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Shady Oak, Whaley Bridge

Whaley Bridge, SK23 7HD

Your investment

£3,000

Agreement Type

Tenancy
  • Introductory rent at £50 per week (net).
  • Homecooked food.
  • Large car park.

The Shady Oak is located in Fernilee, a hamlet located a short distance from Whaley Bridge and Chapel en le Frith in the High Peak district of Derbyshire. Located on Long Hill Road the pub has fabulous views of the rolling hills and picturesque views of the Goyt Valley. The nearby River Goyt attracts tourists of which many are walkers however it has not become dominated by seasonal tourism like some other nearby towns and villages. Whaley Bridge continues to expand with new and re-developed housing but retains the character of a small town and has numerous shops and facilities as does Chapel en le Frith. The area has good transport routes – Whaley Bridge train station offers frequent services to Manchester Piccadilly, the main A6 Derby/Manchester Road is twenty minutes away and leads to the main motorway routes into Manchester.

Pub Layout

On entrance you are greeted by a long single bar servery with access to all trading arears. To the left of the entrance is a snug area with an open fire creating a warm welcome. To the right of the entrance is the main trading area which has a mixture of loose and fixed seating to facilitate both dining and social drinking. There is also a small, raised area (currently with a pool table) which can be used as a stage for live entertainment. The kitchen is located through the bar, with toilets located near the snug area. Externally there is a large car park with spaces for over twenty vehicles and a beer garden overlooking the beautiful, charming surroundings.  There are also letting rooms to add another income stream to the business.

The pub offers itself as a country inn whilst having a community feel. It is well supported by the locals throughout the year and tourists through the seasons. The current offer is home-cooked food with established cask ales and a good range of keg beers, wines, spirits and soft drinks.

Private Accommodation

The living accommodation is located on the first floor and consists of three bedrooms, a bathroom, kitchen and lounge.

Annual Rent: £19,000 – Starting rent available £50 per week for first 6 weeks. 

Security Deposit: £1,000

Stock: £2,000

F&F: Funding options may be available for the right licensee

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

 

Admiral Taverns are looking for enthusiastic and energetic licensee(s) with some catering experience. The potential licensee would look to continue and grow the food offer and create an activity plan to retain existing custom, attract tourist and new customers for drinking, dining by marketing the pub on all platforms including social media. A licensee to think outside the box to attract new custom in a highly desirable destination site.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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