The Queens Head, West Moor Lane, Finghall, North Yorkshire, United Kingdom, DL8 5ND

The Queens Head is a free house, restaurant and Bed & Breakfast. A traditional North Yorkshire village pub offering a relaxed dining experience and quality accommodation.

The Queens Head occupies a prominent, roadside position, in the village of Finghall, in the North Yorkshire district of Richmondshire. The village has good access onto the A1M, and is equidistant from the nearby market towns of Leyburn in the west, and Bedale in the east, and the Yorkshire Dales National Park is also very close-by.

The front of the property is Grade II Listed and comprises the main bar area with a mixture of table, chair and booth seating. This area is newly carpeted, very well maintained and retains lots of period features in-keeping with the age of the property. There is also a small lounge room with sofas and a small library of books for customers to enjoy.

Behind the bar is a large, purpose built extension which is the main restaurant and function room which has capacity for 96 customers, seated. Beyond this, a further extension houses the letting accommodation.

Fixtures and fittings are included with the exception of items that are personal to our clients.

Commercial catering kitchen
Separate dessert kitchen with pot-wash/store
Ladies, gents and accessible toilets
Another store room
Beer cellar

At the rear of the pub, in a modern extension, are three very well appointed and spacious, ensuite bedrooms. Two of these are double rooms and the third is a family suite, consisting of a twin and a double room as well as separate lounge area.

There is a large decking area to the rear of the pub with stunning views over the nearby countryside. Beyond this is a large car park with space for approximately 40 cars.

Further beyond the car park is a large sloped field which has lots of potential and it would make commercial sense to look to utilise this to generate more income. Our clients had considered applying for planning permission to introduce glamping pods/shepherds huts or similar.

Our clients have been approached by a holiday lodge company seeking to rent the bottom field (beyond the car park) for the purpose of installing log cabins. They have proposed a lease agreement which would involve them taking responsibility for obtaining planning permission and offered a rent which is a percentage of income. This further reinforces the potential for holiday lodges or similar on this currently disused land.

Above the main pub building is a two bedroom flat, with lounge and bathroom.

The Queens Head presents a fantastic opportunity for an owner operator to replicate the way in which the business is currently operated. Equally, it could prove a solid acquisition for an expanding regional operator looking to grow their portfolio.

Benefitting from multiple income streams via food, beverage and accommodation sales, The Queens Head is well rounded and has an excellent reputation.

The pub is currently owner operated by a husband and wife team, accompanied by a team of staff.

Turnover for year ended 31.03.2020 was £324,256, producing adjusted Net Profits of c.£40,000 having made allowances for; products for owners consumption, extraordinary repairs & maintenance, hire & lease of equipment, legal & professional fees, depreciation and loan interest.

Turnover for year ended 31.03.2021 was £165,250 - a trading period which was significantly impacted by Covid trading restrictions and closures.

Turnover for year ended 31.03.2022 was £305,083 - again, significantly impacted by Covid having only traded for c. 10 months. Annualised turnover would be in the region of £365,000 net of VAT.

Gross Turnover for year ended 2023 is approximately £443,763 - showing strong post Covid recovery with further potential to grow.

Further, more detailed trading information can be provided to seriously interested parties on request.

The Rateable Value as per the April 2017 list is £16,600. Confirmation of actual rates payable should be sought from the Local Authority.

Premises Licence