Pub for sale

The Maypole Inn, Main Street, Long Preston, Skipton, England, BD23 4PH

£650,000

Property Description

Commercial information

  • Business for sale

Key features

  • Recently closed 16th Century Coaching Inn
  • 5 high end en suite letting rooms
  • 80 cover pub-restaurant
  • T/O Y/E 31 March19: 565,000, GP 329,000
  • Barn conversion opportunity (STPP)
  • Approx 50 space car park. Energy Rating C

Full description

Tenure: Freehold

Description

A historic 16th Century Coaching Inn and formerly a well established pub-restaurant with elegant letting rooms. Owners John and Angela Davis, are well known in the area having run the Craven Heifer at Skipton for over 15 years, with a reputation for high quality food throughout the Yorkshire Dales. They prided themselves on having great ales, wines, and a quality food offering at a sensible price, whilst working hard with their staff to provide an excellent level of service.

This famous local landmark dates back to the sixteenth century as a coaching inn and today is known as the pub to meet to share a beer and enjoy superb pub food in a warm and friendly environment.

The business's website is

The business currently carries a 9.5 star rating on Booking.com.

Location

The Maypole Inn is located in Long Preston, an attractive village and civil parish in the Craven district of North Yorkshire in the Yorkshire Dales, and Lake District National Park. It lies along the A65, and is approximately 12 miles from Skipton, and four miles from Settle. The A65 provides easy links to Leeds, Bradford, and Manchester. Other nearby attractions include the Forest of Bowland which is designated as an area of outstanding natural beauty.

Internal Details

The property comprises an open plan pub trading floor with approximately 40 covers of seating and a central bar server. There is a separate dining restaurant and breakfast room with another 40 covers. This space can be used for function and events. There are also three wood burning fires across both rooms.

There is a stainless steel commercial kitchen built for high volume trade with all necessary appliances included.

Fixtures & Fittings

All fixtures and fittings are all included with the exception of any items that are personal to our clients.

Letting Accommodation

The Maypole Inn's accommodation includes five en suite guest bedrooms on the first floor. All rooms are furnished and decorated to a high standard with significant investment from the owners. All rooms offer tea and coffee making facilities, modern televisions, and Wi-Fi.

External Details

The freehold site includes a substantial unused barn outbuilding which is perfect for developing into further letting rooms, staff/owner's accommodation, or an events building for wedding receptions and other functions. This is subject to the relevant planning consent being obtained.

Other external areas include a purpose built beer garden, patio terrace with picnic table and chairs, and a car park for up to 50 cars.

The Opportunity

The sale of The Maypole Inn provides a great opportunity for an independent chef, husband & wife team, expanding regional operator, or corporate pub company, to acquire a well established and reputable 16th Century coaching inn with potential to increase trade in all areas. The business had a three way income stream of food, free of tie drink offering, and quality letting room accommodation.

There is scope to save significantly on salaries based on the current employment structure which can be discussed in more detail.

Subject to obtaining relevant planning permission with the local council, the barn conversion offers a great opportunity to develop into rooms to drive the hotel side of the business or provide staff /owner's accommodation. The size of the barn provides strong function and events facility potential to increase revenue further.

Trading Information

The latest full business year accounts from 1st April 2018 to 1st March 2019 show a turnover of £565,403 with a gross profit of £329,095.

Full accounts can be provided upon request. No further information is available due to the business closing in 2020.

Trading Hours

The business is now closed.

Business Rates

Confirmation of business rates payable should be obtained from the local authority.

Regulatory

Premises licence.


More information from this agent

Nearest stations

  • Long Preston (0.3 mi)
  • Hellifield (1.4 mi)
  • Settle (3.3 mi)
Distances are straight line measurements from centre of postcode

Floorplans

Map & Street View

Nearest stations

  • Long Preston (0.3 mi)
  • Hellifield (1.4 mi)
  • Settle (3.3 mi)
Distances are straight line measurements from centre of postcode

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