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CHARACTER LANDMARK AWARD WINNING 'FREE OF TIE' RESTAURANT LOCATED IN THE SHADOWS OF THE CROOKED SPIRE IN THE BUSTLING DERBYSHIRE MARKET TOWN OF CHESTERFIELD

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  • Grade II listed landmark property located on Donut roundabout in the centre of the bustling market town of Chesterfield close to the University campus and a brand new 89-bedroom hotel development.
  • Bar Reception area (circa 10 plus standing) with an attractive Derbyshire stone fireplace, a built in log burner and solid oak floor.
  • Restaurant (28 covers) with exposed wooden beams to the ceiling and walls and an ornate open fireplace to one end.
  • Enclosed flagstone Patio garden area (circa 24 covers) with iron tables and chairs, a small attractive lit up corner pond and a live fig tree.
  • Fully equipped commercial catering kitchen.
  • 3 bedroom owners' accommodation with exposed beams throughout.
  • This business is currently closed.
  • Highly desirable totally 'Free of tie' lease with an attractive rent.
A UNIQUE OPPORTUNITY TO ACQUIRE A FREE OF TIE PROPERTY OFFERING OUTSTANDING OPPORTUNITY AND POTENTIAL.

ASKING PRICE £37,500 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS AND BENEFIT OF THE LEASE, EXCLUDING S.A.V.

Location

This property is located in the centre of the bustling Derbyshire market town of Chesterfield and sits directly on the landmark Donut roundabout only a stone's throw from the university campus. Chesterfield town centre is thriving and has major mainstream shops and facilities all set around the famous 14th century church with its very much talked about crooked spire. Being en-route to the tourist magnet Peak District National Park other local points of interest include Chatsworth House, Hardwick Hall and Bolsover Castle. The famous steel city of Sheffield is only 12 miles away and the surrounding countryside attracts walkers and tourists all year round. The nearby motorway and road networks are excellent with the M1, M18, A1, A6 and A38, close by.

THE PROPERTY

This lovely Grade II listed property has parts dating back to the 15th century and was originally in times gone by an actual Post Office. The property is of fully rendered brick construction sitting under a pitched tiled roof. Entrances to the front or side provide access to the trading areas. These consists of:

Bar Reception area (circa 10 plus standing) has exposed wooden beams to the ceiling and a solid oak floor. To one end is an attractive Derbyshire stone built fireplace with built in log burner. To the other is a bar server of wood construction offering flash cooler draught dispense. A few steps lead up to:

Restaurant (28 covers) with assorted loose tables and chairs all sitting on a fully carpeted floor and able to be laid out as desired. Exposed wooden beams to the walls and ceiling are complimented by an ornate open coal fire to one end of the room.

Ladies and Gents W.C.'s.

There is a fully equipped commercial catering kitchen that leads off from the restaurant with a walk in fridge and dry goods store directly outside the back door. There is a below ground floor Cellar providing plenty of storage space.

OWNERS ACCOMMODATION

The quirky owner's accommodation is situated on the 1st floor and has exposed wooden beams and joists throughout. This briefly comprises of 3 bedrooms (1 easily converted to a kitchen), a character lounge with open coal fire and a bathroom.

EXTERNAL

To the rear of the property is an enclosed 'secret garden' area with loose iron tables and chairs (circa 24 covers) all sitting on an attractive flagstone floor. Colourful potted shrubbery borders are complimented by a small lit pond sitting in the corner and an overhanging and highly producing fig tree. There is no car park for this business however pay and display parking is readily available directly across the road.

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 - Sat 10am to midnight

Sun 12noon to 11.30pm

Current opening hours are:

Currently closed

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 3 years remaining of the privately owned fully repairing and insuring, agreement. We are advised that the restaurant is totally 'Free of Tie'. We are informed that the rent is currently £16,632 per annum to be reviewed in 2019. We are advised that the inn benefits from all mains services (no services seen or tested). Business rates payable are advised as currently being circa £1,500 (TBC) per annum.

THE BUSINESS

The current owners purchased the business in 2011 and immediately established a solid trading foundation offering quality home cooked, locally sourced food to a loyal, repeat and desirable clientele. The business was recognised in 2014 and 2015 by being voted Restaurant of the year in the Chesterfield (and surrounding area) Food & Drink Awards. Unfortunately, due to our vendor client's other business commitments away from the town the business closed in June 2015. Given the landmark location of this property and with an 89-bedroom hotel due to open directly across the road in early 2017 in our opinion this property offers new enthusiastic owner operators considerable potential to launch and introduce a brand new food offer. This could be of any variety or theme such as bar/bistro or Mediterranean food for example.

There is no accounting information available for this business. *Please note marketing photographs were taken when the business was open and trading.

This business was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07527 718400.

Viewing appointments must be made by contacting Guy Simmonds on 01332-865112.

ADDITIONAL IMAGES

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