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.

Location

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 Details

The 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 & Fittings

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

External Details

There is parking to front of the pub for three cars. There is an enclosed courtyard which serves as a smoking area.

Owner's Accommodation

At 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 Opportunity

The 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.

Staff

The business is run almost exclusively by the owners, a husband and wife team, with the support of some part time staff.

Trading Information

Turnover 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.

Trading Hours

Monday - Thursday 5pm - 9.30pm
Friday & Saturday 5pm - 11pm
Sunday 12 noon - 9.30pm

Development Potential

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).

Regulatory

Premises Licence.


More information from this agent

Nearest station

  • Malton (9.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How 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.

Floorplans


To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How 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

Nearest station

  • Malton (9.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.