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Related Ads > North Yorkshire Business for Sale > Leasehold Pubs to Rent > Pubs in Knaresborough for Sale 

Busy Pub - Knaresborough, North Yorkshire - Huge Potential

Knaresborough North Yorkshire
A FANTASTIC BUSTLING PUBLIC HOUSE FAMOUS FOR ITS GREAT ATMOSPHERE SITUATED IN A POPULAR NORTH YORKSHIRE MARKET TOWN THERE CAN BE FEW PUBLIC HOUSES AVAILABLE WITH THE CONSTANT REPEAT AND PASSING TRADE AS WELL AS THE ENVIABLE POTENTIAL OF DEVELOPING LETTIN
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 15606
ADVERT IMPRESSIONS : 21,320 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Pubs
SALE: Agent Sale

LEASEHOLD:

£59950
 

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BUSINESS DETAILS:

Located in the heart of North Yorkshire, Knaresborough is a stunning market town, famous for its historical features and Wednesday market as well as being the home of characters such as Mother Shipton and Blind Jack.
Knaresborough itself is in the middle of the “golden triangle” being in between Leeds, York and Harrogate. All of these are within 25 miles of Knaresborough.

The property itself is a charming stone built premise, which was originally a row of terraced houses until 1920 when it was converted into a public house.
The corner facing main entrance leads directly into the lounge area of the pub, which has approximately **** covers. There is also a snug area to the right with large comfy leather settees. The bar area runs the length of the pub to the left hand side of the entrance, allowing a good vantage point over the whole pub. Past the lounge area leads (open plan) into the sports/games area. Here the pub is surrounded by large screen televisions as well as pool tables and a well positioned stage.
Upstairs is a newly refurbished function suite with capacity for ****, this was recently refurbished and was completed at a cost of approx £20,000. There is also a fully fitted commercial kitchen upstairs.
The pub is approximately 4000 square foot in total. There is one ladies WC and one Gents WC. The drinks cellar is below ground level.

The current licensees since purchasing the lease have invested heavily in developing the trade and are just beginning to reap the benefits of their efforts, however due to family reasons are needing to move from the area. The local trade is excellent and the turnover for last year of £481,750 INC V.A.T shows how strong that trade has been. However the accommodation and food trade has not been exploited whatsoever. With a fully fitted commercial kitchen and food lift between ground and first floor level, the scope for food is huge.
The pub also benefits from digital CCTV, full alarm systems and fire protection systems.

The lease is tied to draught beer and cider as well as bottled beer and cider. The new owners can take advantage of the free tie to purchase spirits and wine.
Development of the letting rooms would also provide the new owners with a substantial income stream all year round.
THIS REALLY IS A FANTASTIC BUSINESS OPPORTUNITY TO PURCHASE A SUPERB PUBLIC HOUSE WITH INCREASING TRADE AND HUGE POTENTIAL TO DEVELOP FUTHER AND INCREASE TURNOVER
   
  FOR SALE
   

REFERENCE:

0126 / RightBiz
   
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