Sir William Hotel

Sir William Hill Road, Grindleford, Hope Valley, Derbyshire, S32 2HS

A BEAUTIFUL PEAK DISTRICT INN

The Sir William Hotel in Grindleford is a beautiful traditional property, boasting stunning Peak District views. The site is a real destination for tourists to the Peak District and for local villagers. The new operator will need to demonstrate their ability to offer high standards of service and product, utilising social media to drive trade and boost the accommodation business. A strong and consistent food offer towards the top end of mainstream would be highly beneficial. Being hands on to help reduce labour costs and be able to actively engage with both locals and visitors alike will also be a key skill of the new publican. The pub also benefits from 7 en suite letting rooms, as well as a function room. There is a real opportunity to increase letting room occupancy and drive business forward. External decorations are planned for the pub and there is the potential of further capital expenditure in the future.

Location

Grindleford is a village and civil parish in the county of Derbyshire. It lies at an altitude of 492 feet in the valley of the River Derwent in the Peak District National Park. The Sir William lies centrally within the village, close to residential and holiday homes and other local amenities.

Business Information

Annual rent

£7,500

Weekly rent

£144

Entry costs

£11,400

Turnover royalty

n/a

Forecasted Operator Turnover

£338,387

Forecasted Operator Profit (inc machine profit)

£29,097

Forecasted Operator Machine Profit

£1,500

Average Beer & Cider Discount*

£126

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

1 Year Foundation Agreement. Machine income retained by operator.

Entry costs approximately £11,400, 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 £2,000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£2,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£7,000

Other Costs

£1,150

Total Entry Costs

£11,400

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 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)
2023 67 123 3,063
2022 31 140 844
2021 40 72 253

There is a main bar area with tables for dining which is attractive to walkers and locals. There are approximately 30 covers internally. There is also a function room, without a bar which has a further 30 covers. In addition there are 7 en suite letting rooms. Externally, there is a garden which is laid to lawn and boasts stunning views. There are approximately 40 external covers and car parking for sixteen cars.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

60

Trade Gardens

1

Trade Patio Areas

0

Trade Rooms to Let

7

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

1

Customer Car Park Spaces

25

Current Premises Licence Opening Hours

Mon-Fri: 08:00-01:00
Sat-Sun: 08:00-02::00

The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom, toilet and office.

Private Rooms

8

Lounge

1

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an experienced operator or couple for this beautiful site, who have experience of food and letting rooms. This is a business of great potential in the Peak District so experience will be key to success. If you feel like this could be the opportunity for you, then please contact the recruitment team for further information.

John Auld, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.