Harleys Inn & Restaurant, Staveley

Freehold for Sale

Price: Offers in the Region of £460,000 Ex VAT Excluding VAT

Bid Deadline 30 March

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Tremendous bar-restaurant with 3 separate trading areas, 9 well appointed letting rooms and delightful domestic accommodation

Key Points

  • 6,259 sq ft Gross Internal Area - (581 sq m)
  • Spacious trading areas including Bar, Restaurant and Function Room
  • 9 spacious and well appointed letting rooms
  • Attractive 2-3 bedroom domestic accommodation
  • New Free of Tie Leasehold option available
  • Adjusted net profit to y/e 2016 £55,161 with tremdous scope to improve trade
  • Best & Final Bid Deadline 30th March 2018

Location

Harleys Inn & Restaurant is prominently situated on Market Street, adjacent to the Healthy Living Leisure Centre in the centre of the north east Derbyshire town of Staveley. The property is ideally located opposite the Market Square and the Morrisons supermarket. At the 2011 census Staveley parish had a population of 18,247. The town is located approximately 5 miles north east of Chesterfield, 11 miles west of Worksop and 12 miles south east of Sheffield.

Property

Harleys is a two and single storey mock Tudor detached property, of brick and rendered elevations beneath pitched tiled and flat roofs.  The well appointed and extensive ground floor comprises a front entrance porch leading to the Main Bar area, (50) with corner bar servery, two raised areas  and access to Pool Room, with feature fireplace, Restaurant (70), with carvery servery units, private outdoor courtyard, part wooden flooring and stairs to first floor (currently used as band storage room). The trading areas also extend to a large Function Room, licensed for 300, with bar servery, upholstered perimeter and freestanding seating and wooden dance floor.

The property benefits from fully tiled Ladies, Gents and disabled W.C.s, off the main bar and a further set of Ladies & Gents W.C.s accessed from the Function room. An equipped commercial catering kitchen with 2x prep area/freezer store off, basement beer cellar and storage room.

Over the upper floors Harleys has 9 well appointed ensuite letting rooms comprising 7x Doubles, 2x Twin and 1x Family Room. The attractive domestic accommodation is located on the first floor and briefly comprises 2 bedrooms, spacious L-shaped Lounge-Diner, modern domestic kitchen, family bathroom and office. The accommodation is configured so that one of the letting rooms could easily be could be incorporated into the domestic accomodation if more bedrooms are required.

To the exterior the pub has a car park (8), a covered smoking area and a brick paved patio to the front with wooden and picnic bench seating for 40, with various planters and shrub borders. The overall site area is 0.26 acres (approx).

Fixtures & Fittings

We understand that the fixtures and fittings are owned by our clients and will be included in the sale.

Trading Figures & Turnover

The business currently trades all day everyday and has the benefit of a 2am Licence at the weekend. The pub has an enviable reputation for the letting accommodation and, despite limited marketing, enjoys continued repeat business. The business has an approximate trade split of 50%wet, 25% food, 25% accommodation/other. The accounts for y/e 2016 show an adjusted net profit of £55,161 with tremendous potential to improve trade for a new operator.  Further trading information can be provided to genuinely interested parties who have previously viewed the business premises.

Tenure

We are advised the property is Freehold. Our client will also consider a leasehold disposal and offer a new Free of Tie lease at a rent and term to be agreed.

 

Rates & Charges

Business Rates
£0.00 (based on a Rateable Value of £10,500)
based on 2017 Business Rates Estimate
Council Tax
Available on enquiry

Market Street
Staveley
Derbyshire
S43 3UT