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Pub for sale

Ashbourne Road, Turnditch, Belper

Guide Price £800,000

Property Description

Key features

  • Fabulous opportunity to purchase or lease a gorgeous country pub in stunning location.
  • Delightful, Affluent, Desirable Derbyshire village in commuter belt with tourist trade.
  • Well-equipped Commercial kitchen fully appointed with extraction.
  • External customer dining areas 26+ with views over rolling countryside.
  • Characterful Restaurant 60+ exposed brickwork and attractive furnishings.

Full description

KSA Commercial Ltd are delighted to bring to market this historically very popular, quality, food lead business, bolstered by a buoyant wet trade, coupled with a glorious setting in a superb central village location. Refurbished to exacting standards throughout.

Overview - A marvellous character village inn which is immaculate throughout.
This is a most attractive property of brick construction with a traditional pitched roof of both tile and slate. furnished to the exacting standards of the freeholders. Not included in the sale is the Butchers Shop.
Access to the trading areas is via front and rear of the building from either car park circa 20 cars.
Mixed flooring throughout is either seasoned old oak floor boards or black slate flag tiles both of which present beautifully.

Main Bar - Exposed brick fire places frame each end of the building, one is open style predominantly used for coal, whilst the other has a built in established log burner.

Style appropriate rugs offer the homelier feel which further establish this as a lovely place to be.
The very functional furnishings consist of assorted wooden tables and chairs with occasional leather armchairs and antique style settle.
The attractive wooden bar/servery offers 3 cask ales hand pulls with a 5 line - highline beer tap cluster. Back bar is equally attractive and functional with under counter glass fronted refrigeration.

Restaurant - Another well-presented functional dimension to this business is the equally charming restaurant area offering circa 60+ covers utilising the same style wooden tables, chairs and settle with similar exposed brick fireplace and a feature log display wall recess.
Double French style doors open to the external grassed garden area that just so happens to be a lovely sun trap with wooden picnic style seating/tables 30+.

Function Room - Purposefully laid carpet offers this large 1st floor room ideal opportunity to be used for functions or meetings as well as parties, it is also used on occasion as a restaurant/dining extension. The mix of high end flexible table/seating options offer seating for circa 40-50 with standing functions in the region of 70-80. Wooden flooring surrounding the solid wood constructed bar area ensure this is a robust offering, built with use in mind and not just an additional space.

Externally - Grassed frontage to the right of the business (backing on to the Restaurant area) is a delight in the summer and is sympathetically planted with low maintenance shrubbery.
To the rear, is a covered, lit and heated smoking area with tasteful metal furniture and benches.
Additionally, a raised wooden decked platform with capacity for circa 20+ is a jewel in the crown overlooking the stunning Ecclesbourne Valley. This is a business area that is ripe for development and will see huge returns.

Owners Accommodation - There is a lovely double bedroomed owners/manager accommodation on the 1st floor which is both practical and well-kept allowing new owners/staff to move straight in. Comprising of lounge, office, kitchen and bathroom, it has its own private access.

External Details - The Cross Keys really is immaculately kept. This public house has been the subject of fastidious refurbishment and maintenance to the exacting standards of our clients. The large public frontage makes a statement within the village and nestles the local Butchers shop alongside, passers-by are assured of the quality of offer held within. Car parking for some 20-25 vehicles off road is clearly an extra benefit, as is the decked platform area overlooking the vast countryside.

The Property - Attractive 2 storey property set slightly back from the A517 Ashbourne – Belper road in the affluent village of Tirnditch, nestled within the heart of the Amber Valley. This is a very classy pub but not in the least pretentious.

The Business - Turnover consistently over £300,000 p/a for the past two years evidences the stability of the core business. Growth potential for the new owners are held in the potentially massive daytime conference/meeting venue use of the function room, appealing to the businesses locally and to those who would enjoy the village appeal just 4 miles from Belper and 8 from Ashbourne. Also, greater utilization of the external garden areas for beer festivals and hog roasts and the like would be a boon.

Trading Information - Accounts and trading information may be available to prospective purchasers once background checks are completed by KSA Commercial. Our clients, the vendors are keen for the business to pass on for a new life.

Opening Hours - 12:00 – 15:00 18:00 – 22:30 Tuesday - Thursday
12:00 – 15:00 17:00 - 23:00 Friday & Saturday
12:00 – 18:00 Sundays

Current Staffing - TUPE does not apply to this business as it does not present with any existing staff.

Potential - An already very established, profitable, well-oiled machine such as this could be run along similar lines with little issue, providing a return on investment. Potential could lie in reduction in the massive development opportunity of the function /meeting/ conference room business.
Targeted marketing of the external areas and the associated activities and entertainment such as Beer Festivals, Hog roasts etc.

Price And Tenure - £450,000 for this valuable freehold business with Vacant position upon completion.
£30,000 per annum for the Leasehold sale with the creation of a new 10-year lease. In addition to a premium £20,000 for the Fixtures and Fittings.

Epc - EPC certificate in place.

Finance - An early discussion about finance can often save time and disappointment, talk to KSA Commercial about securing independent financial advice from our list of approved brokers in our “One Stop Shop”

Viewings - Strictly by appointment with the vendors sole selling agents.
Tel: 01780 435072 Email
You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

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