Thorntree Inn
Jackson Road, Matlock, Derbyshire, DE4 3JQ
A PUB WITH A STUNNING VIEW
The Thorntree Inn in Matlock is a traditional community pub on the outskirts of this famous Peak District Town. The pub trades at 100% wet led and is famous locally for great cask ales, being the hub of the community and of course, its stunning views over the Dales. The demographic is relatively strong with couples, retired people, young families and professionals. It has been with the same operator for over 15 years and is a well established business. It is a small pub that could lend itself to occasional entertainment, such as a one piece acoustic artist or pub quiz but nothing bigger.
Bar
Patio
Location
Matlock is the county town of Derbyshire. It is in the south-eastern part of the Peak District, with the National Park directly to the west. The spa resort of Matlock Bath is immediately south of the town and also Cromford. The Thorntree Inn lies in a residential area, on the outskirts of the town.
Business Information
Annual rent
£29,500
Weekly rent
£567
Entry costs
£19,750
Turnover royalty
n/a
Forecasted Operator Turnover
£357,800
Forecasted Operator Profit (inc machine profit)
£29,669
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£108
Type of Tie
Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Agreement
Standard Tenancy Agreement. A fixed 5 year term
Entry costs approximately £19,750.00, 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 £2,000 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
£7,375
Fixtures & Fittings
£2,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£7,500
Other Costs
£1,150
Total Entry Costs
£19,750
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 | 216 | 377 | 581 |
| 2022 | 248 | 254 | 14 |
| 2021 | 181 | 191 | 0 |
Upon entry you come into a small corridor where there is a small bar (part of the main bar) for one person. The are rooms to the right and left of this corridor with seating for trade. The bar runs through all three areas. The front of the pub has steps up to it and two terraces either side of the steps for seating and is the ideal spot to appreciate the stunning view.
Trade Bars
1
Trade Dining Areas
0
Trade Kitchens
0
Trade Food Covers
0
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
0
Current Premises Licence Opening Hours
Mon-Thu: 11:00-23:30
Fri-Sat: 11:00-00:30
Sun: 12:00-23:30
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
I am looking for an operator or a couple to continue the tradition of the Thorntree Inn being a great community pub. The pub has always been known for welcoming offer built around cask ale in a friendly environment. This is an ideal opportunity for a first time operator or as a lifestyle choice.
John Auld, Business Development Manager
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