Deacon's Bank, Market Street, Chapel-en-le-Frith, High Peak, SK23

Offers in region of

£40,000

Size

958

Tenure

Leasehold

EPC

Parking

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Primary use
Restaurant
Other use(s)
Café, Bar or nightclub, Commercial kitchen or dark kitchen, Other leisure

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links
  • Kitchen
  • Restaurant
  • Event spaces
  • Outdoor seating
  • Security system

Key features

  • Listed in the Michelin Guide as Modern British
  • Two AA Rosettes for three consecutive award years, and featured in The Times
  • Character Grade II listed former Williams Deacon's Bank building, restored and fitted to a high standard
  • Chef's counter set at the original bank vault doorway into the kitchen
  • Fully fitted, turnkey premises with a well-equipped commercial kitchen, largely landlord-owned
  • Main dining room and bar, separate second dining room and landscaped rear garden
  • New lease available directly from the freeholder at £36,000 per annum
  • Comprehensive handover from the current operator and team
  • Two apartments above may also be available by separate negotiation
  • Full trading and profit figures available to serious enquirers following a non-disclosure agreement

Description

Deacon's Bank is an established Modern British restaurant occupying an impressive Grade II listed former Williams Deacon's Bank building in the centre of Chapel-en-le-Frith, a Peak District market town. The business is offered at an asking price of £40,000. A new lease is available directly from the freeholder, and the premises are fully fitted and ready to trade.

Since opening in July 2023, the restaurant has been listed in the Michelin Guide, has held two AA Rosettes for three consecutive award years and has been featured in The Times. Alongside à la carte and tasting menus, the restaurant has traded Sunday lunches, afternoon teas, private dining, weddings and ticketed events.

The building combines carved stonework, sandstone piers and exposed timber beams with a contemporary fit-out. The accommodation includes a main dining room and bar, a separate second dining room, and a chef's counter set at the original vault doorway into a well-equipped commercial kitchen. To the rear is a landscaped garden with a terrace and decking. Most fixtures, fittings and equipment are landlord-owned and will remain available for the incoming operator's use.

The restaurant trades five days per week, Wednesday to Sunday. The freeholder is open to either continuing the Deacon's Bank concept or introducing a new one. The current operator and team will provide a full handover. Two apartments above may also be available by separate negotiation.

Tenure: Leasehold. A new lease will be granted directly by the freeholder at a commencing rent of £36,000 per annum (£3,000 per calendar month). Further lease terms are to be agreed with the freeholder.

Business rates: The VOA advises a Rateable Value of £13,000, effective from 1 April 2026. Tapered Small Business Rates Relief may be available to a qualifying purchaser. Interested parties should make their own enquiries with the local authority.

Size: The stated floor area is the VOA net internal area of the ground-floor restaurant accommodation and excludes the outdoor seating, terrace and garden.

Trading and profit figures are available to serious prospective purchasers following the signing of a non-disclosure agreement and a viewing.
Additional information
Service charge
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Business rates
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Use class
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Year renovated
2023
Listed building
Yes
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: G

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
The current EPC rating is G (score 154, valid until 7 December 2030). The existing EPC predates substantial refurbishment works undertaken at the property. The landlord is in the process of commissioning an updated EPC assessment, which will be made available once completed.
Read more about energy considerations for commercial property

Brochure

Deacon's Bank, Market Street, Chapel-en-le-Frith, High Peak, SK23

NEAREST STATIONS

National Rail

Chapel-en-le-Frith Station

0.78 miles

National Rail

Chinley Station

1.66 miles

National Rail

Dove Holes Station

1.92 miles

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Disclaimer - Property reference R37209V. 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 EMF, Midlands. 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.