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Pub/bar for sale

£24,995

1 Jessop Street, Ripley DE5

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Property description

Business
Freehold maybe available upon separate negotiation.

Our client is also selling The Bunny Hop Ale House; our reference 14208. The Bunny Hop Ale House is located in Langley Mill, Nottingham.

The business has been operated by the current vendors for a couple of years, established itself as a must go to venue within Codnor and the surrounding area.

The business serves a great range of beers, wines and spirits as well as focusing on a popular real ale contingent. The site is set firmly on an upwards trajectory with the current operators having established themselves within the community; and have begun to build the business up to its current level and it still continues to grow.

The site is currently wet led and is now looking to introduce a food element within the new kitchen to satisfy local demand and also to expand the business further. The site has a pool table and darts board as well as having sky sports available which can be viewed on numerous screens around the trading area with the main screen also being retractable.

The site has been completely refurbished throughout and has the added benefit of comfortable living accommodation to the first floor, which comprises of a two bedroom apartment with en-suite facilities as well as a separate bathroom. The site also has the benefit of a good size beer garden with seating and umbrellas, as well as an additional storage and bbq area.

The Codnor Inn is a rare and exciting opportunity for a new operator to take a rapidly expanding business to another level.

The site is privately owned and free of tie giving the new operator autonomy and flexibility to grow the site and reap the rewards of their efforts within a popular and picturesque part of Derbyshire.

Location
Situated towards the end of Jessop Street in the heart of the sought-after Derbyshire village of Codnor.

The site sits at the end of a residential street with on street parking to the front as well as in and around the subsequent residential area. The site is easily accessible from the main road through the village which is a through route from the M1 to the surrounding areas.

Premises
Semi-detached premises located towards the end of terraced street.

The site has been completely refurbished throughout conforming to all current regulations.

On entry is a large seating area with bar to the rear. This space is open with plenty of scope to add further seating.

Equipment includes:

All seating and table units.

Fully fitted kitchen with preparation counters, stove and refrigeration units.

Bar furniture, shelving, mirrors and operating equipment that is not currently under a lease agreement.

On the first floor is a two bedroom apartment with en-suite facilities, a separate bathroom, lounge and kitchen.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £1,191 per month.

The landlord would also consider selling the Freehold site to the new operator.

Hours
The opening hours are currently 12pm to 12am seven days a week.

Staff
The business is being managed by the current vendor with the assistance of 5 x part time staff.

Financial Profile
We are advised the business is currently turning over in the region of £10,000 per month on an upwards trajectory with the site currently 100% wet led.

What Zoopla users think of Codnor

Overall rating:

  • currently 3 stars
Good - 63% (11 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 2.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 3 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Codnor:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Langley Mill (2.5 miles)
  • Alfreton (4.2 miles)
  • Ambergate (4.5 miles)
  • East Midlands Airport (14.6 miles)
  • Robin Hood Airport (33.8 miles)
  • Manchester International Airport (43.1 miles)
  • Hull Ferry Terminal (66.6 miles)
  • Liverpool Pier Head Ferry Terminal (71.7 miles)
  • Liverpool Isle of Man & Dublin Terminal (71.8 miles)

Nearby schools

View all schools in Amber Valley
  • Codnor Community Primary School Church of England Controlled (0.2 miles)
  • Waingroves Primary School (0.3 miles)
  • St John's CofE Primary School (1.0 mile)
  • Unity Academy (10.4 miles)
  • Nottingham University Academy of Science and Technology (10.7 miles)
  • Channeling Positivity (11.6 miles)
  • The Ripley Academy (0.7 miles)
  • Aldercar High School (1.8 miles)
  • Heanor Gate Science College (2.0 miles)
Note: Distances are straight line measurements

Local info for Amber Valley

About the neighbours in DE5

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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