8 bedroom pub for sale

DERBYSHIRE

£749,995

Property Description

Key features

  • Desirable & profitable 18th Century freehouse location in the beautiful tourist town of Matlock.
  • Available for the first time in 21 years.
  • Open plan trading area with Lounge area (circa 46), Bar area (circa 20) with real open fires.
  • Delightful separate 40 cover Restaurant area with double mobile carvery unit.
  • 2 bed owners accommodation with feature beamed ceilings.
  • 6 ensuite letting bedrooms (2 with 4 poster beds).
  • Lovely well established 'award winning' beer garden overlooking the double boules pitch.
  • Advised turnover circa 433,124 (incl.VAT) for y/e Feb 2016.
  • Trade split approx. 84% wet : 8% food : 8% accom.
  • Excellent reconstituted profits of 0ver 100,000.

Full description

Tenure: Freehold

REF: 6740.


LOCATION
The business is located in the Derbyshire tourist town of Matlock close to the lovely Halls Lee family Park with miniature railway and new skateboard area. Matlock is a historic former spa town, lying alongside the River Derwent and is a vibrant centre for shopping and close to many of Derbyshire's many popular tourist attractions, with good transportation links to both north and south. Matlock is in the west of Derbyshire in what is known as the Derbyshire Dales which includes the towns of Wirksworth, Bakewell and Ashbourne. The Peak District National Park, the tourist resort of Matlock Bath, the Heights of Abraham, the steam train railway and Haddon Hall are just a few of the popular local tourist attractions nearby. The new Matlock sports centre re-opens in late 2011 and is only 1 mile away. The town is twinned with the French town Eaubonne. The former spa resort Matlock Bath lies immediately south of the town on the A6. Matlock, as a town, has a population of 10,689. Matlock is nine miles south west of Chesterfield, surrounded by the cities of Derby (19 miles), Sheffield (20 miles), Nottingham (29 Miles) and the Greater Manchester conurbation (30 miles).

THE PROPERTY
This highly desirable 18th Century inn is of stone & partial brick construction, under a pitched, slate apex roof, occupying an excellent prominent position set back off the main road running through Matlock Green.
The trading area is open plan with a Lounge Area (circa 46 plus standing). This lovely room has a warm and welcoming atmosphere. The room is fully carpeted with fixed upholstered perimeter seating, loose tables, chairs and stools. This leads through to the Bar Area (circa 20 plus standing). This room is also fully carpeted with fixed upholstered perimeter seating, loose tables, chairs and stools. The room also has a games machine, 2 T.V.s, a pool table and a darts throw. There is an open coal fire at each end of the trading area.
There is a central bar servery of wooden construction with wooden floor surround that services both the trading areas. Separate to the main trading areas is a 40 seater Restaurant with double carvery units. This area is fully carpeted and has loose tables and chairs. A feature gas log burner adds to the ambience of this room on those cold winter nights.

Ladies, Gents & disabled W.C.'s.

To the rear of the property is a large and very well equipped Catering Kitchen, (equipment not tested). There is also a lower-ground floor cellar, and additional storage.

OWNER'S ACCOMMODATION
The owner's accommodation is situated on the second floor and briefly comprises of 2 double bedrooms, lounge area, kitchenette and has feature beamed ceilings.

LETTING ACCOMMODATION
Situated on the first floor are 6 en-suite (4 double, 1 twin & 1 single) letting rooms all with flat screen TV's & tea and coffee making facilities. Two of the double rooms have a four poster bed and are the most popular.

EXTERNAL
To the rear of the property is a well established award winning 'garden in bloom' with grassed area & garden furniture overlooking a double boules pitch. There is a separate smoking area to the side. To the rear of the garden is a car park with room for circa 16 cars.

There is a large double garage giving further storage space and a small laundry room leads off the garden area.
To the front of the property is a raised patio drinking area with loose cafe bar style furniture overlooked by the many lovely flower baskets and troughs that won local awards in 2009 & 2010.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Sun- Thurs 10am to midnight
Fri-Sat 10am to 2am

Current opening hours are:
Mon - Thurs 11am to midnight
Fri-Sat 11am to 1am
Sunday 12noon to midnight

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS
The property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected with gas central heating (no services tested). Business rates payable are advised as being circa 7,500 per annum.

THE BUSINESS
The current owner purchased the business in 1990 and has now reluctantly decided to retire on health grounds. The owner has built an excellent reputation as a quality venue offering high quality food, drinks & accommodation in superb surroundings. This property is currently run by the owner assisted by 2 full time and 9 part time members of staff. The business currently has 2 darts teams, a pool team & 2 boules teams. Matlock brass band also meets here on a regular basis. We are advised that accounts declare takings of circa 433,124(incl. vat) in the year to end February 2016. Excellent reconstituted profits of over 100,000.Trade split 84% wet, 8% Food & 8% accommodation sales. New owners could continue to operate the business using the same successful formula or they may wish to take the business to the next level by exploiting the obvious food & coffee growth potential, marketing the accommodation rooms to tourists & businesses or moving the carvery offer forwards.

A TRULY SUPERB PROFITABLE BUSINESS IN AN IDYLLIC LOCATION

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

The property was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07527 718400.

Viewing appointments must be made via Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.


Nearest stations

  • Matlock (0.4 mi)
  • Matlock Bath (1.0 mi)
  • Cromford (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Matlock (0.4 mi)
  • Matlock Bath (1.0 mi)
  • Cromford (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6740. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds Business Transfers Limited , National Licensed Property. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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