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Freehold Former Pub with Luxury Accommodation and Licensed Restaurant for Sale in York

York, North Yorkshire
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Licenced Trade, Pubs & Clubs For Sale in York Photo 1
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  • Freehold: £350,000
  • Turnover: £182,000 (£3,500 Per week)
  • Net Profit: Not Applicable

Business Details

Licenced Trade, Pubs & Clubs For Sale in York

FREEHOLD FORMER PUB WITH LUXURIOUS ACCOMMODATION in York for Sale.

A historic former coaching house in an affluent North Yorkshire town centre, extensively refurbished recently and currently operating as a fully licensed, daytime only cafe restaurant. The private accommodation has been beautifully refurbished and appointed to a very high standard, but could also be used to offer guest letting rooms / an Airbnb to visiting tourists. We strongly recommend arranging a viewing appointment to fully appreciate the money, effort and attention to detail that has gone into this recent renovation. The property is very much priced to sell, as the owners wish to retire as soon as possible.

LOCATION - In the centre of a Georgian market town at the foot of the Howardian Hills and just twelve miles north of York. Bustling main street of shops, galleries, bars and eateries makes this a popular stop for visitors and tourists. A highly sought after, affluent residential district surrounds this historic market town.

THE PREMISES - Ground floor: Restaurant with bar, snug and two dining areas comfortably accommodating 70 diners, plus outside terrace at the back and pavement seating to the front. Comprehensively equipped catering kitchen with ample dry and chilled goods storage, staff lockers and WC, glass wash area and separate pot-wash room with deep sinks. The beer cellar is directly behind the bar for ease. Access to rear outside courtyard. Owners / staff parking spaces for three vehicles. First Floor: Landing leading to reception room, dining room and large, modern, high-spec fitted kitchen with central island. Pantry and utility room. House bathroom with shower above a roll-top bath. Exit door to external emergency staircase. Second Floor: Three double bedrooms, one single bedroom, second house bathroom with shower cubicle. Many of the windows in the property have been recently replaced with period style sash windows with double glazing. The entire property has mains gas fired central heating, in addition to the traditional wood burning fireplaces in the restaurant dining areas.

THE BUSINESS - Our clients relocated a cafe business they had in the town to the pub in 2020 and then, wishing to reside there, they began the extensive refurbishment. The cafe business is run on a low-key basis to suit the owners, mainly daytimes only, and yet still takes on average £3,500 per week. It is for health reasons alone that the owners now wish to move their retirement forward and sell the property.
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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