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Unique Landmark Leisure Retail / Catering Business For Sale

West Hallam, Derbyshire, UK
Asking Price:
£1,850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£1,500,000
Cash Flow:
£300,000

- A very well-established & trusted brand & business
- A 20% return on your investment
- Stylish, smart & recently refurbished
- An excellent team in place
- Freehold in an area of strongly rising property values
- Perfect 'life change' business, or solid expansion project for a growing company

An absolutely once in a generation opportunity has arisen to acquire an iconic Derbyshire business. This distinctive family enterprise has traded profitably for 36 years, leading the way in independent leisure shopping and eating out. In the process it has built a premium brand and reputation well-known and trusted throughout the region and indeed further afield. A beautifully restored former pottery with its landmark bottle-necked kiln, it houses two main retail spaces, a 75-seater cafe/restaurant, two gardens (which themselves can seat 70 outdoors in good weather) and a good-sized car park. Open seven days a week plus Saturday evenings, it has permission to open two further evenings. It also has a retail website showcasing over 700 products. It remained remarkably resilient throughout covid and has bounced back to excellent sales. It is always busy and enjoys a high level of customer loyalty. There are still a number of opportunities to grow the business further.
In a perfect position - in a rural village but on a main road between Derby & Nottingham - it presents the opportunity for the right buyer to start a new life in the country, without being too far from the convenience of a dynamic city like Nottingham. The potential returns on your investment would be excellent, the potential for life-enhancement equally good.

For more information, please contact us by using the form below.

Property Information

Property:

Freehold

Location:

On an A-road in a smart residential village in South Derbyshire. It's rural but within easy reach for a large number of people. There are several other villages within 5-10 minutes' drive, the towns of Belper, Heanor, Ilkeston and Long Eaton 10-15 minutes away, and Nottingham and Derby within 20-25 minutes. Many of our customers come from even further away. The fabulous Peak District can be reached in 30-40 minutes.

Premises Details:

The site is 0.8 acres. It is a complex of buildings based on the layout of the original pottery and largely constructed using original materials. The kiln itself is original and grade 2 listed. The front building is two storeys high - originally a residential flat, the upstairs is currently used as offices, bakery and storage. Downstairs are the kitchens, two cafe spaces, two main shops, card room, a unique space for jewellery sales in and around the old kiln, staff room and an outside office/store room. There are two garden spaces and a good-sized car park.

Planning Consent:

We have consent for all retailing and catering in the daytime, plus catering Thurs-Sat until 10pm and an alcohol licence for all opening hours.

Business Operation

Expansion Potential:

We have recently begun opening on Saturday evenings and have permission to open Thursdays and Fridays as well. We have increasing requests recently for small functions such as baby showers and birthdays, which we can accommodate in the afternoons. We also plan to increase the breakfast/brunch offering and of course there are always opportunities to move into outside catering/delivery which could be lucrative. The retail side of the business has recently launched the selling website, which did well during covid and with some expertise could grow and develop further. Sales of clothing and womens' accessories are strong and growing.

Competition / Market:

There is the usual mix of cafes, pubs and garden centres in the general area, but the offering here is premium and distinctive. The thing that almost all customers comment on is how unusual and unique it is.

Reasons for selling:

The owner wishes to have a career change after 33 years here. His children are grown up and have other career plans. He isn't under any time pressure to sell - the business is in very good shape and gives a good living - it's a life change decision after a long and rewarding career here.

Trading hours:

Mon-Sat 9-5 Sat eve 7-10 Sun 10-4

Employees:
35
Years established:
1985

Other Information

Support & training:

All necessary support and handover for a reasonable period of time after a sale. We are very keen for the business to thrive and prosper going forward and to this end will train/inform/support as necessary.

Furniture / Fixtures value:
£150,000 - included in the asking price
Inventory / Stock value:
£100,000 - included in the asking price
Website:
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