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Cheadle Road, ST13

£370,000

Business rates & charges may apply

Sidney Phillips Limited, North West
SIZE

Ask agent

SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • 18th century public house
  • Staffordshire Moorlands village
  • Grade II listed building
  • Three section trade area (67)
  • Generous sized trade garden (0.75 acres)
  • Net sales in the region of £280,000 per annum
  • New, Free of Tie, Leasehold available
  • SELLER REF 95240

Description

Cheddleton is a desirable Staffordshire Moorlands village close to the Churnet Valley Railway and Caldon canal. The area offers many countryside walks and is close to RSPB Coombes Valley and Peak Wildlife Park. The village lies between Stoke-on-Trent and the market town of Leek, and offers easy access to tourist attractions including Alton Towers, Trentham Estate and Gardens and Thor's Cave. The property lies on the A520 Cheadle Road and links to the M6 via the A500.

The Red Lion is a Grade II listed building of stone construction to the main with a brick, single storey extension to the rear. It dates back to the 18th century and is set over three storeys with a pitched tile roof.

The Red Lion Inn has been let on a private lease agreement for the past 6 years. No trade accounts are available but we are advised that historic net sales are in the region of £280,000 per annum.

The business is in a prime A road position that sees high footfall, and the pub offers traditional home cooked food, live entertainment and bi-weekly quiz nights. The business has its own social media following and boasts excellent reviews on Tripadvisor and Google. The generous sized trade garden offers scope for further development (STPP).

FREEHOLD £370,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

OR, ALTERNATIVELY

Leasehold: £5,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

A full Premises Licence is held for the retail
of alcohol:
Monday to Thursday: 10:00 - 00:00
Friday and Saturday: 10:00 - 01:00
Sunday: 10:00 - 00:00

Current opening hours:
Monday to Thursday: 16:00 - close
Friday: 15:00 - close
Saturday & Sunday: 12:00 - close

Mains water, electricity, gas and drainage, with LPG used for the kitchen only.

Local Authority: Staffordshire Moorlands District Council, Moorlands House, Stockwell Street, Leek ST13 6HQ

Rateable Value as at 01 April 2023: £4,750

Cheadle Road, ST13

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Longton Station6.6 miles

About Sidney Phillips Limited, North West

North West

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 95240. 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 Sidney Phillips Limited, North West. 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.

Map data ©OpenStreetMap contributors.

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