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WELL PRESENTED POPULAR AND THRIVING FREEHOLD INN WITH DELIGHTFUL AL FRESCO SUN TERRACE BAR AND KITCHEN LOCATED CLOSE TO THE CENTRE OF THE DERBYSHIRE MARKET TOWN OF BELPER

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  • Located close to the town centre of Belper sitting directly on the A6 within easy reach of Carsington Water and the tourists’ paradise of the Derbyshire Peak District National Park.
  • Open Plan Bar area (circa 55+ plus standing) bursting with character and charm with exposed wooden ceiling beams, exposed brickwork, Yorkshire stone flooring and an attractive log burner.
  • Games area (multi-use) with central pool table and exposed stone walls leading to kitchenette area.
  • Substantial highly attractive Al Fresco sun terrace with Garden Bar (with draught dispense), Skittle Alley, Pergola and Outdoor Kitchen (circa 110+ covers): Solar lighting for energy efficiency.
  • Covered semi-enclosed garden area with lattice walls, infrared heaters and HDTV’s (circa 30+).
  • Delightful 3-bedroom owner’s accommodation with private access.
  • Advised turnover circa £234,000 (incl. VAT) for 46 weeks only year ending 30th April 2020 on 100% Wet sales - We are advised that turnover since re-opening post pandemic shows modest growth.
A FABULOUS OPPORTUNITY TO ACQUIRE A POPULAR & PROFITABLE FREEHOLD INN PRESENTED IN IMMACULATE CONDITION AND OFFERING UNTAPPED OPPORTUNITIES.


ASKING PRICE £420,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This delightful well-presented inn sits close to the centre of the bustling Derbyshire market town of Belper on the main A6 that runs directly to Derby (circa 7 miles). Belper is a lovely locals and tourist town with mainstream shops, amenities and facilities and is serviced by its own railway station. Nearby points of interest include the tourist magnets of Carsington Water, Crich (with its famous tram museum) and Matlock with other highly popular Derbyshire villages and towns and the Derbyshire Peak District National Park all within easy reach. The nearby road networks are excellent and the A38, A6, A52 and M1 are all close by.

THE PROPERTY

The property is immaculate throughout, has been totally refurbished over the years and is furnished to an exceptionally high standard. Investments were also made in 2019/2020 with regard to new equipment to include new glass washer, ice machine and 2 bar cooler fridges. This traditional inn is of brick and stone-built construction and sits under a pitched slate roof. Entrance porches to the front and rear of the property provide access to the trading areas. These consist of:

Open Plan Bar area (circa 55+ plus standing) is a delightful area bursting with character and charm and with a warm and welcoming atmosphere. Loose tables and stools are complimented by leather upholstered perimeter wooden bench seating and an attractive Yorkshire stone floor. Exposed wooden beams to the ceiling look down on exposed brickwork and a roaring log burner set in a carved stone fireplace sits to one end. There is a central bar server (with computerised till system) of wood construction with 4 cask ales on offer, a wall mounted HDTV, retractable screen and projector. Leads to:

Games area with a central pool table, exposed stone walls and a small bar serving hatch. The room has a laminate wooden floor is able to be laid out to suit the occasion. The moveable pool table can be positioned anywhere in the room acting as a buffet area whilst creating space for a dance floor in the process.

Below ground floor Beer Cellar with python system, cask racking, pumps and remote etc plus further storage areas.

There is a small Kitchenette area leading off from the pool room that is currently used only for the preparation of buffet sandwiches/teams food.

Ladies and Gents WC’s / CCTV throughout.

OWNERS ACCOMMODATION

As with the trading areas the owner’s accommodation is presented to an exceptional standard. The accommodation has private access and is located on the 1st floor. This briefly consists of: 3 bedrooms (2 double/1 single), Lounge, bathroom/WC, separate WC, and kitchen.

EXTERNAL

To the rear of the property is a delightful semi-enclosed covered garden area (circa 30+ covers) with leather upholstered booth style seating, stools and assorted tables and chairs all sitting on an attractive Yorkshire stone floor. This lovely area has exposed brick walls, trellis perimeters and 3 energy efficient infrared heaters. To one end is a roaring log burner whilst to the other are 2 wall mounted HDTV’s. This leads out onto the fabulous and spacious split-level Sun Terrace (circa 110+) with Garden Bar (having draught dispense). This area has energy efficient solar power lighting (to reduce electricity bills), wooden picnic benches and assorted rattan and iron garden furniture. Decorative wooden beer barrels and established shrub borders are all complimented by floral pots and planters and there is even a wall mounted HDTV and doggy drinking station. A fully equipped outdoor Al Fresco kitchen serves directly onto the terrace. This was created during the lockdown months and in our opinion is yet to reach its full potential. This is a fantastic addition to the business that will bring in additional income and profits throughout most of the year. To the side and set under a wooden pergola is a floodlit long alley skittle diamond with ball return system that is highly popular in the summer months. Local parking is 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:

Mon - Sun 10am to 1am

Current opening hours are:

Mon – Fri 3pm to 11pm

Sat 12noon to 11pm

Sun 12noon to 10pm

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 property and business is being offered for sale freehold (although we have not had sight of the title deeds). We are advised that all mains services are connected (no services tested). Business rates payable are advised as being circa £NIL per annum.

THE BUSINESS

The current owners purchased the freehold business in April 2019 and have continued to invest and refurbished areas to an exceptionally high standard. A newly created al fresco garden bar with draught dispense, a fully equipped outdoor al fresco kitchen area and new back bar equipment are the most recent investments. These have helped continue this popular and thriving business to offer quality food (recently introduced) and drinks to a loyal, repeat and desirable clientele. The business is currently operated by our vendor clients themselves assisted by 1 Full time and 2 part time members of staff. The business sits at the heart of the local town community and plays host to 2 skittles teams and 2 pool teams whilst also holding charity fund raising events. All major sporting events are shown on Sky TV and the business even has its own resident DJ as and when required. We are advised that accounts to 30th April 2020 (46 weeks ONLY due to pandemic) show a turnover of circa £234,000 (inc VAT) achieved on 100% Wet sales. We calculate reconstituted net profits after adding back director’s salaries, depreciation and personal/one off costs to be in the region of circa £50,000. This was achieved on reduced trading hours however this is purely through personal lifestyle choice. We are advised turnover since re-opening post pandemic shows modest growth that in our opinion will grow even further with the new additions made. 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 whilst using the immense opportunity of driving the al fresco bar and kitchen opportunities in the summer months and potential for further increased revenue in November and December with the ability to host the world cup.

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

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