7 bedroom pub for sale

Boroughbridge Road, HG4

£39,950

Property Description

Full description

Tenure: Leasehold

Ref 8325 LEASEHOLD


HIGHLY POPULAR AND CHARMING COUNTRY 'FREE OF TIE' INN WITH LETTING ROOMS NEAR TO THE HISTORIC CITY OF RIPON NORTH YORKSHIRE ENJOYING VIEWS OF THE SURROUNDING COUNTRYSIDE


Traditional and well positioned country inn near to Ripon, and various popular visitor attractions in popular North Yorkshire.

3 separate trading areas, each full of character comprising: Lounge Bar (circa 20), Dining Room (circa 42) and Function/Private Dining Room (circa 24).

Outside seating to front and rear of property (circa 42).

6 well-presented and tastefully furnished en-suite letting rooms.

Spacious double owners' bedroom.

Fully equipped and spacious commercial kitchen.

Advised current turnover circa £336,300 (incl. VAT).

Trade split circa 30% wet, 60% food, 10% accommodation.

Attractive Free of Tie Private Landlord Lease.

AN EXCELLENT OPPORTUNITY TO ACQUIRE AN IMPRESSIVE AND THRIVING BUSINESS IN A DESIRABLE LOCATION OFFERING FURTHER POTENTIAL

LOCATION
The business is located on the edge of the Historic City of Ripon, North Yorkshire, in the heart of the 'Golden Triangle' near to the popular tourist towns of Harrogate and York.
The cathedral city of Ripon sits within the Borough of Harrogate and dates back over 1,300 years. It has a population of 16,702 (2011 Census).
As well as its Racecourse and cathedral Ripon is a highly popular tourist destination due to its proximity to the UNESCO World heritage Site which consists of Studley Royal Park and Fountains Abbey.
Other local visitor attractions include the Lightwater Valley Theme Park, Newby Hall Stately Home and Gardens and the National Trust owned Brimham Rocks which lies within the Nidderdale a designated Area of Outstanding Natural Beauty.
Ripon is easily accessed from the A1 and offers a full offering of local services. Ripon Grammar School was established in 1555 and is one of the best performing schools in the North of England.

THE PROPERTY
This traditional inn is of brick construction, under a pitched, tiled roof, occupying a prominent roadside position, which results in a good level of 'passing trade'

The business offers 3 separate trading areas:

A fully equipped central servery separates the characterful Lounge Bar to the front of the property (circa 20) carpeted throughout with exposed beams, attractive log burner and dual aspect, seating is provided by a mix of comfortable sofas and chairs around free standing tables.

Also to the front of the building and accessed from the lounge bar is an extremely welcoming triple aspect Dining Room (circa 42) with exposed beams under a vaulted ceiling, fireplace and attractive stone flooring, seating is provided by a variety of chairs around traditional tables.

A tastefully presented Function/Private Dining Room (circa 24) with stone flooring is accessed from the dining room.

Well-presented Ladies and Gents W.C.'s. accessed via the central hallway.

There is an extremely spacious fully equipped Commercial Kitchen (appliances not tested). The business benefits from a well-proportioned ground floor cellar and additional storage areas.

LETTING ACCOMMODATION
The business benefits from 6 extremely well presented and tastefully furnished en-suite letting rooms, 5 of which are located on the first floor and 1 on the ground floor.
.
OWNER'S ACCOMMODATION
The owners have use of a double bedroom and lounge situated on the ground floor.

EXTERNAL
There is bench seating (circa 8) at the front of the property and further seating (circa 34) at the rear of the building. Beyond the car park is a large grassed area which offers potential to introduce a form of camping.
To the rear of the property there is parking for around 30 cars.
To the rear of the property is a private parking space.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Mon- Sat 10am to 11.00pm
Sunday 10.30am to 11.00 pm

Current Winter opening hours are:
Mon & Tues Closed
Wed to Sat 12noon to 9pm
Sunday 12noon to 6pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS
The business is offered for sale as a lease assignment with approximately 6.5 years remaining of a Private Landlord 'Free of Tie' full repairing and insuring, renewable agreement. We are informed that the rent is currently £38,000 per annum. We are advised that the inn benefits from LPG for cooking and mains electric and water, along with being heated with oil for central heating and a septic tank which we are advised is maintained by the landlord (no services seen or tested). Business rates payable are TBC.

THE BUSINESS
The current owners purchased the business 3.5 years ago and have established a solid trading foundation with a loyal and desirable local and tourist clientele. The business consistently receives favourable reviews and averages 4.5/5 from over 250 Trip Advisor reviews and 9.2/10 rating from Hotels.com. The business has been awarded the Trip Advisor Certificate of Excellence award from 2015 to 2019.
The business is only being made available to new operators due to personal health reasons..
We are advised that current takings are circa £336,300 inclusive of VAT on a trade split of circa 30% wet sales, 60% food sales and 10% accommodation.
New operators can continue to operate the business using the same successful formula although significant potential exists to extend opening hours especially during the summer months.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Lee Davy who would be delighted to discuss further details.
Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: October 2019.
VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.




Energy Performance Certificates (EPCs)

Nearest station

  • Knaresborough (8.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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

  • Knaresborough (8.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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 8325. 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 Guy Simmonds Business Transfers Limited , National Licensed Property. 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.