| | | 9405DE EXCEPTIONAL PUBLIC HOUSE L/H £165,000 DERBYSHIRE | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 10,254 TIME(S)
BUSINESS REFERENCE : 9405DE / RightBiz | | | | | | DERBYSHIRE EXCEPTIONAL PUBLIC HOUSE -Est 1864 50/50 Wet/Dry Split - 50 covers Promotional evenings and live music nights held W/T: £10,000 GP: 55% Fully staffed, 2 bed living acc L/H: £165,000 +SAV REF: 9405DE | | | BUSINESS LOCATION: | Undisclosed Derbyshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £165000 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Our client is located in an idyllic rural setting just off the A517, half way between Ashbourne and Belper in Derbyshire.
The business is regularly visited by tourists and is a favourite for locals as well.
THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this exceptional public house, which was built in the 1800’s and has been trading since 1864.
It has a loyal following and during its history has had only 5 different owners.
The current vendor has been in ownership for the last 10 years and has now decided to sell as he wishes to enjoy his semi retirement.
The public house is an ideal venue for both excellent food and casqued marque beers. Wet and dry sales both account for 50% each of the weekly take. Whilst wet sales are a gross margin of 48% and dry sales gross margin is 62%.
There are approximately 50 dining covers and parking for up to 40 cars and a good sized beer garden.
The building was refurbished in 2003 retaining many of its original characteristics and charm.
The atmosphere is warm, friendly and thoroughly enjoyable.
There is a wide range of sporting memorabilia as well as excellent views across the Ecclesborne Valley.
Meals are served daily and to guarantee seating, customers need to book in advance.
Special promotions take place on Monday evenings with curry nights on a Tuesday and home cooked food on Wednesdays, which prove extremely popular. Sunday night is quiz night whilst once a month there is live music which is also very popular.
The venue has two teams currently playing in the Ashbourne league on Wednesday evenings, as well as a domino team in division 1 o the Ashbourne league.
REF: 9405DE
STAFF DETAILS
The business is run by the owner on a full time basis with two full time chefs and one full time bar manager. There is an additional 30 part time staff all working various hours to provide coverage.
TRADING HOURS
Mon-Sun: 12 - 12
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £10,000
Gross Profit: 55%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A large site briefly consisting of:
Ground Floor
• Entrance to main bar
• Dining area to left with 50 covers leading to a rear patio area (external)
• To right of main bar, cosy snug area leading to w/c’s and external glass screened smoking area
First Floor
• 2 bed living accommodation with living room and bathroom facilities
External
• Beer garden that could be converted to a children’s play area
TENURE: Leasehold - Marstons
Original lease: 21 years
Remaining lease: 18.5 years
Review every: TBC
Rent: £32,000
We are advised that the annual business rates are currently: TBC | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9405DE / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
