Woodroffe Arms

1 Castleton Road, Hope, Hope Valley, Derbyshire, S33 6SB

PEAK DISTRICT PUB

The Woodroffe Arms offers an excellent opportunity to build upon a solid wet led base and re-introduce a home cooked food offer. The pub is located in the Peak District village of Hope and offers the opportunity to engage the locals and attract tourists. The new operator will use the conservatory as a dining room whilst continuing to build upon the solid wet led trade. Becoming an all-day venue will be key to your success here., as the site currently open daily from 3pm The pub would suit a lifestyle couple who can become an active part of the community. The site is named after Forrest officers who looked after the Royal Hunting reserve. They were called Woodroffes.

Location

Business Information

Annual rent

£20,000

Weekly rent

£385

Entry costs

£25,875

Turnover royalty

n/a

Forecasted Operator Turnover

£295,619

Forecasted Operator Profit (inc machine profit)

£19,909

Forecasted Operator Machine Profit

£0

#}

Average Beer & Cider Discount*

£108

Type of Tie

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

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry costs approximately £25,875.00, 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 £12,000 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

£6,000

Fixtures & Fittings

£12,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£25,875

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 156 441 984
2018/19 188 396 1,208
2017/18 189 441 1,260

The pub is open plan with the bar opposite a narrow seating area and a second seating area at the other side of the front door. There is a separate conservatory for circa thirty six diners and an outside patio / garden area for a further thirty covers

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

36

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: 11:00-00:30
Fri-Sat: 11:00-01:30

The private accommodation is in fair condition and comprises: kitchen, lounge, two bedrooms, bathroom, WC and office

Private Rooms

7

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an experienced operator, who knows the Peak District and can implement a food and beverage offer to attract both tourists and locals alike. The pub does not currently offer food, so the implementation of a home cooked food offer will be central to your business plans. If this is the right opportunity for you, then please contact the recruitment team for further information

Jim Owthwaite, 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.