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Real Ale Public House In Derbyshire

Glossop Derbyshire
Public House Glossop, Derbyshire T/O: £234,000 GP: 45% Run at pace to suit Close to town centre Real ale pub 3 x unused letting rooms Excellent opportunity
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 55784
ADVERT IMPRESSIONS : 25,778 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

LEASEHOLD:

£64,950

ANNUAL RENT:

£22200
 

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BUSINESS DETAILS:

Location
The Star Inn occupies a prominent corner trading location next to the railway station in Glossop, Derbyshire. The pub is surrounded by a mixture of residential and commercial properties from which it draws much trade. The three storey property boasts its own car park with space for approximately 7 vehicles and ample public car parking in the area. The business is located close to the heart of the town and has easy access to the A57, which leads to the M67, approximately 4 miles to the west giving good access to Manchester city centre, 12 miles away. The town of Glossop lies on the edge of the Peak District National Park and is a desirable place in which to live and work.

Business History
Preferred Commercial is delighted to offer for sale this popular public house, which was established in 1837 and has been in our clients' hands since 2003. The business is only now being placed on the market due to a change in our clients' family circumstances. The business enjoys an excellent reputation, boasting inclusions in the CAMRA Good Beer Guide for 6 years running and is Cask Marque accredited. The Star Inn is the only Punch Taverns Finest Cask Real Ale Pub in the locale and draws customers from a wide area. At present the business is run at a pace to suit out client and generates a turnover in the region of £234,000 per annum with a gross profit of 45% derived from 100% wet sales. The premises also boast three letting rooms, which are currently unused. We feel this represents an ideal opportunity to acquire a popular traditional public house in such a desirable location and with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £234,000 approx.
GP: 45%
Run at a pace to suit

Opening Hours
Mon - Tues: 4.00pm - 11.00pm
Wed - Thurs: 2.00pm - 11.00pm
Fri: 2.00pm - 12.00am
Sat: 12.00pm - 12.00am
Sun: 12.00pm - 10.30pm

Licenced Hours:
Mon - Wed: 11.00am - 11.00pm
Thurs - Sat: 11.00am - 12.00am
Sun: 11.00am - 10.30pm


Accommodation Details
Impressive corner position 3-storey stone built public house offering owners' accommodation and three letting rooms. Briefly comprising:

Ground Floor
• Vault room with traditional English pub feel, tiled floor, perimeter wooden seats, wooden tables and chairs, games machine and bar servery
• Main lounge with part wood and part tiled floor, perimeter seating, feature fireplace, TV, wood panelled walls, wooden bar servery with 11 points of dispense including 6 real ale pumps, 2 x bottle chillers, electronic cash register, glass washer and optics display
• Ladies WC
• Gents WC
• Ground floor cellar fitted and equipped to suit

First Floor
Owners' accommodation with gas central heating and double glazing:
• Lounge/dining room
• Kitchen with a range of fitted wall and base units
• 2 x large double bedrooms
• Bathroom with tiled floor, shower, WC and wash basin

Second Floor
Letting accommodation:
• Single bedroom with shared bathroom
• Twin bedroom with en-suite shower, WC and wash basin
• Double bedroom with en-suite shower, WC and wash basin

External
• Car park to side with space for 7 vehicles

Tenure
Leasehold:
Original length:10 years
Remaining: 5 years
Review: every 5 years, next review May 2016
Rent: £22,200 per annum
   
  FOR SALE
   

REFERENCE:

2074 / RightBiz
   
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