Public Houses for sale in Otley

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Freehold West Yorkshire Market Town Investment £275,000

Otley, West Yorkshire, England

  • Freehold Price: £275,000
Seller Reference: Otleytavern-Otley
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: Otleytavern-Otley
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Business Description
Inner entrance porch leading through to an open plan, split level bar area with large
screen TV's accommodating approximately 65 persons on fixed perimeter seating
and low stools around wooden topped tables, part stripped wooden floor and part
tiled floor with a central timber fronted bar servery under a solid wooden counter. On
the lower level in the main bar is a games area with dart throw and seating
approximately 12 persons. Ladies and Gentleman's toilets are located to the rear of
the bar area and are furnished to a good standard. The beer cellar is located in the
basement.
The catering kitchen is located on the first floor and has a range of commercial
catering equipment and stainless steel benches all of good quality and condition.
2 Bedroom owners accommodation, lounge, office and bathroom.

Freehold. There is a tenant in situ on a 7 year lease from 1st August 2019 with a
headline rent of £25,000 pa with a 5 year rent review. The tenant is prepared to
vacate the property by negotiation should vacant posession be required.
Tenure:
Freehold
Is accommodation included?:
Yes
Number of bedrooms:
2
Location Details:
Otley is a bustling market town located off the A660 11 miles north west of the city of Leeds, 11 miles south west of the spa town of Harrogate and 6 miles south east of Ilkley. This extremely popular town oozes character with is narrow cobbled streets, historic buildings and being located on the banks of the River Wharfe. The Otley Tavern is located on New Market which is off the B6451 Bondgate in the centre of the town.
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