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New Inn, Cropton Brewery & Holiday Cottages, Cropton Lane, Pickering, YO18 8HH

£2,500,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • Freehold Free Of Tie Site
  • Pub restaurant with 11 rooms
  • Brewery set on 1.44 Acres
  • ANP of around £100,000 the last 2 years
  • Option to buy 3 holiday cottages additionally
  • Energy Rating C
  • Christie & Co Ref: 5455541

Description

Description

The New Inn and Cropton Brewery is made up of a 1.4 acre plot of land with a recently built brewery and a pub/restaurant with 11 rooms. The site offers itself to a wide number of potential clients and would particularly suit an existing pub company looking to expand their offering. The pub has a large car park for around 30 cars which is next to a large beer garden for around 100 covers. There is also an informal agreement for camping tents and caravans to camp on the two fields across eight acres of land surrounding the site.

On site there are 3 holiday cottages that are availble additionally for another £1m.

Location

The site is located in the village of Cropton near Pickering in North Yorkshire, set on the border of North York Moors National Park.

The Village is easily accessible via the Thirsk to Scarborough Road (A170) which provides access to the A19. The city of York is located approximately 30 miles south east and the affluent market towns of Helmsley and Pickering within 12.5 miles and 5.2 miles respectively.

Internal Details

The pubs main trading area comprises of a bar with snug area, restaurant/dining area and a games room with pool table.

Ancillary areas include; customer toilets, beer cellar and a commercial grade catering kitchen.

Fixtures & Fittings

We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.

We are advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.

The Opportunity

The New Inn, Cropton Brewery, letting accommodation and living accommodation offer any potential buyer the opportunity to run a multitude of different business plans out of the site. The pub itself is well established and profitable, with the letting accommodation being at a premium in the area already. The brewery aspect gives any operator who source their beer from outside of the current company they run the chance to start brewing their own beer and shipping that out to their existing portfolio and beyond.

Trading Information

Sep 23 to July 2024 - Adjusted Net Profit - £90,000
Year ending August 2023 - Adjusted Net Profit - £100,000

Development Potential

The site is over approximately three acres and has been developed in recent years. Any further developments would be subject to planning.

Tenure

Freehold

Energy Performance Certificates

EPC 1

Brochures

New Inn, Cropton Brewery & Holiday Cottages, Cropton Lane, Pickering, YO18 8HH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Glaisdale Station10.5 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5455541-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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