Cock & Magpie, Chesterfield

Pub Layout

This charming traditional country pub is housed within a picturesque stone property, beautifully preserving original features such as low-level beamed ceilings that add character and warmth. Central to the pub, the bar stands out with its premium product offerings, serving both the lounge and bar sections. The bar combines fixed bench seating with versatile low-level tables and stools at the front, all set on a welcoming wooden floor. Entertainment options include wall-mounted TVs for televised sports and a darts board with an oche for enthusiasts. Located at the back, the conservatory provides a modern dining space enhanced by an internal wooden wall, creating a stylish rustic-chic ambiance. Adjacent to this area are additional dining tables and chairs, as well as a carpeted section ideal for lighter lunches. The lounge offers a cosy atmosphere with snug booths, a mix of bench and low-level seating, comfortable sofas, soft furnishings, and carpeted floors, perfect for relaxing and socialising. A fully functional trade kitchen is situated alongside the lounge and conservatory, ensuring efficient service. A passageway leads to the toilets, adorned with artwork celebrating the pub’s rich history. Outside, guests can enjoy seating on six wooden benches at the front of the pub. Additionally, there’s a car park accommodating approximately eight vehicles.

The Cock & Magpie is a quintessential village pub that radiates traditional charm, offering an inviting and cosy environment for its customers. This local establishment masterfully combines the essence of a classic English pub with modern amenities, ensuring a perfect blend of old-world charm and contemporary comfort. The Cock & Magpie is known for its daily food offerings, which feature a variety of dishes crafted from fresh, locally-sourced ingredients complimented by a well-curated selection of drinks, including local ales, fine wines, and spirits. The Cock & Magpie serves as a vital part of the community, it’s a cornerstone of the community, where tradition meets modernity and a place where locals gather to socialize, celebrate, and connect. The pub’s history and charm are deeply intertwined with the village, making it a cherished venue for events and gatherings.

Private Accommodation

The private accommodation consists of two double bedrooms, one single bedroom, living room, kitchen, bathroom and office.

Annual Rent: £20,500

Security Deposit: £5,000

Working Capital: £2,000

Stock: £5,000

Fixtures and Fittings: To be confirmed upon valuation –  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.

The Cock & Magpie would greatly benefit from the expertise of a fully funded, multi-skilled licensee capable of maximising trade from both the bar and a well-curated menu. The ideal applicant will have the experience and vision to unlock the growth potential of this business by leveraging its unique offerings and engaging with the local community. A deep understanding of the bar’s beverage offerings and the ability to curate a menu that complements this, the venue and its surroundings will be key. Developing and implementing a detailed marketing plan to attract and retain customers including traditional marketing strategies as well as being proactive in using social media to promote the venue and its events whilst maintaining and enhancing the venue’s historical ambiance will ensure the right licensee will be able to significantly grow the business, ensuring that The Cock & Magpie remains the hub of the local community.

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 *