Deacon's Bank, Market Street, Chapel-en-le-Frith, High Peak, SK23

Deacon's Bank is an established Modern British restaurant occupying an impressive Grade II listed former Williams Deacon's Bank building in the centre of Chapel-en-le-Frith, a Peak District market town. The business is offered at an asking price of £29,950. A new lease is available directly from the freeholder, and the premises are fully fitted and ready to trade.

Since opening in July 2023, the restaurant has been listed in the Michelin Guide, has held two AA Rosettes for three consecutive award years and has been featured in The Times. Alongside à la carte and tasting menus, the restaurant has traded Sunday lunches, afternoon teas, private dining, weddings and ticketed events.

The building combines carved stonework, sandstone piers and exposed timber beams with a contemporary fit-out. The accommodation includes a main dining room and bar, a separate second dining room, and a chef's counter set at the original vault doorway into a well-equipped commercial kitchen. To the rear is a landscaped garden with a terrace and decking. Most fixtures, fittings and equipment are landlord-owned and will remain available for the incoming operator's use.

The restaurant trades five days per week, Wednesday to Sunday. The freeholder is open to either continuing the Deacon's Bank concept or introducing a new one. The current operator and team will provide a full handover. Two apartments above may also be available by separate negotiation.

Tenure: Leasehold. A new lease will be granted directly by the freeholder at a commencing rent of £36,000 per annum (£3,000 per calendar month). Further lease terms are to be agreed with the freeholder.

Business rates: The VOA advises a Rateable Value of £13,000, effective from 1 April 2026. Tapered Small Business Rates Relief may be available to a qualifying purchaser. Interested parties should make their own enquiries with the local authority.

Size: The stated floor area is the VOA net internal area of the ground-floor restaurant accommodation and excludes the outdoor seating, terrace and garden.

Trading and profit figures are available to serious prospective purchasers following the signing of a non-disclosure agreement and a viewing.