Public Houses for sale in Chesterfield

View the "The Famous Shoulder (Shoulder of Mutton)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great tool to sell without the huge estate agent fee and a partial refund for a quick sale!  

S. Campbell (April 2016)
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Leasehold Price: £33,000
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Business Description

IMPOSING & UNOPPOSED PROMINENT 16th CENTURY DESTINATION LEASED FREEHOUSE COACH HOUSE LOCATED WITHIN THE AFFLUENT DERBYSHIRE VILLAGE OF HARDSTOFT WITHIN THE PEAK DISTRICT NATIONAL PARK



  • Sales when run by Freeholders until 2008 circa £300,000 inc vat since which run under lease with advised T/O circa £350,000 inc vat spit 50% Food 50% Wet + Guest lettings

  • Same owners above 10 years about to retire and will offer a new lease with a Freehold option

  • Seating 156 by way of Lounge, Snug, Restaurant, with beams, exposed Derbyshire Stone, open fires & “Hunter Mixed Fuel burner”. Function Room (100 occupancy 70c), 4 x AA 4* Guest Rooms en-suite

  • Hard surface lined parking (60) Flagstone paved patio (60+) with timber benches & views over rolling Derbyshire countryside. Smoking solution heated & lit

  • Owners 2 room apartment & shower room/ wc

  • New 10-year lease Fee of All Ties from Private Freeholder


LOCATION (S45 8AF) www.theshoulderathardstoft.co.uk
HARDSTOFT sits on the B6039 and is amongst the affluent villages of The Derbyshire Peak District National Park. The village itself is a settlement village with this pub, a garden centre and several local shops & schools within the vicinity. National Trust Elizabethan Country House, HARDWICK HALL lies 4 miles away with Bolsover Castle, Chatsworth House & Estate, Haddon Hall & the Famous Heights of Abraham. World renowned Matlock is just 13 miles. The bustling Historic Market Town of Chesterfield 6-mile distance and benefits from easy links to M1(J29-under 10mins), M18, A1, A38 & A52. Airports at East Midlands & Sheffield and close by, main line Rail connections add to the potential & viability of this well-known Historic Coaching Inn.


PROPERTY DESCRIPTION
This most appealing & attractive attached 16th Century Coaching House property is mainly of Derbyshire Stone construction under pitched mixed slate & tiled roofs. The business was fully refurbished by the former Lessee at a cost of £200,000 in 2011 with the freeholder investing approx. a similar amount since their return Early 2017.From its large carpark enter into the diverse contemporary yet traditionally furbished trading areas including the Restaurant & casual dining areas (78c) and Lounge Bar (50+) with a CENTRAL BAR SERVERY has an arrangement of Real Ale pulls & Bright Beer pumps. Glass fronted refrigeration is set behind the bar along with glass wash facilities. Well-presented throughout with a mix of classic & modern furnishings set on varied floor coverings of oak, tiles & carpeting with a pleasing open fire and further feature ‘Mixed fuel Hunter style’ burner. Function Room has its own entrance & Bar. CLOAKROOM facilities included Ladies, Gents & Disabled. The CATERING KITCHEN is fully equipped with COMMERCIAL S/S units including a new Convection Oven, walk in fridge & separate pot wash leading off. BEER CELLAR is set below ground. There is CCTV throughout.


GUEST LETTING ROOMS
The business has 4 x AA 4Star rated Guest rooms to a good standard of comfort comprising of 3 Doubles & 1 Family room, all En-Suite with full beverage, WI-FI, HDTVs and separate entrance.


WHAT THE CUSTOMERS SAY
“Outstanding food, great prices”.
A friend and I nipped in here for a late 3pm lunch on a Sunday. Quite the best carver I've ever had, seriously good. That and an orange juice a shade over 11 quid - I'll be going again. Good service too.


EXTERNALS
To its front elevation with strong “curb appeal” from the B6039 on a prominent T junction. To the front is a spacious flagstone patio (60+) with timber benches and rolling countryside views. A heated lit smoker’s solution is provided. Hard surface lined car parking (60).


OWNERS ACCOMMODATION
Located to the 1st floor the apartment comprises of a double bed room & single bed or sitting room along with shower room & w/c.


PREMISES LICENSES
We are advised that the business has a Premises licence that allows opening 8am till 2.30am All week however has been trading 12noon till 11pm all week. This allows plenty of opportunity to develop sales to a new level. A Personal Licence will be required and our training associates can assist with this.


TENURE
We are instructed to offer the business by way of a NEW Free of Tie lease of 10 years with an initial rent of £37,000 p.a (inc property insurance) on a 3-year review cycle. The lease will be fully renewable subject to Landlord & Tenant act (54) conditions at no further premium and under no less favourable terms (will remain a Free House). Property repairs will be under taken by the freeholder’s contractors and charged where appropriate. Lessee responsible for trade F&F. The FREEHOLD will be made optional by independent valuations less the initial premium.


SERVICES
We are advised that the business benefits from LPG cooking 7 heating with connected Electric, Sewage, Water. Business rates payable are advised as £8,000 p.a. (to be confirmed).


THE BUSINESS
The property has been owned by our clients for over 10 years having been run by family members until 2008 with accounts up to then showing Gross Sales circa £300,000 however due to other business commitments it was decided to lease out the business and we are led to understand that sales over this period were running at circa £350,000 (no accounts available due to being let as a lease therefore offered without goodwill) on a 50% Wet 50% Food plus Guest letting. The true potential of this business has yet to be fully realised however we would expect such a business to achieve well above £500,000 p.a. with focus on the lucrative events market including local weddings along with the provision of food all day and taking advantage of the early & late hours currently available but unused could well see this business trading around £ ¾ Million marker.


THIS IS WITHOUT DOUBT A TRULY EXCEPTIONAL BUSINESS ALTOGETHER A REMARKABLE OPPORTUNITY FOR A NEW ENTHUSED OWNER ENERGISED TO TAKE TO ITS NEXT LEVEL.


To secure this business a Non-Refundable deposit of £5,000 will give you exclusivity on this business giving you a lock-out agreement with no further viewings or marketing taking place.


Our finance associates will be pleased to advise and assist in the purchase of this outstanding business.


The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208.


Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.

Tenure: Leasehold

Listed by: GA Select
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