• The Peacock Hotel is a well-established, distinctively large and imposing destination pub with historical interest.
• The pubs trading area is presented to a very high contemporary standard and is made up of a formal dining area and is serviced by a good sized bar. The pub also benefits from a good sized trading commercial kitchen, large car park and outdoor seating areas.
• The site current attracts residents from the surrounding area and is popular with the local community.
• The pub is situated in a semi-rural area and is within close driving distance to the peak district.
• The Peacock Hotel boasts a four bedroomed accommodation.
• The site is currently trading at £12,000 per week with a 30/70 wet/dry split. The pub could look to develop its customer base from the tourist trade and increase its proportion of family trade.
Barrelage Discount £50
Fair Maintainable Turnover* £646,000 p.a.
Working Capital £50
Training Fee £550+VAT
Security Deposit £12,250
Stock and Glassware £6,000
Legal fees £360+VAT**
Initial Contractual Costs ***
Rent £49,000 p.a.
Service charge £1,350 p.a.
Decorating fund £2,000 p.a.
Insurance £520 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
**An estimated figure and subject to completion within 8 weeks
***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
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