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POPULAR AND THRIVING FOOD LED INN LOCATED IN HEART OF THE SOUGHT-AFTER DERBYSHIRE VILLAGE OF HOLMESFIELD OVERLOOKING THE CORDWELL VALLEY AND CLOSE TO THE PEAK DISTRICT NATIONAL PARK

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  • Located on the Main Road (B6054) in the picturesque Derbyshire village of Holmesfield and surrounded by rolling countryside close to the Peak District National Park and within easy reach of Dronfield, Chesterfield and Sheffield.
  • Bar (circa 30+) with exposed wooden ceiling beams, a roaring log burner set in an exposed brick fireplace and 4 cask ales on offer.
  • Lounge/Dining (circa 36+ covers) with exposed wooden beams to the ceiling, a roaring log burner set in a fully exposed stone wall, hanging chandeliers and coffee preparation area.
  • Conservatory (circa 24 covers) opens through from the Lounge/Dining with twinkling fairy lights to the ceiling and magnificent views of the Cordwell Valley and beyond.
  • Elevated al fresco patio (circa 24+) to the front with views of the valley and the adjacent village church ; Grassed Al Fresco Garden (circa 40+) to the rear with stunning countryside views ; Patrons car park.
  • Fully equipped commercial catering kitchen with regular 5* EHO rating.
  • Gluten free food and beer specialists.
  • 3-bedroom (1 en-suite) owners’ accommodation with private access.
  • Advised turnover circa £557,040 (incl. VAT and only 10 months) for year ending 31st May 2020 with excellent reconstituted net profits ; Similar turnover advised post pandemic.
  • Trade split: 70% Food sales ; 30% Wet sales.
  • Renewable rolling lease with a highly attractive rent (circa 7.7% net t/o).
A FANTASTIC OPPORTUNITY TO ACQUIRE A UNIQUE POPULAR AND THRIVING BUSINESS IN A DESIRABLE PICTURESQUE VILLAGE LOCATION


ASKING PRICE £85,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This delightful food led inn is located in the affluent sought-after Derbyshire village of Holmesfield on the main road (B6054) and perched on a ridge overlooking the head of the Cordwell Valley. It also has surrounding views of Sheffield, The Peak District and Totley Moor. The village itself has a strong community supported by many holiday cottages, a primary school and village hall and it sits close to the edge of the tourist magnet Peak District National Park. The Peak District is a world of contrasting natural beauty, with moors, dales, rivers, springs and caverns and at its heart it is known and loved by millions for its breath-taking views, relaxation, inspiration and adventure. Nearby points of interest include the Grade I listed stately home of Chatsworth House, the famous steel city of Sheffield, the tourist town of Bakewell and the bustling market town of Chesterfield (with its famous spire). Local shops can be found in Dronfield which is only a stone’s throw away. The nearby road networks are very good with the A619 & A61 accompanied by a series of other ‘A’ roads providing access in and around this simply stunning county.

THE PROPERTY

The property is of stone construction and sits under a pitched, tiled apex roof. A lovely entrance porch to the front with exposed stone walls provides access to the trading areas. These consist of:

Bar (circa 30+ plus standing) is a delightful welcoming room with loose wooden tables and chairs complimented by upholstered perimeter bench seating all sat on a fully carpeted floor. The room has exposed wooden beams to the ceiling and a roaring log burner set in an exposed brick-built fireplace. There is also a wall mounted HDTV and a long wooden return bar server with 4 cask ale hand pulls and slate tile perimeter. This leads through to:

Lounge/Dining (circa 36+ covers) is a good-sized room with a warm, calm and relaxing atmosphere. Loose tables, leather upholstered dining chairs and upholstered perimeter bench seating all sit on a fully carpeted floor and are able to be laid out as required and to suit the occasion. Exposed wooden beams to the ceiling and hanging chandeliers look down on an exposed stone wall with built in log burner to one end of the room while to the other is a wooden bar server and coffee preparation station. A large wall opening and open doorway leads through to:

Conservatory (circa 24 covers) is a lovely bright room with loose tables and chairs sitting on a solid oak floor beneath twinkling fairy lights to the ceiling and exposed stone walls. The room has stunning views of the Cordwell valley and doors to one side lead out onto the elevated front al fresco area.

Ladies and Gents W.C.’s.

There is a fully equipped commercial catering Kitchen with a regular 5* EHO rating and stainless-steel appliances and surfaces (appliances not tested). Separate dry goods, wash up, prep and fridge freezer storage areas are close by and there is also a walk-in fridge. Below ground Floor Cellar with python, remote and pumps etc and further areas for storage.

OWNERS ACCOMMODATION

The owner’s accommodation has private access and is situated on the 1st floor. This briefly comprises of 3 double bedrooms (1 being en-suite), lounge, kitchen, bathroom, office and there is also an external garage to the rear.

EXTERNAL

To the front of the property is an elevated flagstone patio (circa 24+ covers) with metal tables and chairs and fabulous breath-taking views of the Cordwell Valley. Colourful planters, pots and baskets make this a desirable and enviable place to sit eat and drink in the warmer weather. To the rear of the property is a lovely grassed garden area (circa 40+) with wooden picnic benches, established borders and further rolling countryside views. The patrons lined car park is also to the front with spaces for circa 14+ cars however other nearby parking is also available.

TRADING HOURS

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 11am to midnight

Fri/Sat 11am to 1am

Current opening hours are:

Monday Closed

Tues – Sat 12noon to 9pm

Sunday 12noon to 6pm

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 business is offered for sale as a lease assignment with approximately 4½ years remaining of the well-respected Stonegate (Ex EI) full repairing and insuring, renewable agreement. We are advised that the inn is free of tie on wines and informed that the highly attractive rent (circa 7.3% of net turnover) is currently circa £34,000 per annum to be reviewed in 2026. We are also advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from mains services (no services seen or tested). Business rates payable are advised as currently being circa £10,000 per annum.

THE BUSINESS

The current owners took over the business in 2012 and over the past 10 years have created a popular and thriving business playing host to a a loyal, repeat and desirable clientele. The business is currently operated by our vendor clients themselves assisted by circa 5 full time and circa 9 part time/casual members of staff. The business sits at the heart of the local community and is extremely popular through its specialism of gluten free food and beer that attracts regular custom from afar. This dog friendly business is well supported by the locals and welcomes muddy boots as well. Organising and being involved in a quarterly market (held at the pub and church hall) whilst selling its famous home-made pies, providing dogs dinners, supporting the annual well dressing and many other local activities set this established business apart ensuring it is well appreciated. We are advised that accounts declare takings of circa £557,040 inclusive of VAT for year ending 31st March 2020 (10 months only) on a trade split of 70% Food sales and 30% Wet sales with sales post pandemic of a similar level. We calculate reconstituted net profits after adding back directors, depreciation and one-off costs to be in excess of £51,000. 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. In our opinion this could be achieved by taking advantage of extending the opening hours, the introduction of a quiz which has proven popular in the past and hosting more of the many activities that take place at the adjacent village church. In our opinion, this business would suit a front of house/chef couple who have experience of working in a similar environment.

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

This business was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07865 348375.

Viewing appointments can be made by emailing Guy Simmonds at sales@guysimmonds.co.uk or by contacting Richard Fletcher on 07865 348375.

All personal viewings undertaken must adhere to the evolving Covid-19 Government Guidelines.

Details prepared March 2022

ADDITIONAL IMAGES

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