The Spread Eagle is one of the oldest pubs in Chesterfield and is in a great high street location. The pub is strongly supported by pub teams and local groups.
TRADING AREA AND PRIVATE ACCOMMODATION
The Spread Eagle is a single room operation which is split into two distinct trading areas by a central servery which is refurbished to a high standard. The décor and fixtures throughout the pub are traditional keeping it in line with the history of the pub. The trading area benefits from upholstered, fixed seating and the main trade bar has a pool table, dart run and TV which is utilised for live sports. Outside is a small enclosed patio area with benches and a car park for around 20 spaces.
The private accommodation consists of three bedrooms, a bathroom, a kitchen and a living room. The kitchen in the flat could potentially be used to offer a small pub menu.
LOCAL AREA AND CUSTOMER BASE
The Spread Eagle is situated on one of the main streets in the centre of the historic town of Chesterfield in Derbyshire. The town is located on the A61, 6 miles from the M1 and has all the local amenities required. Chesterfield has a large population including a good number of students and is home to the famous Crooked Spire, weekly Chesterfield Market and Chesterfield Museum.
The pub currently attracts the local community, with many familiar faces visiting the pub. There is strong base of pub teams that utilise the site along with numerous community groups. The weekly karaoke, discos and other entertainment are extremely popular. The Spread Eagle has no food offer at present but there is potential to introduce this to increase sales and expand the customer base. The pub offers cask ale and this differentiates it from the competition.
The Spread Eagle is currently trading at under £1,000 per week but over the last year this has averaged at £1,900 per week. The pub has a base of loyal regulars which can be built on and a small food offer would attract more daytime trade and expand the customer base. The successful candidate would have experience of attracting teams for pool and football and other social events.
In light of this the new operator will need to be able to maintain the existing customer base while exploring options to attract new groups of people. Local knowledge along with food and cask ale experience would be beneficial. Great standards and a high level of professionalism are important.
Why choose a Foundation Agreement?
•A five year, rent free agreement
•Retailer retains 30% of total weekly wet turnover
•Retailer can introduce their own food offer and retains all income from food sales
•Shared responsibility for utilities and any repairs
•Service charge contribution applies
•Optional decorating fund contribution
•A £5,000 security deposit and £360 legal fees apply
•You will be required to obtain independent advice from a qualified accountant, RICS qualified surveyor and qualified solicitor at your own cost
Busy B road frontageSingle trading roomRear garden / outbuildings / parkingRental income of £2,600 per annu...More Details
OVERVIEW The Boot and Shoe is a wet only pub which is driven by sports and teams. The pub is in great cond...More Details
Robust Sales of £493,888 p.a. split 40% Wet 40% Dry 20% Guest letting, resulting is a 62% GP of &poun...More Details