QUINTESSENTIALLY ENGLISH INN
Price:
Freehold - £675,000
A very profitable business with turnover for year ending 2007 at £438,202 Inc V.A.T. 60% wet, 40% dry and net operating profits of £65,000 250 draught barrels
Amazing riverside location with lounge bar (22) snug (10) lounge (10) conservatory (30) games room (20)
Fantastic gardens overlooking the river 15 picnic tables and caravan touring pitch (6) caravans in paddock
Generous owners accommodation with incredible views over the surrounding countryside
Great location a thirty minute drive and equidistant from York, Leeds and Hull
One of the few remaining freehold destination food taverns with 250 draught barrels for many miles.
LOCATION (DN14 7YW)
The village of Blacktoft nestles on the banks of the river Ouse, fortunately at such a height as to be free from flooding!. It has stunning views over the flood plain opposite with abundant wild life, many hours can be passed watching the busy shipping and leisure boats that sail up the river and back to the Humber and the sea, in fact you will often see Russian, German and many other nationalities in the bar and having a meal beside locals and day trippers alike. The area is best known for the market town of Howden and the many stunningly beautiful villages between York, Leeds and Hull. This traditionally agricultural area has now become very desirable for commuters to the larger conurbations, with the road networks making access extremely easy. The Hope and Anchor has become a firm favourite with families and locals alike with many customers visiting numerous times over the year from as far a field as Bradford and Sheffield.
PROPERTY DESCRIPTION
Built from local brick and painted white the building is sited on top of a high bank offering protection from any flooding, in fact the last time the village flooded was in the 1950s and before the bank was in place. The LOUNGE BARS (32) SNUG (10), CONSERVATORY (30) and GAMES ROOM (20) are traditionally decorated with our clients fabulous collection of Whiskey Jugs and fascinating collection of Laurel and Hardy memorabilia, many of the artefacts having been contributed by visitors. There is a single bar servery to the left of the entrance, all the rooms in the main body of the property are cosy with mixed banquet seating and loose tables and chairs. The conservatory overlooks the river and has a tiled floor and pine tables and chairs, which can be placed together to accommodate parties and other functions. There is a good CATERING KITCHEN fully equipped with a store come prep room and walk in fridge located to the front side of the bulling. The cellar is traditional with full distribution and cellar cooling. The business is ideally laid out for efficient working and can be staffed by a small number of people. The ambiance is warm and welcoming and it is easy to see why so many people return so often to this real English pub.
OWNERS ACCOMMODATION
The owners accommodation consists of three bedrooms two double and one single currently used as an office. A generous lounge, dining kitchen and bathroom all have the most fantastic views. There is a separate entrance to the pub externally located making it ideal for families.
EXTERNALS
Where to begin, What a location the slowly flowing river Ouse, the quiet garden with huge weeping willow, the paddock with touring caravans (6) and the sleepy village with beautiful church more like a scene from a constable painting. Part of the garden is rented from the Associated British Ports for £70 per annum, however the back of the property has garden for up to (40) people seated at picnic tables. The car park immediately in front of the property has space fro up to 30 cars.
PREMISES LICENSES
We are advised that the premises benefit from licensing 12 noon until 11pm Monday through to Saturday and 12 noon until 10.30 on Sunday. A personal licence will be required and our training associates will be only too pleased to assist you in this matter.
TENURE
We are instructed to offer the business for sale by way of a freehold to include goodwill fixtures and fittings and S.A.V.
SERVICES
We are advised that the pub benefits from mains Services. Rates payable are circa £3,118 p.a.
THE BUSINESS
Our clients have owned the business for eight and a half years and have accounts showing the businesses projected up to the last financial year 2007 with turnover of £438,202 Inc V.A.T. with a trading split of Wet 60% and dry 40%. With two hundred and fifty draught barrels (250) + comp. The net operating profit is £65,000 and we believe that the year ending 2008 will show increase in turnover and profitability of £70,000. Our clients believe that a price increase of around ten to fifteen percent would be possible delivering even greater profits, without having a diverse effect on trade. The business is unopposed in the village and in fact for a fair distance around and has strong local support all year round with pool, darts and domino teams. Many societies visit the pub for fishing, shooting and general fellowship. Caravaners book from year to year and many will visit all year round. In fact the trading levels in winter are astounding, as they remain very bullish delivering consistent cash flow. There are very few opportunities left in this region to acquire such a freehold business with robust trade. Our clients are retiring and would be only too pleased to assist any purchaser should they so wish.
DO NOT MISS THIS OPPORTUNITY TO SECURE A SOLID BUSINESS WITH GREAT LIFSTYLE AND STUNNING FUTURE VALUE FROM DEVELOPING THE TRADE.
Accounts information will be made available to interested parties after viewing.
Our associates ACORN COMMERCIAL FINANCE will be pleased to advise and assist in the purchase of this outstanding business.
The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208.
Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.
North Yorkshire
£ 750,000
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