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Golden Fleece Chesterfield

Pubs & Bars • S40 1PS Management opportunity
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Summary

Refurbishment Planned!The Golden Fleece sits within Chesterfield town centre, only five minutes from the local shopping centre. Due to its location, the pub has the potential to attract a variety of customers from families to groups of celebrating friends.

Description

Refurbishment Planned!The Golden Fleece sits within Chesterfield town centre, only five minutes from the local shopping centre. Due to its location, the pub has the potential to attract a variety of customers from families to groups of celebrating friends. The pub currently focuses on day trade - coffees and value pub lunches are popular with customers.Stand out interior - The pubs quirky internal layout means it is a pub people will remember, and is one of the best opportunities out there for a new operator. Daytime customers will be locals and visitors to the market and the town centre. This may be older consumers wanting smaller sized portions or a lighter option. The Golden Fleece will also attract post work groups and mixed groups in the evenings and at weekends. A new hotel nearby may also help boost midweek trade with professionals away for work, wanting a bite to eat away from the hotel, maybe a few pints and to enjoy live sport.During the evening, the pub is known for its private functions, and there is also a small outdoor trade area on site.Local Operator WantedFor The Golden Fleece, we are keen to partner with an operator who understands the importance of quality customer service and food. Prior experience marketing and running private functions would be beneficial.Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Upfront cost

£51,141
Cost type: Upfront

Key facts

Upfront cost
£51,141
Turnover (annual)
£574,335
Rent
£39,163 (annual)

Location

S40 1PS
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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