Pub/bar for sale in YO51, Boroughbridge, North Yorkshire

£340,000
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Pub/bar for sale

Property features

  • Delightful Detached Freehold Pub with excellent food trade
  • Turnover circa £275,000 per annum, limited hours, terrific growth potential
  • Substantial detached grade II listed property, presented to a high standard throughout, well equipped
  • Leasehold option available at separate negotiation
  • For Sale by Auction – T & c’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • 10% deposit payable

Property description

Delightful Detached Freehold Public House with excellent food trade located in a popular Yorkshire town - Turnover circa £250,000 per annum, limited hours, terrific growth potential, substantial detached grade II listed property, presented to a high standard throughout, viewing highly recommended.

This is a rare and exciting opportunity to purchase a delightful grade II listed freehold Public House located in the popular town of Boroughbridge on the edge of the Vale of York in North Yorkshire. Boroughbridge is a historical town with three ancient standing stones situated on the outskirts of the town. These are known as The Devil’s Arrows, based on the story that they were flung to earth by an enraged Lucifer in an attack on nearby Aldborough.

The business occupies a commanding roadside position just a short walk from the bustling town centre with its wide selection of shops and local amenities with the A1 also close at hand.
This well-known business is strongly supported by the local community boasting a loyal customer base whilst also attracting high levels of regular passing trade due to its prominent and accessible trading position. Having been in present ownership since 2006, this destination pub has earned a truly enviable reputation for offering a warm welcome with a wide selection of traditional beers and cask ales, whilst also being renowned for their fresh home cooked traditional cuisine.

The business enjoys excellent TripAdvisor reviews whilst also receiving regular referrals and recommendations and is a popular venue for hosting celebrations such as birthday parties, christenings and funerals as well as screening live sports and featuring a regular karaoke night. The substantial and imposing detached grade II listed property offers spacious and versatile accommodation which has been carefully refurbished and updated to a high standard throughout. This is a successful and profitable business yet still offers terrific scope for future improvement. The business therefore represents a fantastic investment for an ambitious family who can continue to build on the solid foundations, exploiting the true potential for growth which will significantly increase the weekly sales whilst ultimately enhancing overall profitability.

This is a fantastic lifestyle opportunity and with this in mind, viewing is highly recommended to avoid disappointment.
Auctioneer Comments This property is for sale under traditional auction terms and should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts. On exchange of contracts, the buyer is required to make payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000 inc VAT and is paid in addition to the agreed purchase price. The Reservation Fee will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. The Reservation Fee is paid in addition to the final negotiated selling price. The Reservation Fee will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. This property is marketed with a Buyers Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property and a prudent buyer is expected to view the property and complete their own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained with this pack. The winning buyer will also make payment of £300 inc VAT towards the preparation cost of the pack, where i Ref: 49077
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Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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