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The Grove Inn, 2 Spring Grove Street, Huddersfield, HD1 4BP

£395,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Internal (80), large beer garden (100)
  • 4 bed owner's accommodation
  • Scope to increase turnover
  • Average weekly sales c. £7-8,000 net of VAT
  • Free of brewery tie
  • Energy Rating B
  • Christie & Co Ref: 5455514

Description

Description

The Grove Inn is a very impressive well-established pub in the town of Huddersfield, and has been owned by our clients for over 17 years. It is situated in the town centre which boasts the footfall from the town trade right down to the regulars.

Situated less than 200 yards from Huddersfield leisure Centre with fantastic access to paid parking.

Location

Huddersfield is a market town in the Kirklees district in West Yorkshire, England. It is the administrative centre and largest settlement in the Kirklees district. The property is just 4 miles away from the M62 via the A629.

Internal Details

Comprising a very generous sized bar and seating area for 80, with a large beer garden situated to the rear which boasts 100 covers. The property was originally four terraced houses before being converted into The Grove inn.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Owner's Accommodation

Comprising 4 bedrooms (one being used as office space), kitchen, large living room, and a good sized bathroom with wc.

The Opportunity

A well-established freehold property offering a great opportunity for an experienced operator to add to their portfolio, or for a first-time buyer who is looking to relocate for a lifestyle change. This turnkey business has potential to increase upon the current turnover by extending the opening hours. The reason for sale is that our clients have taken the decision to relocate and retire.

Staff

The business is run by our clients with a complement of 3 part-time staff.

Trading Information

Turnover for:
Year end 31 May 2019 was £421,712 with a GP of £215,339
Year end 31 May 2020 was £315,618 with a GP of £158,255.
Year end 31 May 2021 was £97,154 with a GP of £48,138.
Year end 31 May 2022 was £263,817 with a GP of £133,516 - ADJ Net - £50,000
Year end 31 May 2023 was £271,953 with a GP of £149,391 - ADJ Net - £35,000

Trading Hours

Monday: Closed
Tuesday to Thursday: 4pm - 11pm
Friday: 3pm - 11pm
Saturday: 1pm - 11pm
Sunday: 2pm - 9pm

Business Rates

The Rateable Value is £23,250 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

The Grove Inn, 2 Spring Grove Street, Huddersfield, HD1 4BP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Huddersfield Station0.4 miles
  • Lockwood Station0.8 miles
  • Berry Brow Station1.6 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5455514-fh. 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 Christie & Co, Pubs & Restaurants. 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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