Beer Garden
External Drinking Area
Car Park
Restaurant/Dining
Property details
Located in the desirable (and highly affluent) village of Ticknall, The Wheel Inn is also close to many other affluent villages of South Derbyshire and Leicestershire. The area is crying out for a great quality destination food offer. While the village is small, the surrounding areas mean over 200k adults are within a 20-minute drive, giving the Wheel the potential to be a proper drive-to destination. It also sits just next to the entrance of the wonderful National Trust-owned Calke Abbey, which attracts around 300,000 visitors per year. Popular with walkers and tourists, it offers a great opportunity to develop the pub's daytime offer to attract these visitors.
This is a fabulous village coaching inn downstairs with a more modern dining room/lounge upstairs serving a premium range of drinks alongside a food offering that offers a small but frequently changing menu with the highest quality local ingredients. The local area is lacking a premium pub with a great food offer, which is where the landlords see the opportunity for this site. The two-level operation means that the downstairs can operate as a traditional walker- and dog-friendly 'locals bar', while the upstairs lounge caters to those wanting to dine in a more modern, upmarket environment. The drinks range will include cask ales, a great selection of gins and other spirits as well as the opportunity to trade to more premium drinks from the core range of draught products.
The Wheel operates over two floors, with a village coaching inn downstairs and a more modern dining room/lounge upstairs. Both areas will be redecorated and the lounge/dining area will have a Mixture of new traditional and colourful loose furniture. The kitchen works will include new kitchen equipment.
The outside will be repainted and have new signage and downlighters. The outside trading areas will have the existing decking and balustrades redecorated & repainted and new timber posts installed with festoon lighting. There is a car park for easy access.
Private accommodation details are to be confirmed.
Catering Kitchen
Experienced Operator
Trading style
The pub will appeal to a wide cross-section of people. Daytime trade will need to focus on those looking for a trip out for lunch, such as older groups looking to meet up with friends or visitors to Calke Abbey and its grounds looking for a coffee and a light lunch. Evening and weekend trade is likely to be village locals of all ages looking for a drink in quality surroundings or the over-30s travelling for high-quality food.
The perfect operator for The Wheel will know the area well and have prior experience running a food-led business. They will take pride in their customer service skills as this is of paramount importance to ensure that customers in both trading areas feel part of the overall pub experience. Apply now to find out more about the investment.
Key financials
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Reference Number:
8M9JTW / 2303310101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£50,999.00
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Annual Rent:
£33,999.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £33,999
Estimated Annual Turnover £460,343
Deposit £8,500
Estimated Fixtures & Fittings Value £33,999
Estimated Stock Valuation £5,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £50,999
Estimated Minimum Ingoing Costs £50,999
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.