A Distinctive And Highly Desirable Inn For Sale

Business description

A DISTINCTIVE AND HIGHLY DESIRABLE INN SITUATED IN THE BUSTLING TOWN OF HASLAND (CLOSE TO CHESTERFIELD), DERBYSHIRE AT THE GATEWAY TO THE PEAK DISTRICT NATIONAL PARK




Prominent and substantial community inn situated in Hasland, close to the Peak District National Park.
Good sized traditional Lounge Bar (45+), Public Bar (40+), Snug (25+), Function Room (50+).
Excellent 4 bedroomed owner's accommodation.
Fully equipped Commercial Catering Kitchen.
2 and a quarter years remaining on renewable Punch Taverns lease.
Sales for Y/E March 07 circa £320,000 (incl.).
100% wet. Undoubted potential with a fully equipped Commercial Catering Kitchen.


AN EXCELLENT OPPORTUNITY TO PURCHASE THIS WELL ESTABLISHED BUSINESS AND HOME WITH MASSIVE POTENTIAL AND A WONDERFUL QUALITY OF LIFE IN THIS SUPERB LOCALE.


ASKING PRICE £49,950 LEASEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL EXCLUDING S.A.V.


LOCATION
This delightful and popular community inn is situated in Hasland in the beautiful county of Derbyshire, close to the ever popular Peak District National Park. This charming and popular inn can be easily reached from junction 29 of the M1 motorway. This superb inn is situated in the beautiful unspoilt and historic county of Derbyshire close to the wondrous Peak District, which offers a mixture of unspoilt rolling countryside, riverside towns and picturesque villages. This charming and characterful inn is well used and a popular venue for local and commercial trade emanating from the surrounding and affluent catchment areas, and also having an excellent level of passing trade from visitors coming from afar to this popular region. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY

Occupying a prominent position this superb inn is an attractive and impressive property. A substantial 2-storey detached brick built structure under a pitched, tiled roof. Main entrance at the front which leads into the lobby with access into the Lounge Bar.



Lounge Bar (circa 60) is a good sized characterful and traditional room which exudes charm and has a warm and relaxing atmosphere. Having a return bar servery with a polished counter and a matching back fitting with a full range of trade optics and refrigerated bottle coolers (not tested) which is complimented by the fixed upholstered perimeter seating with loose polished tables and upholstered stools. There is a feature fireplace with an inset coal effect gas fire; there is also a projector and screen, a juke box and a TV. Access to the Public Bar, Snug, Function Room and W.C's.

Snug (circa 25+) is a cosy room having fixed perimeter seating with loose polished tables and upholstered stools. There is a feature brick built fireplace with an inset coal effect gas fire and a beamed ceiling.



Public Bar (40+) is a good sized atmospheric room with a feature return bar servery with a solid polished marble counter and a mirrored back fitting and refrigerated bottle coolers (not tested) which is complimented by the fixed upholstered perimeter seating with loose polished tables and upholstered stools. There is a pool table with lighting over, a projector and screen, a digital juke box, a darts throw and AWP's x2.

Function Room (circa 50+) is a good sized room having a feature return bar servery with a solid polished marble counter and a matching back fitting which is complimented by the loose polished tables and upholstered chairs. There is also a dance floor area. Access to its own W.C's.

Ladies, Gents and Disabled W.C's x 2 sets.

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

Lower Ground Floor Cellar with dray drop, cooler, pumps, tilt racks and pythons x2.

OWNER'S ACCOMMODATION

Situated on the first floor and briefly comprises: 4 bedrooms, lounge, kitchen, office, bathroom and separate W.C.

EXTERNAL

Patron’s car parking facilities for circa 10 cars. There is a private courtyard at the rear for the owners. There is also a Designated Smoking Area with timber benches/seating.

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:

Mon - Thurs - 10.00am - 01.00am

Fri and Sat - 10.00am - 03.00am

Sunday - Midday - 01.00am

The current trading hours are as follows:

Mon - Thurs - Midday - 01.00am

Fri and Sat - Midday - 01.30am

Sunday - Midday - Midnight

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 2 and a quarter 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. Rent is currently £34,000 per annum reviewed in 2010. Business rates payable are to be advised.

THE BUSINESS

This superb inn is operated by our vendor clients as a husband and wife team on a full time basis with the assistance of 4 part time members of staff. Our vendor clients, in situ for the past 6 years have decided to retire in order to take life at a more leisurely pace; hence the instructions to sell this highly successful and profitable business. Sales for Y/E 31st March 2007 are circa £320,000 (incl.). Trade split is currently derived from 100% wet sales. Our vendor clients have established an excellent reputation and a solid trading foundation which can be fully emulated by new enthusiastic operators and would quite easily expect to achieve a turnover well in excess of £350,000.

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

Contact the seller