Duke Burbage

123 St Johns Road, Buxton, SK17 6UR

  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage
  • Duke Burbage

Duke Burbage

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.

Experienced Customer focussed Operator

This is the perfect opportunity for an operator who likes to get involved with their local community. You will need exceptional standards to deliver a high-quality food offer and great customer experience.

Pub Features

  • Rolling Tenancy
  • Outdoor Trade
  • Private Accommodation
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

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 was recently redecorated to a high standard and has feature wall panels and low beamed ceilings. There is a good catering kitchen to deliver the 64 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/kitchen, bathroom and a separate office/store. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.

Premises Licence Details

Please refer to the Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 12:00 - 11:00

Financials

Annual Rent £
27,658
Estimated Tenants Annual Operating Profit £
27,656
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
416,280
Estimated Annual Barrelage
197

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
6,915
Rent In Advance £
532
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
30,057
Estimated Minimum Ingoing Costs £
11,142

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,524
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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 assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased