Bulls Head, Bakewell

The Bulls Head is indeed a well-known pub in Youlgreave, which is located around 2.5 miles southwest of Bakewell, in the heart of the Peak District. Youlgreave offers a classic English countryside experience, with its charming limestone cottages and stunning natural surroundings. The village sits between the River Bradford and River Lathkill, providing access to a variety of picturesque walking trails and hikes that are perfect for exploring the area’s beauty​. The Bulls Head provides a quintessential village pub experience in this idyllic part of Derbyshire and is easy accessible via the local bus service or by car via the A6 or A515 roads.

Pub Layout

The Bulls Head makes an immediate impact with its traditional limestone exterior, which is typical of the Peak District region, particularly in a village like Youlgreave. Upon entering, guests are greeted by a well-stocked bar, offering a wide range of drinks, from cask ales to world gins and lagers. The bar serves as a focal point for social interaction, and the selection reflects the pub’s dedication to quality and variety. Adjacent to the bar is a cosy snug room. This space is intimate, seating around 20 people, making it perfect for small gatherings. The traditional seating, complete with cushioned benches and wooden chairs, adds to the comfort and charm. The darts board and TV make it a great space for both casual afternoons and lively evenings. The snug can also be closed off, allowing it to cater to private groups such as community clubs, walking groups, or large families who want a more personal setting for their visit. The main bar area mirrors the traditional and cosy feel boasting an open fire and it can hold around 40 covers, making it a great space to catch up with friends and enjoy some food and drink. The front of the pub has around six benches – an ideal spot to people watch in the warmer weather. To the rear is an enclosed paved external drinking space which can hold around 30 people and is home to garden benches and half moon covered seating, great for hosting summer community events.

The pub is a hub for locals and visitors alike, with its warm, welcoming atmosphere and homecooked meals drawing people in. There is a diverse product range and  the selection of drinks is impressive, from popular lagers to international gins, and an excellent cask ale line-up—appealing to a broad range of customers. Currently, the activity at the pub consists of a monthly open mic night and bi-weekly quiz night keep the community engaged and returning. There’s a great opportunity to expand or enhance these events to cater to an even wider audience. The pool table and darts board provide additional entertainment and the blend of tradition and opportunity here means the pub is already established, but there’s room to introduce fresh ideas while maintaining its core appeal.

Private Accommodation

The private accommodation is spacious ideal for a family with four bedrooms, sitting room, kitchen, and bathroom.

Annual Rent: £28,500

Security Deposit: £5,000

Working Capital: £4,000

Stock: £5,000

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

Fixtures and Fittings: Approximately £13,500 ex VAT –  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.

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

Admiral Taverns are seeking an experienced licensee with a background in catering. The food offer will require a hands on approach more so in the early days. You will need to be aspirational with vision and passion to drive all areas of the business in this rural location. This pub has a good reputation amongst the local community so the new licensee will want to continue the good work but also to unlock the many opportunities this multi facing business has to offer. Keeping up to date with the drinks offer and also the addition of local sports leagues and hosting regular competitions will almost certainly bring in fresh faces and ensure the existing customers are kept happy.

Stage two of the business offering will be unlocking developing the first floor where there are four unused guest rooms which could service the walking community and those enjoying the great outdoors. There is also a function room on this floor, which could become a huge asset to the retail offer (especially being the only pub in the area with one!) However fundamentally the priority needs to begin with the retail offer, standards and services before addressing the potential exciting opportunity

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 – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 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.  Please note, this only applies to pubs marked with an Asterix *