Princess Victoria

174 - 176 South Parade, Matlock Bath, Derbyshire, DE4 3NR

 

 

Description of the pub

The Princess Victoria is situated on the prominent, picturesque crescent South Parade in Matlock Bath. Being in one of the most beautiful parts of the Derbyshire Peak District, the area is a mecca for tourists in the summer months. The pub has one bar servery which accommodates a bar area on the ground floor and a first floor restaurant/function room with beautiful views over the River Derwent. It has a well-equipped catering kitchen and an excellent three bedroomed self-contained holiday apartment.

 

The living accommodation

There are three bedrooms with a lounge, bathroom and kitchen.

 

Brief description of the present trading environment

Current trade is driven through wet sales with a quality cask ale offer. Summer months are proving to provide the best opportunity within the business due to the tourist population. Letting accommodation is also providing an additional income stream.

 

Licence details

Alcohol Sales

Monday – Sunday: 10:00 – 02:00

 

Live Music

Monday – Sunday: 12:00 – 23:30

 

Opening Hours

Monday – Sunday: 09:00 – 03:00

 

The cost of taking the pub on is £1,000, plus stock at valuation, valuation fees and working capital.

 

The experience and qualities we consider desirable in order to run this type of business include having good marketing skills to be able to attract local business and shoppers. The ideal tenant will understand and be able to identify new night time opportunities as well as develop the daytime offer. Good attention to service and standards will be essential.

 

Business agreements available

This pub is available on a Tenancy at Will  The pub can be let on a standard tenancy arrangement of a subsidised rent and standard pricing, or Profit Partnership Plus pricing with the rent adjusted accordingly.

 

Details of the catchment area

Although there is housing in the area, the main catchment for the Princess Victoria is tourism.

 

Details of local facilities

All main facilities are provided in Matlock which include schools, doctors, swimming pool, sports facilities, shopping, banking etc. 

 

To download the Facts Sheet please click HERE 

To apply or find out any further information on the Princess Victoria or any of our other vacancies please click HERE

 


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Drink Aware

Please note that alcohol can only be purchased by those aged 18years and over and at Batemans we urge all our customers to drink responsibly. For further information on suggested limits and how to drink responsibly please go to drinkaware.co.uk

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