Pubs for sale in Buxton

View the "LEASED PARTNERS OPPORTUNITY - Old Sun (90879)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
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Leasehold Price: Price on Application
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Business Description
Overview

• Situated in the beautiful and famous spa town of Buxton, the Old Sun is set back from the main road and is a traditional coaching inn with many original features. With real oak and stone floors, panelled walls and rustic furniture this is an ideal place to relax and unwind.
• The trading area is full of segregated but not enclosed areas, probably best described as full of “nooks and crannies”. To the front of the pub there is a good sized patio which benefits from the sun all day. The pub has recently undergone a refurbishment and is very well presented.
• There is an opportunity to grow trade through a good food offering and would ideally suit an experienced food operator with knowledge of cask ales. They would need to integrate into the community and appeal to locals through the winder period and also attract tourists through the summer months.
• The private accommodation consists of 4 double bedrooms, lounge, kitchen, 2 bathrooms and 3 toilets.

Agreement

Fully tied
Barrelage Discount £50
Fair Maintainable Turnover* £369,979 p.a.

Ingoing Costs**** £18,047.50

Working Capital £5,000
Training Fee £550 + VAT
Security Deposit £8,937.50
Stock and Glassware £3,000
Legal fees £360 + VAT*

Initial Contractual Costs **
Rent £35,750 p.a.
Service charge £1,350 p.a.
Decorating fund £2,000 p.a.
Insurance £1,135 p.a.

Once you’ve agreed the purchase terms for the fixtures and fittings you will not be charged for any additional ingoing costs by Marston’s, other than those detailed above.
*Figure taken from Marston’s rent assessment
**The ongoing contractual costs will vary in accordance with the terms of the specific agreement.

****You will also need to obtain independent advice from a qualified accountant, a RICS qualified surveyor and a qualified solicitor at your own cost
Tenure: Leasehold

Listed by: Marstons
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