Pub for sale

The Three Tuns, 9 South End, Osmotherley nr Northallerton, North Yorkshire, United Kingdom, DL6 3BN

Guide Price £700,000

Property Description

Commercial information

  • Business for sale

Key features

  • Restaurant & bar with 70 covers combined
  • Four beautifully appointed letting bedrooms
  • Advised average weekly T/O c. 10,000 net
  • Newly refurbished and immaculately presented
  • Desirable village location in National Park
  • Outstanding enclosed beer terrace to the rear. EPC Exempt

Full description

Tenure: Freehold

Description

A charming, stone built, mid-terraced property located in the highly desirable North Yorkshire village of Osmotherley.

Offering traditional home-cooked food sourced locally, a bar and snug enjoyed by locals and tourists and four high quality letting bedrooms, The Three Tuns benefits from multiple income streams.

The village benefits from year round tourist trade and is best known as a centre for walking and other leisure pursuits. It is the starting point for the famous 42 mile Lyke Wake Walk over the moors to Ravenscar. As well as being on the Cleveland Way, it is only a small detour off the Coast to Coast Walk. Many walkers travelling along the coast to coast route make the short diversion to Osmotherley for an overnight stay.

Location

The Three Tuns is situated at the heart of the village of Osmotherley, which sits on the Western edge of the North York Moors National Park. Just one mile east of the A19 dual carriageway, Osmotherley has excellent links both north and southbound, the market town of Northallerton is approximately seven miles to the west, and Thirsk is approximately 12 miles south.

Internal Details

The ground floor comprises a small bar and snug to the front of the property offering seating for c. 20 customers. Beyond is the main dining area with table and chair seating for c. 50 covers.

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

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.

Letting Accommodation

At first floor level, above the bar and restaurant. there are three individually styled double bedrooms, each with en suite facilities and views over the village. To the rear of the property, and with external access via the courtyard, is another letting room/self-contained apartment, with kitchenette and living area.

External Details

To the rear of the property, accessed via the main restaurant, is an enclosed trade garden which acts as additional trade space in the summer months seating up to 30 people.

Owner's Accommodation

The vendors also own other residential property in the village which may be available to purchase via separate negotiation, should a purchaser be looking to relocate and wish to live off-site.

The Opportunity

The Three Tuns is popular year-round but in the summer months and school holidays it sees an influx of tourists which help bolster the trade. There is an excellent opportunity for an owner-operator to take over this well established business in what is a truly outstanding village setting. Having enjoyed many successful years in the business the current owner now seeks to relocate.

Staff

The business is currently run by a mother and daughter team with the help of a full time head chef and a team of part-time staff.

Trading Information

We have been advised that average weekly turnover is in the region of £10,000 per week net of VAT. Further financial information can be provided to seriously interested parties on request.

Trading Hours

Monday - Friday: 11am - 3pm then 5pm-11pm, Saturday & Sunday: 11am - 11pm

Development Potential

There is scope to introduce owners accommodation by converting the self-contained apartment at the rear.

Regulatory

Premise licence.


Nearest station

  • Northallerton (6.3 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest station

  • Northallerton (6.3 mi)
Distances are straight line measurements from centre of postcode

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