Pub Overview
Popular food-led Opportunity
On the outskirts of Buxton and the village of Burbage, the impressive Duke sits on the busy A53 into Buxton. The pub serves the local village and attracts diners from Buxton and beyond.
The recently redecorated Duke attracts customers who are looking for a premium food offer, supported by the great selection of cask ales, good wines, and excellent coffee. There are regular food-themed nights of the week including Curry Club, Grill Night, and Pie Night. Sunday lunches are very popular, and booking is essential. Atmospheric music with Friday early doors Jazz and regular Thursday Quiz nights.
Key Qualifications
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
1. Understanding of the local community
2. You know what it takes to build a successful business
3. 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...
Features
* Foundation Tenancy
* Cask Ale
* Outdoor Trade
* Private Accommodation
* Catering Kitchen
* Car Park
* New Deal
Trading Area & Facilities
There are 3 internal zones currently all set for dining. There is a separate high table area used for drinkers. The pub has feature wall panels and low beamed ceilings. There is a good catering kitchen to deliver the 50 covers.
The impressive and recently refurbished outside drinking/dining area has 4 covered tables and some external benches. A small car park for 6-8 cars, with some off-road parking available on the neighbouring streets.
Private Accommodation
The private accommodation consists of 2 double bedrooms, a dining room/kitchen, bathroom, and a separate office/store.
Pub Financials
Estimated Total Ingoing Costs: £27,381
Estimated Minimum Ingoing Costs: £11,244
Annual Rent: £20,924
Estimated Annual Turnover: £348,708
Deposit: £5,231
Estimated Fixtures & Fittings Value: £12,650
Estimated Stock Valuation: £6,000
Estimated Working Capital: £3,500
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.
Downloads
* Demographics Report
* Energy Performance Certificate
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