Peak Venues has put the freehold of three freehold hospitality businesses in the Peak District up for sale.
The portfolio comprises the Royal Oak pub (pictured), which is set on a 2.2-acre site and offers extensive indoor and outdoor dining, staff accommodation, a bunk barn, a seasonal campsite and parking. The pub, which is one of the busiest in the Peak District, has a guide price of £1.5m.
Peak Venues is also selling the Yondermann Café, which has a guide price of £600,000, and the Bull I’th Thorn pub, which has rooms to let and a campsite and is guided at £1m. Each property is available individually or as a portfolio.
Justin Heslop, director of Peak Venues, said: “After 40 years in the industry, including two decades operating food and beverage venues in the Peak District, this is the right time for us to step back from the hospitality trade and refocus on Peak Venues. The Royal Oak, the Yondermann and the Bull I’th Thorn are all performing strongly and at the top of their game with a strong team in place. The businesses are perfectly positioned for the next operator to take them forward, while we concentrate on expanding our property agency and accommodation portfolio.”
Tim Martin, divisional director at Fleurets North West, which has been appointed to market the opportunities alongside Savills, said: “This is a rare opportunity to acquire one or more highly successful hospitality businesses in the heart of the Peak District. Each site is available individually, offering flexibility for both independent operators and investors looking to expand their portfolio.”
