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‘TIME-WARP’ LOCALS’ INN (CURRENTLY WET SALES ONLY) LOCATED IN THE LOVELY VILLAGE OF TICKNALL IN DERBYSHIRE ADJACENT TO THE BEAUTIFUL NATIONAL TRUST PARK OF CALKE ABBEY

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  • Unique Free of Tie tenancy opportunity (2-5 year maximum non-renewable term)
  • Lifestyle business in one of the most sought-after villages in Derbyshire.
  • Currently ‘ticking-over’ wet sales/real ale trade only.
  • Presently run single-handedly, on limited trading hours through choice.
  • Attracts desirable local trade, plus genuine scope for walkers, cyclists, tourism etc.
  • Nearby tourist attractions including Foremark Reservoir, Calke Abbey, Donington Park.
  • No prohibitive ingoing costs - simply a deposit and advance pragmatic rental required for suitable applicants.
  • Applicants must have excellent financial status and full references will be required.
  • Spacious Tenant’s 4 bedroomed living accommodation included.
  • Low Annual Rent of £10,000 per annum (exclusive) fixed (no increases)for the whole term.
UNIQUE OPPORTUNITY TO ACQUIRE THIS TRADITIONAL HISTORICAL LOCAL ON A FIXED TERM, FREE-OF-TIE TENANCY

ASKING PRICE NIL PREMIUM. £5,000 DEPOSIT PLUS 6 MONTHS RENT IN ADVANCE REQUIRED (£5,000), PLUS STOCK AT VALUATION

Location

This inn is situated in the idyllic Derbyshire village of Ticknall, and is surrounded by similarly desirable and highly affluent villages. Nearby historic towns, within the customer catchment area, include Melbourne and Ashby-de-la-Zouch.

In addition to the local clientele/trade, the business is situated close to the beautiful National Trust Park of Calke Abbey, which attracts a huge number of visitors per year. There are numerous other attractions close by, and the area is a haven for walkers, cyclists etc. Donington Park is also relatively close by.

THE PROPERTY

We are informed that the original ground floor areas of this historic and truly ‘time-warp’ locals’ inn apparently date back to circa 1550.

The ground floor area briefly comprises of Traditional Bar (circa 20-25). This charming room has a cosy and relaxing atmosphere, with ‘working’ fireplace. The room is carpeted with some fixed seating and various traditional pub tables and stools.

Bar Servery, with real ale ‘hand pulls.’etc. Behind the bar is access to the low ceiling, small underground cellar, which is damp - hence ideal conditions for the traditional ales, which the landlord keeps to an excellent standard!

Front Room. A ‘quieter’ locals’ room, or ideal for separate meetings, groups, walkers etc. Seats circa 30, ‘Open’ fireplace, carpeted, piano, mixture of mixed furnishings including ‘settle seating,’ loose chairs, stools, tables etc.

Rear Room. Presently hardly used, but ideal as small games room.

Domestic Kitchen.

OWNERS ACCOMMODATION

The excellent and spacious living accommodation briefly comprises:

First Floor: 2x double bedrooms (1 en-suite with walk-in wardrobe), lounge with fireplace (electric fire), very attractive bathroom, office space (with CCTV) Second Floor: 2x double bedrooms (1 en-suite)

EXTERNAL

To the rear of the premises:

Partially covered ‘smoking shelter’.

Substantial outbuildings (landlord reserves the right to convert/develop during the tenancy).

Outside Ladies and Gents W.C.’s. (part of the charm of the pub ‘that time forgot!’)

Large car park circa 20/25, with scope to use some lawn, (if extra parking ever required).

Large lawned area, with lovely views over neighbouring Calke Park. This attractive lawned area has only a few tables sparsely placed, and offers undoubted significant extra trading potential - should a new operator wish to increase turnover by exploiting this.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol until midnight.

Current opening hours are restricted, due to the landlord’s choice:

Mon 12.00-2pm & 6pm - 11pm

Tues CLOSED

Wed 6pm - 11pm no lunchtime

Thurs 6pm - 11pm no lunchtime

Fri 6pm - 11pm

Sat 12.00-2pm & 6pm - 11pm

Sun 12.00-3pm & 7pm-10.30pm

NB. Important. The approved tenants should ensure that they hold/gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

This opportunity is offered for sale to a suitable applicant(s) as a fixed term (choice of 2-5 years maximum) formal tenancy agreement and is not renewable. This desirable opportunity will be completely FREE OF BEER (AND ALL OTHER) TIES (i.e. maximum discounts available for tenant from supplier of choice, unlike most Brewery Tenancies). The rent will be set at a low and sustainable figure of £10,000 per annum, and unusually fixed (no increases) for the whole lease term. Tenants will not have to pay for the fixtures and fittings, which they can use, and will continue to be owned by the freeholder. Rent will be initially paid 6 monthly in advance, then quarterly in advance thereafter.

We are advised that the inn benefits from mains services and gas central heating (no services seen or tested). Business rates payable are advised as currently ZERO (rural small business relief), resulting in a genuine business opportunity that can be run on very low overheads. We are informed that the domestic accommodation relates to council tax band ‘B’ (circa £1,000 payable per annum - not verified). Additionally the premises have a solar panel system, whereby the new tenant will benefit from the appropriate 'Feed in Tariff'.

Our client has recently purchased the freehold from the previous owner who has operated the business successfully (and on his own preferred ‘low key’ basis) since 1987. Our freeholder client has instructed us to find a suitable tenant for up to a 5 year fixed term, to ensure the pub continues to serve the community. Meanwhile, until we find a suitable tenant (within the next couple of months), the previous freeholder, has kindly offered to continue as the resident Landlord and operator.

In around 5 years’ time, our client then intends to tastefully redevelop the premises for himself, to expand into specialist Italian Cuisine and letting/holiday accommodation, in addition of course to retaining the existing and traditional 'real ale' and local drinkers' aspect.

THE BUSINESS

The business currently 'ticks over' on wet sales only, run single-handedly, and on restricted hours. We are informed that takings historically and presently are in the region of circa £2,000 weekly. Please note we have not verified this turnover and no accounts are available, hence the fixed and pragmatic rental of £10,000 per annum.

It will obviously be the prerogative of the new chosen tenant to continue in this 'low key' operating lifestyle manner, or exploit the further trading potential. Also, no food/sandwiches are currently provided to locals or to attract additional trade/walkers.

Significantly, it would seem that to rent a domestic house in lovely Ticknall would often cost far more than £833, which is the equivalent rent of both this business opportunity and 4 bedroomed living accommodation. This opportunity would be ideal for an operating couple/family, or suited to one partner continuing in their present salaried career, whilst the other operates the business and both enjoying living in this attractive village and community.

Interested parties/applicants should view discreetly as a customer prior to arranging a formal viewing appointment via ourselves. Proof of funding for a minimum of £20,000 will be required prior to arranging a formal viewing.

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

ADDITIONAL IMAGES

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