Pub for sale
The Buck Inn, Wrelton, Pickering, North Yorkshire, YO18 8PJ
Guide Price
£375,000
Property Description
Commercial information
- Business for sale
Key features
- Food-led village pub
- Privately owned, retirement sale
- Edge of North York Moors near Pickering
- T/O Year ended 31/2/2019: £121,186
- Adjusted Net Profit: £36,635
- Three bedroom owner's flat. Energy Rating C.
- Christie & Co Ref: 6450462
Full description
Tenure: Freehold
Description
The Buck Inn is a very well presented country pub with traditional bar area to the front and lounge/dining room to the rear. The business is well supported by the local community and has an excellent reputation for its food, which makes up the majority of turnover. It also benefits a great deal from the many holiday cottages, campsites and caravan parks nearby.
Our clients have owned The Buck Inn for 14 years and offered for sale for only the fourth time in 50 years.
The Buck Inn is prominently located in the delightful and sought after village of Wrelton which is three miles from the town of Pickering on the southern edge of the world famous North York Moors.
Internal DetailsThe pub is decorated in a traditional fashion and very well maintained throughout. The vendors have applied a rolling maintenance schedule to ensure that the premises is kept in good order. Ancillary areas include ladies toilets as well as a ground floor beer cellar. A very short walk across the courtyard in an out-building are the gents toilets and a store room.
Fixtures & FittingsWe are informed that fixtures and fittings are included with the exception of any items that are personal to our clients.
External DetailsThere is parking to front of the pub for three cars. There is an enclosed courtyard which serves as a smoking area.
Owner's AccommodationAt first floor level, accessed via the main bar is a very well maintained flat, comprising of a lounge/living room, three bedrooms, bathroom and separate toilet..
The OpportunityThe Buck Inn presents an opportunity for an array of purchasers, the business currently trades modestly to suit the needs of the existing owners, therefore the business has huge potential for growth by simply extending opening hours and working more closely with neighbouring accommodation businesses.
StaffThe business is run almost exclusively by the owners, a husband and wife team, with the support of some part time staff.
Trading InformationTurnover for financial year ended 31st March 2019 was £121,186. Gross profit was 56.5% and Adjusted Net Profits were £36,635. Our client informs us that the pub was closed throughout the whole of January 2020 and only opened at 8pm on Fridays for darts matches.
Our clients deliberately operate the business at a very limited capacity due to on going health issues and this is reflected in the relatively low turnover and profits. However, there is significant scope to extend trading hours and increase trade.
The trade split is approximately 65-70% food sales with the remainder being from drinks.
Monday - Thursday 5pm - 9.30pm
Friday & Saturday 5pm - 11pm
Sunday 12 noon - 9.30pm
The attic/upper floor of the old barn, currently housing the gents toilets and a store room, has potential to be converted in to staff accommodation and/or letting bedrooms (STPP).
RegulatoryPremises Licence.
More information from this agent
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Energy Performance Certificate (EPC) graphs
Nearest station
- Malton (9.2 mi)
Broadband
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To view this property or request more details, contact:
Christie & Co , Newcastle Upon Tyne
Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQHow much will it cost me to call the number displayed on the site?
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Floorplans
To view this property or request more details, contact:
Christie & Co , Newcastle Upon Tyne
Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQHow much will it cost me to call the number displayed on the site?
Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.
Map & Street View
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Nearest station
- Malton (9.2 mi)
To view this property or request more details, contact:
Christie & Co , Newcastle Upon Tyne
Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQHow much will it cost me to call the number displayed on the site?
Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.
Disclaimer - Property reference 6450462-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 , Newcastle Upon Tyne. 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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