Prominent freehold Chesterfield pub with cellar, patio and clear upside for an operator or investor.
Freehold town-centre pub with corner position and good street visibility
Ground-floor public bar, lounge, dining room and central bar servery
Basement beer cellar, vaulted stores and rear beer patio included
Two-bedroom living accommodation; attic and former function room dilapidated
Requires renovation, modernisation of services and likely energy upgrades (E-124)
Situated in Conservation Area — planning constraints for alterations
VAT payable; offers invited over £300,000 plus VAT, vacant possession
Located near station and town hall; local crime level is very high
A substantial freehold town-centre pub in Chesterfield with traditional character and clear income potential. The Hidden Knight occupies a prominent corner position within the Conservation Area and includes ground-floor trading rooms, a central bar servery, dining area (c.16 covers), basement beer cellar/store and a rear beer patio — all useful for immediate re-opening as a licensed venue.
The property includes two-bedroom owner’s accommodation plus attic rooms and a former first-floor function room; both are currently dilapidated and will need refurbishment. The building requires renovation and modernisation (services and cosmetic works) to maximise trade or alternative commercial conversion potential. EPC E (124) signals energy upgrades are likely needed.
This is best suited to an operator or investor prepared to carry works and navigate conservation-area planning constraints. The location is strong for town-centre footfall (near town hall and rail station), with excellent mobile signal and fast broadband. VAT is applicable and offers are invited over £300,000 plus VAT — vacant possession on completion.
Material negatives are not hidden: parts of the first floor and attic are dilapidated, the EPC is poor, and the site sits in a higher-crime area which may affect evening trade and insurance costs. Prospective buyers should budget for refurbishment, potential licensing/legal costs, and possible conservation-led consents.