THE BUSINESS 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. 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.