Award Winning Easy To Run Traditional Locals Pub For Sale

Business description

SMASHING HIGHLY PROFITABLE AWARD WINNING EASY TO RUN TRADITIONAL LOCALS PUB LOCATED ON MAIN ROAD TO CHATSWORTH & DERBYSHIRE PEAKS WITHIN TOWNSHIP OF BRAMPTON.


> Excellent trading foundation of £291,000 – 100% Wet (no machines) – undoubted food potential – above £52,000 disposable net profits – 20% yield
> Beamed cosy “tap room” (20+) – Period friendly Lounge bar with welcoming open fire(40+)
> Super family beer garden (100+) – front patio (20+) + smokers solution off bar
> Comfortable 3 bed owners accommodation.
> Sits “pretty” on main road amongst established residential homes and local businesses
> Lease fully landlord and tenant protected fully renewable at no further cost – “easy” rent.


TICKING ALL THE BOX’S THIS RARE TRADTIONAL PUB IS OFFERED BY WAY OF A LEASE ASSIGNMENT AT £76,000 TO INCLUDE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V.

“Back page”
LOCATION (S40 3BQ)
Chesterfield is a popular historic market town famous for it’s “crooked spire” church which stands like a beacon over the town centre. It is noted for being a “gateway” town to the Derbyshire Peak District and Dales with the National Park being the most visited National Park in the world. Other local attractions such as CHATSWORTH HOUSE are also close by. Today the town is under going a period of “renaissance” with a major injection of capital from the Domestic Government and EU funding. This most exceptional pub sits on the CHATSWORTH ROAD within the township of BRAMPTON to the outskirts of Chesterfield amongst Victorian cottages and local business’s which provide a strong client base for the pub which is also popular and award winning with CAMRA as Derbyshire Pub of the Year and Pub of the Season no less than 3 times. The pub has also gained recognition within “Chesterfield in bloom”. A most cherished public house indeed.


PROPERTY DESCRIPTION
The pub is of brick construction under pitched roofs and has a pleasing traditional half timbered black & white frontage with imposing pub sign. THE TAP ROOM (20+ standing) is fully carpeted and has an inlaid stone fireplace to one end. Perimeter seating with loose chairs and polished tables, lots of interesting bric a brac, to timbered beamed walls with light bearing windows provide a cosy atmosphere to relax with like minded friends and enjoy the well kept, award winning real ales from craft brewers from all over the country. LOUNGE BAR (40+) has a fitted patterned carpet and fixed perimeter seating along with stools and chairs set in front of an open fire providing a “cheery” welcome during less favourable months. Beamed ceilings and half timbered walls with lots of artefacts sets the scene for a comfortable exchange of views and opinions within the regular clientele of the pub. CENTRAL BAR SERVERY has a full range of REAL ALE WICKETS and Bright Beer pumps, high stools are set to its front. BEER CELLAR is set deep and is fully chilled and suitable for keeping real ales. TOILETS, both Ladies & Gents are available from the lounge and via the garden area. KITCHEN, a suitable area is available to the ground floor should a new owner wish to introduce catering to the business.



OWNERS ACCOMMODATION
The owner’s accommodation comprises of 3 bedrooms, office, lounge and family bathroom, the kitchen is to the ground floor.


EXTERNALS
Without doubt a “jewel in the crown” is the external public areas of this pub. To its front elevation there are timber picnic benches set within a railed patio, most popular to see and be seen! To the rear, a roofed area used as a “smokers solution” and a most super family friendly beer garden (100+) with timber tables, space heating, play equipment, along with vehicle access.


PREMISES LICENSES
The premises currently open for business from 12 noon until 11pm all week and is easily handled by one person leading up to the evening session. The premises license allows openings from 10am till 11pm with 12 midnight Friday & Saturday. A personal licence will be required and our training associates would be only too pleased to assist in this matter.


TENURE

We are instructed by our clients to offer the business for sale by way of assignment of a 5 year protected and fully renewable at no further cost, lease from April 2006 – (a new longer lease may be made available if so required) – current rent is an affordable and realistic £16,500 pa.


SERVICES
We are advised that the pub benefits from all main services electric, water, mains sewage and has GAS central heating. The business rates are £2,217 per annum.

THE BUSINESS
Our clients have run this successful business since 2002 and are only assigning the lease due to genuine health reasons. Strong accounts are available for y/e April 2007 which show sales of £291,000 inc vat and 2008 is expected to be similar. Sales are 100% Wet driven and without any machine income. Disposable Net Profits are circa £52,000 pa (£1,000 per week) having lived free out of the business. Without doubt extra income is available from the addition of machines and food (not needed unless within a new chosen business plan as the business is extremely profitable “as is” providing a yield of 20% profit to sales). Food & machines could add around £75,000 to sales providing with the same yield profits of £63,000.


WE SUGGEST LOOKING AT THIS BUSINESS AS EARLY AS POSSIBLE DUE TO ITS PROFITABILITY AND STRENGTH OF RETURN ON INVESTMENT

Property information

Property:

Leasehold