Hotel / Restaurant / Public House
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description 8616DE DERBYSHIRE L\H œ220,000 HOTEL/RESTAURANT/PUBLIC HOUSE. LOCATION: Our client is ideally located in a very affluent and desirable village in South Derbyshire bordering both Leicestershire and Nottinghamshire. Situated close to the East Midlands Airport, properties in the village are greater in both
value and size compared to the national average. The M1 Motorway network is accessed at Junction 23a which is approximately 11/2 miles away.
THE BUSINESS: Advent Business Sales have been instructed to offer this superb
Public House for sale. It has excellent restaurant facilities. The business has been in the hands of the current owners since 2005. In this time, the owners have superbly refurbished the premises and living accommodation to a very high
standard, incorporating a fully operational commercial kitchen. The business is staffed by the vendors, full and part time staff, including 3 chefs. The two restaurant areas can cater for 120 covers, giving customer's choice from a carefully selected and prepared menu including breakfast, lunchtime and evening.
At peak trade, 450 covers have been achieved in one single day. There is a large menu with extensive vegetarian catering. The pub is popular for private parties
from wakes to weddings. The sheer size of the property has offered vast opportunity for the vendors to explore business ideas. The wet/dry split is currently at 40% to 60% with increasing food sales. The pub is totally free of tie.
To complement the pub/restaurants, attached is a spacious 9 bedroom bed and breakfast which is virtually at full occupancy throughout the year. The business has felt resurgence with tremendous passing trade and with Donnington Park race track nearby, business remains buoyant throughout the year.
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