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Stunningly Refurbished Public House With Letting Rooms Knaresborough

Knaresborough North Yorkshire
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.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 29525
ADVERT IMPRESSIONS : 29,763 TIME(S)

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

LEASEHOLD:

£169950

ANNUAL RENT:

£40000
 

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BUSINESS DETAILS:

This stunning and lovingly refurbished public house is genuinely one of a kind and offers tremendous growth potential on both wet and dry sales as well as letting development.
The business underwent a massive refurbishment project during to 2008 and has been restored to a fantastic standard yet keeps its “olde worlde”feel having kept many of its traditional features including an old priest hole!
The pub is situated right at the heart of its community and has always had a superb reputation since its inception back in 1759.
It has a loyal following of local customers across a variety of ages, and also has a growing reputation for its food and service. The business is also well situated for passing trade and therefore picks up large numbers of passing customers who come to the town in their thousands each year.
The business comes fully fitted and equipped and there is nothing at all to be done to the interior or exteriors, having had a complete face lift during renovation including new colour scheme as well as stunning touches such as the dark granite flooring in the lounge areas.
The business has regular income streams from wet sales, food sales and letting room sales, enabling it to continue with a high profit margin and with each income stream complimenting the next.
There is fantastic scope to develop trade, which is still increasing monthly as new customers find out about the refurbishment. There is potential to take over the running of the kitchen, which is currently sub let to a chef who simply pays a rental for use of the kitchen, a new owner may wish to run this themselves to maximise profits. There is also scope to use some of the spacious owners accommodation above the pub as further letting rooms.
The current owners have had the pub for over 5 years in total, and have spent all their time in restoring and growing the trade of the pub. Now entering a time in life where they wish to relax somewhat and pass the business to an as enthusiastic operator who can push it to its full potential.
A WONDERFUL OPPORTUNITY TO RUN A TRULY UNIQUE AND TRADITIONAL BRITISH PUB WITH IMMENSE POTENTIAL FOR DEVELOPMENT YET NO NEED FOR FURTHER REFURBISHMENT
   
  FOR SALE
   

REFERENCE:

0220 / RightBiz
   
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