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Michelin Guide Listed, 2 AA Rosette Restaurant In Former Bank - Chapel-En-Le-Frith, High Peak For Sale

Chapel-en-le-Frith, Derbyshire, UK
Asking Price:
£40,000
Turnover:
£380,000
Net Profit:
Undisclosed

Key Features:

  • Michelin Guide listed, 2 AA Rosettes
  • 2024 restaurant turnover approx. £380,000
  • Former bank building with landscaped garden
  • New lease from freeholder at £36,000 pa
  • Full handover from operator and team
  • Two apartments potentially available

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. It 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. Restaurant turnover was approximately £380,000 in 2024, and sales of approximately £330,000 were recorded in the nine months to September 2025. 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.

Asking price £40,000 - business and goodwill
2024 restaurant turnover approx. £380,000
Michelin Guide listed - 2 AA Rosettes
New lease direct from freeholder at £36,000 pa
Character Grade II listed former bank with commercial kitchen and rear garden
Comprehensive handover from current operator and team

Offers Around £40,000 | EMF Ref: R37209V

By requesting information about this business, you agree to be contacted by EMF regarding this enquiry and other relevant opportunities. You may opt-out at any time.

Property Information

Property:

Leasehold

Living Accommodation:

Accommodation Included.

Business Operation

Employees:
6