Saracens Head

Church Lane, Shirley, Ashbourne, Derbyshire, DE6 3AS

ESTABLISHED DESTINATION FOOD PUB

The Saracens Head in Shirley is a well established destination food pub with a strong reputation for quality food and service. Despite being a destination site, the pub is well supported by the local residents. The site is currently trading at an 80/20 split in favour of food and attracts a mostly middle class/affluent customer base. The new operator will be expected to offer a high quality food menu, which is varied and fresh and supported by a quality drink and cask ale offer. There is also an on site Deli within the car park selling food, drink and ready made meals (produced in the pub kitchen). The pub offers scope to increase wet trade.

Location

Shirley is a small village and civil parish in Derbyshire, close to the town of Ashbourne. Shirley was mentioned in the Domesday book as belonging to Henry de Ferrers and being worth forty shillings. In the nineteenth century St Michael's Church, Shirley was led by the Rev. Charles Francis Powys who had a number of literary children. The pub is located close to the Parish Church and residential housing.

Business Information

Annual rent

£66,500

Weekly rent

£1,279

Entry costs

£47,000

Turnover royalty

n/a

Forecasted Operator Turnover

£721,329

Forecasted Operator Profit (inc machine profit)

£66,391

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£72

Type of Tie

Partial tie: Tied All Beer, All Cider, Minerals & Spirits

Agreement

Standard Tenancy Agreement A fixed 5 year term. Machine income is retained by licensee

Entry costs approximately £47,000.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£16,625

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£7,500

Other Costs

£1,150

Total Entry Costs

£47,000

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 & 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2021 49 1,293 1,956
2020 31 1,275 1,711
2019 100 4,451 6,073

A single room operation, with small bar servery, open fireplace and L shaped dining area. The trade space is well presented and in good order.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

75

Trade Gardens

0

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

12

Current Premises Licence Opening Hours

Mon-Sun: 00:01-00:00

The accommodation comprises kitchen, lounge, three bedrooms and bathroom

Private Rooms

6

Lounge

1

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am searching for an experienced food operator, who can offer a fresh and varied menu, whilst ensuring high standards of service. The Saracens Head is an established destination business and the foundations of a strong business are firmly in place. If you would like further information on this great pub, please contact the recruitment team for more information

Sarah Adams, Business Development Manager

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