Pubs for sale in Chesterfield

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S Martin (Feb 2013)
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Leasehold Price: £16,000
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Business Description
• The Cock & Magpie is a well presented community pub situated in a residential setting in the heart of Old Whittington.
• The Cock & Magpie is a three room pub allowing the delivery of a diverse offer, with over 70 covers. The tap room accommodates a pool table and the separate bar area allows for separation of diners and drinkers.
• The pub sits next to the revolution house museum and is only five minutes away from the historical town of Chesterfield with good links to Derbyshire and Sheffield.
• The pub is popular with daytime drinkers and dogs are welcome. The pub attracts a higher proportion of diners to drinkers during the evenings & weekends.
• The pub is currently trading at £5,000 per week (70% dry/30% wet). With a good operator the business will flourish, and this site would make an ideal starter pub or an additional site for a multiple operator looking to expand their business.
• The private accommodation has three large double rooms with a family sized bathroom, large lounge & Kitchen and is decorated to a good standard.
Pathway
Fully Tied
Rent: £33,000
Barrelage Discount £50
Fair Maintainable Turnover* £431,769
Ingoing Total Costs: £16,000
___________

Working Capital: £5,000
Training Fee: £490 to £750 + vat depending on experience and qualifications
Security Deposit: £8,250
Stock and Glassware: £2,000

Ongoing Costs:

Service Charge: £1,350
Decorating Fund: £2,000
Insurance: £520.00
*Figures taken from Marston's rent assessment
Tenure: Leasehold

Listed by: Marstons
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