The Peppered Pig, Snaith Road Turnbridge, East Cowick, England, DN14 9BY
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- SECTOR
Hospitality facility for sale
Key features
- Turnover 1/1/23 - 31/10/23 - £875,000
- 50 cover pub restaurant with farm deli cafe
- 9 contemporary en suite letting rooms
- 120 cover party function Yurt with own bar
- 95 cover wedding / events space - 0.86 acres
- Planning permission approved for 9 additional letting rooms. Energy Rating A
- Christie & Co Ref: 5469114
Description
The Peppered Pig has a fantastic reputation as a modern British Inn, a place to eat, drink and sleep. Serving locally sourced seasonal food within a relaxed rural setting, this is a quality destination venue to stay in the heart of East Yorkshire. Total site size is approximately 0.86 acres.
A very well trading, four way income stream business with high turnover and profit which is fully staff run. There is a Ceremony licence for multiple areas that are approved for up to 150 guests.
The Peppered Pig is located in the village of East Cowick, East Yorkshire, which is between Selby and Goole. There is easy access to the M62 and wide motorway network at Goole, which is only approximately six miles east.
Internal DetailsThe Peppered Pig stands on a spacious site, with a variety of trading areas:
• The restaurant is set up for 50 covers, open to the public for brunch, lunch,
evening classics and seasonal pub food.
• There is a deli counter to the front of the premises known as Pigs Pantry &
Delicatessen
• The Pig Inn drinks space is through the back of the restaurant, including a
lounge area and Yorkshire style bar
• Private dining snugs with casual seating and coffee tables
• A spacious 95 person function and events room used for wedding
receptions and similar parties
All fixtures and fittings are to be included with the exception to any of our clients personal belongings.
Letting AccommodationCurrently there are seven modern and characterful en suite letting rooms which overlook an attractive, rural landscape and include premium furnishings and decoration. Given the high demand and increasing occupancy rates for the guesthouse side to the business, planning permission has been approved recently for nine additional letting rooms.
External DetailsThe 0.86 acre freehold site has lots of potential.
Recently built is the 120 party yurt, ideal for private parties, wedding functions and more. This includes a bar and toilet facilities.
Within the gardens includes a spacious drinking terrace on sheltered decking.
The car park has a capacity of approximately 50 spaces.
Following the planning consent approval, the rest of the land is to be used to develop a further nine letting rooms.
An owner's or manager's studio apartment is an option, given the letting room space.
The OpportunityChristie & Co is pleased to introduce The Peppered Pig to the market.
The business is available on a freehold basis, giving the prospective purchaser the option to acquire this well established high trading business and property.
There are 18 weddings currently booked in for 2024 and the room occupancy level runs at 82% currently. The sale is a great opportunity for a national hospitality company, wedding events buyer, pub company or independent investor to purchase this substantial business which has multiple income streams.
The Peppered Pig also includes a biomass boiler, using natural / non fossil fuel resources which provides heating at no cost.
30 staff members currently and the business is fully staff run in essence
Trading InformationY/E Dec 2021 T/O £699,696
Y/E Dec 2022 T/O £841,000
T/O 1/1/23 - 31/10/23 - £875,000
Dining Opening Times
Monday to Thursday - 9.00am - 11.00pm (Fri & Sat until Midnight)
Breakfast 9.00am till 11.30am.
Lunch - 12 noon - 3.00pm
Evening Meal 5.00pm - 8.45pm
Sunday
Breakfast 9.00am till 11.30am
Lunch from 12 noon till 3.45pm last food orders taken, drinks and cakes served all day through to 7pm
Planning permission approved for nine additional letting rooms, East Riding of Yorkshire Council ref: 21/03285/PLF.
TenureFreehold
Business RatesConfirmation of business rates payable should be obtained from the local authority.
Energy Performance Certificates
EPC 1Brochures
The Peppered Pig, Snaith Road Turnbridge, East Cowick, England, DN14 9BY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rawcliffe Station1.3 miles
- Snaith Station1.4 miles
- Thorne North Station4.9 miles
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Notes
Disclaimer - Property reference 5469114-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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