Historic Derbyshire Free House Pub with 8 Rooms & Apartment, Great Location, Strong Business Potential
Newton, Derbyshire
- Status
FOR SALE
- Date Submitted:
06/04/22
- Advert ID
293357
- Freehold: £650,000 (Stock at valuation)
- Turnover: £600,000 (£11,538 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Potential for Alternative Use
- Trade Gardens Available
- Close to Local Amenities
- Retirement Sale
- Unique Business
- With Car Park
- Fully Fitted
- Free of Tie Leasehold
- Owner Financed
- Open Plan Trading Area
Business Details
Free House Pub with 5 lettings room + one self contained apartment & 3 bed self accommodation
Freehouse Pub for sale with multiple lettings and accommodations
The business has been established for over a hundred years. I have owned it for nine years. It is in Newton, Derbyshire, in the heart of England. There are local transport links nearby. There are attractions like the Five Pits Trails, Peak District Matlock and many other attractions nearby. They attract a lot of people to the area.
There is healthy competition with two pubs in the next village. There is ample business for everyone. However, there is scope for expansion as we are only open from four o'clock. You can open earlier and start serving food.
The freehold is for sale at £650,000 or your nearest offer. There are two separate deeds for property no. 80/82, you will receive the deed for both.
We have a gorgeous beer garden, a large detached garage (36ft x 15ft) with an electric fitted door, and a car park for 12. The pub is newly refurbished as it was renovated during the lockdown. All fixtures, fittings and equipment are included in the sale. The stock will be sold at valuation.
The yearly turnover is £600,000. It has been increasing Post- Covid lockdown, which has been improving every week. There are five letting rooms all with ensuites which we listonbooking.com. It is occupied every day.
There is a brand-new, unused self-contained apartment with its own access, with a brand new kitchen and steam shower that will bring extra monthly income. There is also my self-accommodation (a three bedroom).
The current opening hours are four pm - 12 am. The weekend timings are four pm - one am, seven days a week (open). We have a staff of three employees. We have a social media presence on Facebook and Twitter. We are willing to offer training opportunities to the new owners. There is a new manager who is happy to stay on.
The reason behind the sale is retirement.
Get in touch for more information.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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