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The Woodhouse, Queen Street, Tideswell, Buxton, Derbyshire, SK17 8PF

Offers Over
£700,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • A Multiple Property Site
  • A Freehold Restaurant Investment
  • A 3 Double Bed Family Cottage
  • Additional 1 Double Bedroom Lettings Cottage
  • Highly Desirable Peak District Location
  • Energy rating B
  • Christie & Co Ref: 5760508

Description

Location

Tideswell is a village in the Peak District of Derbyshire. It is situated 6 miles east of Buxton on the B6049. The population of approximately 1500 it the second-largest settlement within the National Park, after Bakewell. Local attractions include Chatsworth House and its estate, Tideswell own Cathedral of the Peaks, the Monsal Trail and the numerous Peak District walks, Crich and its Tramway village and Buxton attractions including Poole’s Cavern and Peveril Castle. There is also the Heights of Abraham, Gulliver’s Kingdom and much more with a short drive.

Ground Floor

At the front and ground floor of the property there are gates which lead to a courtyard for the restaurant which provides around an additional 10 to 15 covers. The restaurant is spacious, bright and the main dining hall has a vaulted ceiling which adds to the relaxed environment. There is a further dining hall, bar servery, customer toilets and plenty of storage. In total the internal covers equals circa 55. The commercial kitchen is ideal for the number of covers and leads to further useful storage. The restaurant is currently let on an 8-year lease at £20,400pa. Further details are available.

Other Floors

Sitting on the first floor, is the main residence which benefits from its own entrance or can be accessed via the restaurant. The accommodation offers many period features and modern-day comforts and is deceptively spacious. It includes an excellent sized living room with feature fireplace and views overlooking the restaurant towards the village and beyond, a modern fitted kitchen, family bathroom, 3 bedrooms including 1 with an ensuite.

Financial Information

The Restaurant is currently let on an 8 year lease starting 01/11/2022 at £1700pcm or £20,400 pa.
The Annex/Airbnb is very popular and has only been used as lettings accommodation since the start of April 2023. It is let at £120 per night with a minimum 2-night stay and the cost during July and August increases to £140 per night. The income over the last 3 months has equalled to around £3,500, with the school summer holidays then this is likely to increase significantly through more lettings during the weekdays as well as the weekends. We conservatively anticipate that the income for the whole year would equal around £15,000 pa.
This would bring the total income to around £35,000 pa plus the occupation of a beautiful home.

Letting Accommodation

In addition to the family residence there is an annex or 1 bedroom cottage which is currently used for short term lets. It has been very successful as would be expected of what is, a well presented spacious split level self-contained space. The lower of the 2 levels is a full height living space brightly lit by some large sky light windows and is ideal for chilling out after venturing out in the countryside. An open plan staircase leads to a unique dining space and modern open plan kitchen. There is a good-sized double bedroom and modern shower room.
All aspects of the property have independent access points and there are outside spaces for the restaurant and 2 patios for the main residence and lettings cottage.

The Opportunity

This listing is an ideal opportunity to be the owner of a cottage and freehold owner of a restaurant (which is subject to an ongoing lease) and in addition the listing includes a 1 bedroom lettings cottage suitable for short term lettings. The property is located in the village of Tideswell in the heart of the Peak District in Derbyshire recently described as an "idyllic" spot that is "utterly gorgeous" by countryside guide website Muddy Stilettos, Tideswell was recently named on the website's list of best places to live in Derbyshire.

This opportunity would ideally suit an entrepreneurial vendor to take advantage of both the income from the restaurant and the lettings cottage whilst living in a spacious family home. The property is built in Derbyshire stone and whilst the restaurant fronts the roadside the residential part of the property is set back and is elevated. It includes a number of original features combined with spacious sized rooms and sympathetic and contemporary decor. Viewing is strongly recommended to fully appreciate the full benefits of such an opportunity.

Tenure

We are seeking a Freehold Sale which would include the acquisition of the restaurant subject to its existing lease.

Energy Performance Certificates

EPC 1

Brochures

The Woodhouse, Queen Street, Tideswell, Buxton, Derbyshire, SK17 8PF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dove Holes Station5.1 miles
  • Hope Station5.2 miles
  • Bamford Station5.6 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Pubs & Restaurants

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Disclaimer - Property reference 5760508-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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