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New Inn Buxton

2-3 MARKET PLACE, Buxton, Derbyshire, SK17 6EB
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Beer Garden
Dogs Welcome
Entertainment
Family Friendly
Food
Great Cask Ales
Parking
Walks
Wi-Fi

Area Overview

The New Inn overlooks the Market Place, close to Buxton Town Hall in the upper part of the Town. With a population of 22,000 Buxton is an affluent market town, surrounded by the Peak District National Park and with a thriving arts scene, with theatres and festivals it hosts numerous cultural events throughout the year. Buxton, known as the gateway to the Peaks, attracts both day trippers and longer stay tourists, the numerous attractions within the town, combined with the wide selection of independent retailers and high street brands ensures a busy welcoming atmosphere in the town. Buxton is also home to a campus of the University of Derby with a sizeable student population studying in Buxton.

Private Accommodation

The domestic accommodation is arranged over two floors, on the first floor there is one bedroom, a large lounge, kitchen and bathroom. On the second floor there are a further six bedrooms. In addition there is a third attic floor which is currently unused and has restricted access.

Property Address

New Inn Buxton 2-3 MARKET PLACE
Buxton
Derbyshire
SK17 6EB

Website

New Inn

Pub location on map

Overview

The New Inn is an attractive, mid-terraced pub, built from local stone and facing onto the Market Place in the centre of Buxton, the highest market town in England, famous for its Natural Spring Water and Georgian Architecture. The New Inn was recently refurbished and is in good condition throughout. Trade at the New Inn should focus on cask ales, bottled craft beers, quality wines and spirits, as well as regular entertainment with a quirky alternative feel. Ideally, we are looking for a couple with some licensed trade experience but, more importantly, a real passion for quality cask ales as this is an area that could be further developed. A catering kitchen has also been installed to help provide an opportunity to develop a food trade to complement the existing trade at the New Inn.

Trading Accommodation

This pub has been refurbished to a high standard. There are two trading rooms at the New Inn, the main lounge bar with its feature bar servery, wooden floors and open fire is the main trading area. To the rear is a second snug, which has a serving counter and a welcoming cosy feel, the snug can also be used for meetings and small functions if required. A brand new catering kitchen has been installed on the first floor enabling bar food to be prepared and served. Marketing support will be made available to the new licensee to launch this offer. There is a small drinks terrace to the front of the pub overlooking the busy market place.

Financials

Rent: £16,000 per annum
Potential FMT turnover: £252,357
  • Accommodation
    £N/A
  • Beverages
    £229,557
  • Food
    £20,800

Barrelage

A barrel is a unit of measurement adopted by the pub and brewing industry. A barrel is 36 gallons or 288 pints. This excludes wines, minerals and spirits.

FMT Barrelage 200
Current MAT Barrelage 166
Last Year's MAT Barrelage 208
2 Years Ago MAT Barrelage 127
3 Years Ago MAT Barrelage 153

Discounts excl VAT

This rent assessment includes a discount of £65 per barrel on Robinsons beers and up to £75 on other beers and ciders.

Level Of Investment

This is a one-off payment made at the start of the vacancy agreement. All figures are estimates and exclude VAT.

4 Week's Rent £1,230
Trading Deposit £5,000
Professional Fees £1,800
Stock & Glassware £5,000
Sub Total £11,800
Fixtures & Fittings TBC

Disclaimer

FMT barrelage: Please note that this assessment is based on the "fair maintainable trade" that can be achieved by a "reasonably efficient operator" and is not therefore a guarantee of volume or consequential sales or profit.

Similarly Historic performance, whilst a significant factor to consider, is not a guarantee of future performance of a pub and you should bear this in mind in your assessment of trading potential.

Please complete our short and simple form below to send us your enquiry. We'll get back to you as soon as possible.

This form is for tenanted vacancies. If you are interested in managed opportunities please check out our careers page.

Contact Details
Enquiry
We'd love to hear from you! Whether you're new to the industry and looking for some guidance/information, or you're a cask ale connoisseur, we're sure to have a pub that's just right for you. Please use our enquiry form and we'll get back to you as soon as possible. Alternatively, call us on 0161 612 4112.