Pub for sale

The Red Lion, Main Street, Knapton, York, England, YO26 6QG

£49,500

Property Description

Commercial information

  • Business for sale

Key features

  • Popular village pub/restaurant
  • 55 cover restaurant and bar area
  • Turnover Jan-Dec 2017 of 372,257
  • 3 bedroom owner's accommodation
  • C. 18 space car park
  • C. 3 miles from York city centre. Energy Rating D

Full description

Tenure: Leasehold

Description

A popular detached pub/restaurant with a generous car park located approximately three miles outside of York city centre.

The pub would be suitable for a couple/owner operator's and is currently licensed until midnight.

Location

The Red Lion is situated in the popular village of Knapton, just three miles out of York city centre. Knapton is a traditional village and the business benefits from this busy residential environment, whilst also growing its quality food led reputation as a destination venue.

Internal Details

The property comprises a 55 cover open plan bar and restaurant area with a central bar servery, a commercial kitchen, with all necessary appliances included, and a beer cellar.

Fixtures & Fittings

All fixtures and fittings are included with the exception to any personal belongings to our client.

Tenure Information

The Red Lion holds an EI 15 year lease from January 2007 at a rent of £35,000 per annum on full repairing and insuring term. Wines, beers and spirits are currently tied. There is potential to extend the lease for another 10 years with Enterprise Inns.

External Details

There is space for external covers which could be further utilised. The generous car park can accommodate up to c. 18 vehicles.

Owner's Accommodation

The first floor includes owner's accommodation comprising of living room, kitchen, three bedrooms and bathroom.

The Opportunity

The sale of The Red Lion provides an exciting opportunity for an individual, couple or team operation to acquire a successful, leasehold, pub restaurant premises. Our client has run the business since 2009 on the current 15 year lease. The business offers further potential as a busy wet and food led trading property.

Staff

There are currently two full time and 12 part time staff employed on a rota basis.

Trading Information

Turnover in 2017 was £372,257
Turnover in 2016 was £338,142
Turnover in 2015 was £343,320

Trading Hours

The opening hours currently are:
Tuesday to Saturday 12pm-3pm and 6pm -11pm
Sunday 12 noon to 4.00 pm

The business is closed on Mondays.

Regulatory

Premises licence.


More information from this agent

Nearest stations

  • Poppleton (1.0 mi)
  • York (2.2 mi)
Distances are straight line measurements from centre of postcode

Floorplans

Map & Street View

Nearest stations

  • Poppleton (1.0 mi)
  • York (2.2 mi)
Distances are straight line measurements from centre of postcode

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