AN IDEAL OPPORTUNITY WITHIN THE DALES VILLAGE OF BURNT YATES 5 MILES FROM FASHIONABLE HARROGATE PRIME FOR NEW OPERATORS TO BUILD FURTHER ON EXISTING PROFITABLE TRADE WITH ENORMOUS DEVELOPMENT POTENTIAL.
- Proven and profitable sales from wet/food & accommodation with greatly reduced opening hours to suit the current owners “life style”
- Genuine development potential of adjoining property (inc) also available for residential or trade use
- Attractive quality appointed trade areas with plenty of character and charm
- ‘Modern’ well appointed letting bedrooms let at profitable rates
- Character full beamed stylish trading areas – dining (20c) + lounge bar
- A much favoured locale with affluent local trade and visitors to Dales
LOCATION (HG3 3EG)
The New Inn occupies a prominent corner roadside position in the attractive village of Burnt Yates. Located on the B6165 approx 5 miles from Harrogate to the West and within a designated area of Outstanding Natural Beauty.
Burnt Yates is an affluent village within the Nidderdale Valley, close to the start of The Yorkshire Dales designated an area of outstanding beauty. Harrogate and adjoining Knaresborough have a total population of circa 85,000 and is renowned world wide for its private schools and Georgian Buildings
From Harrogate take the A61 Ripon road passing through Killinghall to Ripley. At the second roundabout at Ripley follow the sign for Pately Bridge (B6165) and continue for approximately 3 miles. On entering Burnt Yates village, The New Inn occupies a prominent position on the right hand side. Car parking is available to the side and rear of the property.
This attractive predominantly stone built property has been operating as a public house since approximately 1810 and has proved a popular destination for both locals and visitors – alike. Our clients divided the property in 2010 and planned a residential conversion to the adjoining property, plans of which are available to interested parties.
The current property(s) comprises:
Public House – Well-presented and maintained throughout with spacious reception – foyer area leading through to restaurant area for approximate 20 covers. Lounge bar, with attractive beamed ceilings and range of stylish furnishings creating a warm and welcoming atmosphere.
Well fitted commercial kitchen, capable of servicing good levels of trade. Generous additional storage and prep areas leading off.
First floor: 4 en-suite letting bedrooms (3 double & 1 single). Well-appointed and tastefully decorated. Our clients have continually maintained the rooms to a high standard expected of a 4 Star hostelry.
Available on the first floor currently comprising 2 en suite double bedrooms with lounge/kitchen area with range of fitted wall and base units. Was previously letting accommodation which could be utilised again by new owners.
ADJOINING HOUSE – PUB DEVELOPMENT
Separated from public house by our clients in 2010. Planning permission has been granted for the development of a four-bedroom semi-detached property with a ground floor foot plate of approximately 2300 sq. ft. The plans allow for:
Ground floor – 2 reception rooms, kitchen and dining room
First floor – 4 en suite bedrooms
Garden and parking to rear.
Copy of planning permission available.
An imposing detached property with parking for approximately 20 vehicles to the side. A purpose built outside eating/drinking area is available to the side utilised extensively during the summer months.
Additional parking available to the rear (plans approved utilise part of this area for the provision of garden & parking for residential use)
We are advised that the business has a Premises License for trading from 11am till 12.30 am the business actually trades over 7 days a week however it is closed Monday – Wednesday lunch completely allowing a new operator an opportunity to develop the trading base.
Opening from 5 pm Monday – Friday and all day Saturday & Sunday. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses.
We are advised the property(s) are totally freehold.
The property benefits from mains water, Calor gas and electric with oil fuelled central heating. Business rates payable £6,100 p.a.
Our client has instructed GA-SELECT to offer the business for sale having decided to retire from the trade having owned and ran public houses for a total of 13 years. Our clients have operated this business for nine years and both take a ‘hands on’ yet “laid back” role. Current trade is in the region of £3,000 gross per week and is spilt approximately 47%wet 33%food 20% accommodation. Average spend for diners is approximately £15 including drinks and the letting bedrooms’ tariff are £85 double and £55 single. Recon Net Profits show £43,927 pa even on the greatly reduced trading hours to suite our clients retiring “life style”
Our clients advise us that they enjoy high levels of occupancy and guests come from both the tourist and corporate sector. A number of bookings are from Harrogate conference delegates.
For detailed menus and further information please visit our client’s website www.newinnharrogate.co.uk
As mentioned earlier the property adjoining the pub has planning approval for the development of a 4 bedroomed house. However, this property could be utilised once again by the public house with the provision of larger trading areas and additional letting bedrooms (subject to planning approval).
THIS IS A RARE OPPORTUNITY TO ACQUIRE A HIGHLY DESIRABLE PROFITABLE FREEHOUSE WITH SUBSTANTIAL DEVELOPMENT POTENTIAL.
To secure this business a deposit of £5,000 will give you exclusivity on this business giving you a lock-out agreement with no further viewings or marketing taking place.
Our panel of financial experts are here to help; call for referrals: 01530 414140
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.
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