Thriving Public House And Restaurant In North Yorkshire | | Undisclosed North Yorkshire | | Public house and restaurant, Easington North Yorkshire T/O: £200,000 GP: 50% Scope to increase turnover Loyal customer base Rural location Well-equipped 2-bedroom owners' accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68344
ADVERT IMPRESSIONS : 29,856 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £69,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Tiger Inn occupies substantial detached premises, ideally located on the main road running through the village of Easington in North Yorkshire. The premises benefit from ample private parking and are surrounded by numerous residential properties. The business boasts an ideal trading position in the North Yorkshire Moors National Park and enjoys picturesque views of the surrounding countryside. The seaside is just a short drive away making the village an ideal base for tourists. The premises boast easy access to the A-road network and Middlesbrough is 18 miles away.
Business History
Preferred Commercial is delighted to offer for sale this thriving public house and restaurant, which was established in 1962 and which has been in our client's careful hands since 2008. The pub is only now offered to the market due to our client's wish to retire. The business trades 7 days a week and generates a turnover in the region of £200,000 per annum with a gross profit of 50% with a wet/dry split of 70/30. The business offers an extensive traditional pub menu, ales, spirits and fine wines. We feel the turnover could be further increased by embarking on a modest marketing campaign. There is a website in place advertising services and food available. The business has an excellent reputation and is renowned for providing high quality food. There is 2-bedroom self-contained owners' accommodation to the first floor. The premises boast large grounds, which could be utilised for a number of uses, such as events, gigs or as a caravan park, subject to planning permission being granted. This is an ideal opportunity to acquire an already thriving public house and restaurant with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £200,000 approx.
GP: 50%
Opening Hours
Mon - Fri: 12:00pm to 11:30pm
Sat: 12:00pm to 2:00am
Sun: 12:00pm to 11:00pm
Accommodation Details
Substantial detached 2-storey public house premises with restaurant. Briefly comprising:
Ground Floor
• Lounge area with bar with 9 points of dispense, shelving, wine dispenser, optic displays, refrigerators, table and chairs and 2 x fireplaces
• Dining area with tables and chairs
• Commercial kitchen
• Beer cellar
• Ladies, gents and disabled WCs with wash hand basins
First Floor
• 2-bedroom owners' accommodation with kitchen, lounge and bathroom
External
• Extensive car park for up to 50 vehicles
• Beer garden with outside bar
• Barbeque area with seating
• Land
• Barn with potential for conversion to holliday cottage
• 7-Seater sign written mini bus available by seperate negotiations
Tenure
Leasehold
Original length: 5 years
Remaining: 3 years
Review: every 5 years
Rent: £20,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2660 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
