For Sale
PUBLIC HOUSE AND RESTAURANT Delightful village location Working on gross margins of circa 57% Run over a six day week, closing at 10pm Extensive commercial kitchen with an impressive array of catering equipment Weekly turnover £40,000 REF 590750. Business and Property, Offers Around £1,595,000 North Yorkshire
£1,595,000
ID:
590750
Listed:
15/10/2024
Tenure:
Freehold
Details
PUBLIC HOUSE AND RESTAURANT in North Yorkshire for Sale.
Substantial, freehouse with restaurant, beer garden and particularly spacious car park, set in this delightful village near Scarborough. The business which enjoys an enviable reputation achieves a particularly impressive weekly turnover of £40,000, whilst working on gross margins of circa 57% on latest available accounts. This is perhaps the best pub in the county that we have offered for sale in many years and produces superb net profits for our clients. This is genuinely a VERY RARE OPPORTUNITY to acquire such a successful pub with extensive freehold property which has had substantial sums lavished upon it. Wet sales, circa 27% with the balance on dry sales with the restaurant benefitting from a Five-Star food hygiene rating.
The business is run over a six day week and given its location, is frequented by huge numbers of tourists and day trippers during the summer months and operates on reduced hours during the winter months. Pub closes at 10pm, allowing for a better worklife balance, despite having the benefit of a later licence, (see Licensing Act 2003 - Premises Licence Register as at 12:14 on 9 October 2024 (scarborough.gov.uk) for full details of the premises licence). Operated by our clients with a full team of competent staff, the business is relatively easy to run and would suit private owners or make an ideal, corporate acquisition.
Premises briefly comprise beautifully furbished bar area with stunning bar and with surrounding dining / drinking and shuffleboard, games area which has been carefully designed to allow for this area to be brought back in to use as a dining area as and when required. Lower dining area leading through to the conservatory dining room with access to the beer garden via French doors. Additionally, there is a more formal dining room with wood burning stove. Ladies and gents WCs. Extensive commercial kitchen with an impressive array of high quality catering equipment including a four-pan, Florigo, fish and chip frying range and excellent extraction system. Walk in cold-room, dry store and spacious pot wash area. Beer cellar with additional cold storage area.
First floor: The first floor is currently used as storage and private offices and consists of staff room, WC, plant room, large store room, office, unused room, fitted kitchen, unused lounge, combined bathroom, store room and office.
Externally: Substantial car park and beer garden. The property also benefits from an extensive solar power system.
VIEWING HERE IS NOT ONLY HIGHLY RECOMMENDED BUT ESSENTIAL AS THIS IS AN OPPORTUNITY THAT IS VERY RARELY SEEN.
Stock £35,000.
Substantial, freehouse with restaurant, beer garden and particularly spacious car park, set in this delightful village near Scarborough. The business which enjoys an enviable reputation achieves a particularly impressive weekly turnover of £40,000, whilst working on gross margins of circa 57% on latest available accounts. This is perhaps the best pub in the county that we have offered for sale in many years and produces superb net profits for our clients. This is genuinely a VERY RARE OPPORTUNITY to acquire such a successful pub with extensive freehold property which has had substantial sums lavished upon it. Wet sales, circa 27% with the balance on dry sales with the restaurant benefitting from a Five-Star food hygiene rating.
The business is run over a six day week and given its location, is frequented by huge numbers of tourists and day trippers during the summer months and operates on reduced hours during the winter months. Pub closes at 10pm, allowing for a better worklife balance, despite having the benefit of a later licence, (see Licensing Act 2003 - Premises Licence Register as at 12:14 on 9 October 2024 (scarborough.gov.uk) for full details of the premises licence). Operated by our clients with a full team of competent staff, the business is relatively easy to run and would suit private owners or make an ideal, corporate acquisition.
Premises briefly comprise beautifully furbished bar area with stunning bar and with surrounding dining / drinking and shuffleboard, games area which has been carefully designed to allow for this area to be brought back in to use as a dining area as and when required. Lower dining area leading through to the conservatory dining room with access to the beer garden via French doors. Additionally, there is a more formal dining room with wood burning stove. Ladies and gents WCs. Extensive commercial kitchen with an impressive array of high quality catering equipment including a four-pan, Florigo, fish and chip frying range and excellent extraction system. Walk in cold-room, dry store and spacious pot wash area. Beer cellar with additional cold storage area.
First floor: The first floor is currently used as storage and private offices and consists of staff room, WC, plant room, large store room, office, unused room, fitted kitchen, unused lounge, combined bathroom, store room and office.
Externally: Substantial car park and beer garden. The property also benefits from an extensive solar power system.
VIEWING HERE IS NOT ONLY HIGHLY RECOMMENDED BUT ESSENTIAL AS THIS IS AN OPPORTUNITY THAT IS VERY RARELY SEEN.
Stock £35,000.
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