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George Inn

Pubs & Bars • Tideswell, Derbyshire Management opportunity
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Summary

The George Inn, is a traditional English pub, located in the Village of Tideswell. Tourism and the local community are at the heart of this pub, with four letting rooms and regular events which can be hosted in the first-floor function room, key to its success.

Description

Traditional freshly prepared food and a great local wet trade are at the heart of the pub and the letting rooms enjoy good occupancy rates. The George should strive to be the best pub locally, known for great ale, good food and a comfortable place to stay. The rear courtyard has been improved and invested in recent years, making it a great spot when the weather is warm. This is a great opportunity for an operator with experience in running a pub with rooms. Someone who can embrace the community, build a strong reputation for great service, great hospitality and a great offer could really thrive here. Key facts • Annual rent: £39,790 • Upfront cost: £23,750 • Forecasted operator turnover: £464,651 • Forecasted operator profit (inc machine): £39,706 • Forecasted operator machine profit: £2,250 • Type of tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List • Machine product agreement: Unrestricted (100% to licensee) Entry costs Entry cost is approximately £23750 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings. Trading space As you enter the pub the bar is offset slightly to the right. The left-hand side is set up for dining, with access to the rooms straight ahead. In total there are 4 rooms to let. The opposite side is designed for more casual drinking and socialising. The courtyard is to the right and then rear with mixed seating, tables, booths and a covered veranda. The function room on the first floor. Private accommodation There is a 3 bedroom flat on site.

Upfront cost

£23,750
Cost type: Upfront

Key facts

Upfront cost
£23,750
Turnover (annual)
£464,651
Rent
£39,790 (annual)

Location

Tideswell, Derbyshire
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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