Welbeck Inn

18-20 Soresby Street, Chesterfield, Derbyshire, S40 1JN

TOWN CENTRE SITE, AVAILABLE FOR FIRST TIME IN TWENTY FOUR YEARS

The Welbeck Inn is a well loved pub, in the centre of the market town of Chesterfield. This pub is a real hub of the community and caters for local residents, workers and shoppers alike. The site is of a traditional decor and layout, with plenty of interesting bric-a-brac adorning the walls. The site benefits from an 70/30 split in favour of wet sales,. Due to retirement, the Welbeck is now available for a new operator to take reigns and there is a real opportunity to broaden the appeal of the pub to a wider clientele. There seems to be a window of opportunity in Chesterfield right now, as some of the nearby pubs, bars, cafes and restaurants seem to be struggling and have closed, could you take advantage of this?

Location

Business Information

Annual rent

£12,000

Weekly rent

£231

Entry costs

£13,900

Turnover royalty

n/a

Forecasted Operator Turnover

£201,582

Forecasted Operator Profit (inc machine profit)

£19,489

Forecasted Operator Machine Profit

£4,000

Average Beer & Cider Discount*

£144

Type of Tie

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

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £13,900.00, 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 £6000. Fixtures and Fitting will be rented with weekly payments made. Fixtures and fittings will be rented with weekly payments made

Deposit

£6,000

Fixtures & Fittings

£0

Legal Admin Fee

£850

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£13,900

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 91 0 0
2018/19 93 0 5
2017/18 87 0 0

The trade area is of a traditional layout, with a bar, separate lounge and further small dining room with a total of fifty dining covers. Externally there is a small courtyard.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

50

Trade Gardens

No

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Sun - Thu: 05:00 - 00:30
Fri - Sat: 05:00 - 01:30

The living accommodation is in need of attention and comprises of: Kitchen, lounge, three double bedrooms, bathroom and separate toilet

Private Rooms

7

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am seeking an enthusiastic operator or couple with basic food experience to breathe a new lease of life into this lovely old pub. The current operators have been here for twenty four years and built a great business, so if you feel you could be as successful here as they have been, please contact the recruitment team for further information.

Sarah Adams, Business Development Manager

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