19th Century Village Inn In Sought After Location Of Kirk Langley For Sale

Business description

A TRULY DELIGHTFUL TOP QUALITY 19TH CENTURY VILLAGE INN SITUATED WITHIN THE AFFLUENT AND SOUGHT AFTER LOCATION OF KIRK LANGLEY, DERBYSHIRE




Prominent and attractive property in the affluent and sought after village of Kirk Langley, Derbyshire.
Characterful Lounge Bar (45) and Public Bar (30+).
Equipped Commercial Catering Kitchen.
Highly impressive 3 bedroom owners' accommodation.
60% wet and 40% food.
9 years remaining on renewable Punch Taverns lease.
Current sales circa £280,000 (incl.).
Trading on reduced hours.
Busy village inn with a growing reputation with an already well established solid trading foundation.


AN EXCELLENT OPPORTUNITY TO ACQUIRE THIS 1ST CLASS WELL ESTABLISHED BUSINESS AND HOME OFFERING A WONDERFUL QUALITY OF LIFE IN THIS ENVIABLE LOCALE.


ASKING PRICE £95,000 LEASEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL EXCLUDING S.A.V.


LOCATION
This delightful inn is situated in the beautiful county of Derbyshire. Being located in the heart of the village of Kirk Langley this wonderful traditional village inn can be easily reached from junction 24 of the M1 motorway. This village inn is popular with residents because of its friendly nature and its excellent location for commuting both to the main East Midland cities of Derby, Nottingham and Leicester and southwards on the A38 to the West Midlands conurbation. The main Derby to Stoke link road is only minutes away; giving easy access to the M1 and M6. The area surrounding Kirk Langley is mainly farmland, criss-crossed with rivers and canals, offering idyllic walks within minutes of the business. This well established inn is a well used and popular venue for local and commercial trade emanating from the surrounding and affluent villages; and also having an excellent level of passing and repeat trade.

THE PROPERTY

This substantial inn is an attractive and highly impressive detached 2-storey property of brick construction under a pitched, tiled roof occupying a superb prominent position. Main entrance at the front leading into the lobby with access to the Lounge Bar.



Lounge Bar (circa 45) is a good sized traditional and characterful room exuding a warm and inviting ambience throughout. Having a feature return bar servery with a solid polished counter and a matching mirrored back fitting with a range of trade optics and refrigerated bottle coolers (not tested). This is complimented by a mix of loose polished tables and a mix of leather upholstered chairs and upholstered armchairs. There is an attractive feature brick built fireplace with an inset coal effect gas fire, exposed beamed ceiling and exposed brickwork adding a warm and inviting aspect to the charm of this lounge bar. Access through to the W.C’s and rear lobby and Public Bar.



Public Bar (circa 30+) is a cosy and inviting room having a feature return bar servery with a solid polished counter and a matching back fitting with a range of trade optics and refrigerated bottle coolers (not tested). This is complimented by the fixed upholstered perimeter seating with loose polished tables and a upholstered stools. There is also a feature brick built fireplace with an inset coal effect gas fire, exposed beamed ceiling, part panelled walls and a tiled floor contributing to the ambience.

Ladies, Gents and Disabled W.C’s.

Ground Floor Cellar with barrel delivery access, python, pumps, racks and cooler.

Catering facilities include a compact equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested).

OWNER'S ACCOMMODATION

Situated on the 1st floor, presented in excellent decorative order throughout and briefly comprises: 3 good sized bedrooms, lounge/kitchen, office and bathroom.

EXTERNAL

There is a good sized enclosed lawned beer garden at the rear with timber benches/seating and a covered Designated Smoking Area. Patron’s car parking facilities with lined space for circa 60 cars.

TRADING AND LICENSING

We are advised that the inn trades with the benefit of a Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday - Wednesday 11.00am - 11.00pm

Thursday - Sunday 11.00am - Midnight

The current trading hours are as follows:

Monday - Saturday 11.00am - 3.00pm and 6.00pm - 11.00pm

Sunday Midday - 10.30pm

NB Important: Prospective purchasers should ensure that they gain the NCPLH Qualification in readiness for their intended operation of licensed premises. Guy Simmonds hold this 1 Day NCPLH Course every 2 weeks. Please telephone us to reserve your place or browse the training section of this site.

GENERAL REMARKS

We are advised that the inn benefits from all mains services and uses gas central heating (no services seen or tested). The business is offered for sale as a lease assignment with approximately 9 years remaining of the original Punch Taverns full repairing and insuring, renewable agreement. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium - subject to the provision of the Landlord & Tenant Act 1954. Business rates payable are to be advised. Rent is currently £52,000 per annum reviewed in 2012.

THE BUSINESS

This delightful inn is currently run by our vendor client on a full time basis with the assistance of a full time chef and 8 part time members of staff. Due to personal circumstances our vendor client has reluctantly decided to sell this excellent business. This charming inn is a successful business with the current owner having established a solid trading foundation yet still offers new enthusiastic entrepreneurial owner operators plenty of scope to increase upon the sales. Current sales are circa £280,000 (incl.). Trade split is circa 60% wet and 40% food. In our opinion there is massive potential to increase the sales by simply increasing the trading hours and also expanding on the food side of the business and would expect new fully focussed enthusiastic full time owner operators to achieve a turnover in excess of £325,000.

The asking price reflects the location and quality of fixtures and fittings.

Accounting information will be made available to interested parties after viewing.

Property information

Property:

Leasehold