Property Description
A refurbishment investment of around £110,000 is planned to modernise The Roebuck, a Peak District village pub with letting rooms. The refurbishment will signal a clear step-change in standards to appeal to both locals and visitors. What would you do with this pub to make it a success?
The Area
The Roebuck is located right in the centre of the Peak District village of Chapel-en-le-Frith, one of several well-regarded villages in North Derbyshire and positioned in the foothills of the Peak District National Park. The area is served by train and bus links and Chapel-en-le-Frith is often referred to as the “Capital of the Peak”.
There are 4,222 people living within a 10-minute walk of the pub, with 3,388 of these being of drinking age. The surrounding demographics are predominantly medium affluence, with the largest target market aged between 45 and 54. There are seven competitor pubs within a 10-minute walk, most of which operate as small licensed eateries.
The Offer
The Roebuck is available on our investment tenancy agreement. Click here for more information on this agreement.
The planned investment includes a full internal redecoration of the trading areas alongside limited kitchen kit works. Externally, the scheme will deliver new signage, redecoration and improved lighting, helping signal a clear step-change in standards and appeal to both locals and visitors.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
Understanding of the local community
You know what it takes to build a successful business
You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter.
The Roebuck will be undergoing a refurbishment which will cover the internal trading areas of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading areas and facilities post-refurbishment will be:
Main trading area with bar
Separate dining area
30 internal food covers
Kitchen
Five letting rooms
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
The private accommodation consists of TBC number of bedrooms, kitchen, bathroom and lounge.
Premises licence available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Cask Ale
Kitchen
Letting Rooms
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
