Excellent Public House | | Buxton Derbyshire | | EXCELLENT PUBLIC HOUSE - DERBYSHIRE Annual rent of £27,560 with owners' accommodation Advised annual turnover of £200,000 with 51% GP | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64008
ADVERT IMPRESSIONS : 17,450 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £49,500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT PUBLIC HOUSE - DERBYSHIRE
Annual rent of £27,560 with owners' accommodation
Advised annual turnover of £200,000 with 51% GP
Situated in a superb village in Derbyshire
Early viewing highly recommended
Scope for further development
Prominent trading position
LEASEHOLD
Location
This outstanding public house enjoys an ideal trading position located in the middle of two major roads, which makes this business highly visible to passing traffic and pedestrians. It stands in the village of Burbage which is a part of Buxton, Derbyshire. Buxton is a spa town and has the highest elevation of any market town in England. Located close to the county boundary with Cheshire to the West and Staffordshire to the South, Buxton is described as "the gateway to the Peak District National Park". Buxton is within the sphere of influence of Greater Manchester due to its close proximity to the area. The business has strong road links to the rest of the UK, the M60 circular is just a short drive away.
Business History
Meridian Business Sales are delighted to offer to the market this superb public house which has a long and proud history and has been in the capable hands of our client for several years and is only being placed onto the market due to our client having other business interests. Since owning this excellent opportunity our client has built up an outstanding reputation within the area and always sees high numbers of repeat trade and new custom from the ideal trading location. We are advised of an annual turnover of £200,000 with good profit margins, this is derived from the selling of fine beers and wines, with the added bonus of bar food and also specialising in a Thai menu. Our client is being generous enough to include all fixtures and fittings in with the sale price, this is a huge benefit to any new buyer and means that there will be no additional funds needed. The business lies at the heart of the community and is well liked by locals and passing trade alike. This is an outstanding opportunity to purchase a thriving business with great potential to increase on turnover and as such early viewing is highly recommended as this business is not to be missed.
Financial Profile
Turnover: £200,000pa
Stock approximately: £4,000
Tenure
Leasehold
Original length: 10 years
Remaining: 4½ years
Review: 2015
Rent: £530pw
Opening Hours
Monday: 12:00pm - 11:00pm
Tuesday: 12:00pm - 11:00pm
Wednesday: 12:00pm - 11:00pm
Thursday: 12:00pm - 12:00am
Friday: 12:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 10:30pm
Accommodation
Outstanding detached public house on an excellent corner main road location presented to the highest of standards with spacious 3 bedroom owners' accommodation, briefly comprising:
GROUND FLOOR - Secure entrance from private car park leading to main lounge area, beautifully presented and carpeted throughout with fixed and additional seating with approximately 36+ cover dining facilities, 2 x feature fireplaces, bar area with under counter beer and wine chillers, beer dispense pumps with additional soft drinks pump.
GAMES ROOM - Large spacious room with central pool table, wall mounted flat screen television, bar area with beer dispensers and wall mounted dart board.
Fully fitted kitchen with walk through to additional storage pantry. Access to first floor owners' private accommodation. Ladies, gents and disabled toilet facilities with further access to rear yard area. Off hall access to cellar.
FIRST FLOOR - Fully fitted kitchen with small staircase leading to, 3x double bedrooms, spacious lounge and family bathroom.
ADDITIONAL FLOOR - Well presented cellar area.
EXTERNAL - Car park for 10 vehicles to front of property, private beer garden with 18 covers and a separate private rear yard. | | | | | | FOR SALE | | | | | REFERENCE: | 2619 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
