Public Houses for sale in Derby

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Public Houses and Bars - Public Houses

Derby, Derbyshire, England

  • Freehold Price: £499,000  Price Reduced arrow_drop_down
  • Annual Net Profit: £50,000
Seller Reference: 7726
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 7726
Request Details
Business Description
PRICE REDUCTION The Red Lion is a 17 th Century Coaching Hotel set on the edge the Peak District south of MatlockAvailable as a lease or or free house purchase

Consisting of 6 letting bedrooms, function room (100) ,Main bar, (80),breakfast room (25) and car parking (15) The hotel is in good repair and recently decorated with well furnished bedrooms. Good reviews on trip advisor and benefits from OTA booking systems. Open to part exchange by negotiation. FOT Lease availed by negotiation

- Turnover and trade steady over the past 5 years. With functions and events of setting the accomodation offerings to keep income consistent.
- There are 7 pubs in the area in total which are mostly wet led. There are 2 restaurants.
- This is the only hotel in town offering huge opportunity for those looking to expand offerings for tourists and visitors.
- This is the only pub with a function room - making us a popular choice for local birthdays and celebrations.
- 6 Staff are currently employed.
- New tourism trade hits the town yearly with many ameneties nearby including the ecclesbourne valley heritage railway.
- Huge potential to expand lies with the restaurant, with the opportunity to repurpose the functon room to serve this need. As previously mentioned - with only 2 competitors locally this would stand to perform extremely well.
- Fixtures and Fittings included.
- Assets, Copyrights and Logos included.
- 2 Week handover available by negotiation.

The business is situated in the busy market town of Wirksworth in a central location. Recent planning applications have been lodged to build over 200 houses on a nearby brown field site
Tenure:
Freehold
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