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The Jubilee, Balfour Street, York, England, YO26 4YU

£1

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Traditional Public House
  • Brand new IRI lease opportunity
  • Approximately 1 mile from York centre
  • Bar, restaurant, function room & kitchen
  • New fit out required throughout
  • Generous beer garden to the rear. Energy Rating E
  • Christie & Co Ref: 5455473

Description

Description

The sale of The Jubilee on a brand new 10 year leasehold basis. Under new freehold ownership, our client wishes to offer the ground floor premises and beer garden space to an experienced publican / restaurant operator. The pub is offered on a internal repairing insuring lease only, where the tenant will have internal liability for maintenance, decorations, repairs and insurance, not externally.

The prospective leaseholder is required to renovate the unit throughout, with an appropriate fitted bar area, trading customer space, offering dining areas, function space and a commercial kitchen to the rear. The beer garden rear space also needs maintaining and refreshing.

Location

The Jubilee Pub is located on a prominent corner plot on Balfour Street, near Holgate approximately one mile from the centre of the historic city of York. Situated in busy and well established residential area, the pub is also within easy walking distance of the River Ouse.

Internal Details

The premises includes a layout of two trading spaces with a previous bar serving area, a function or dining room, commercial kitchen room and customer toilets.

Fixtures & Fittings

The unit is empty, everything is included in current condition.

The Opportunity

The Jubilee's new IRI lease on offer is a great opportunity for an experienced local operator or multi site pub company to acquire this pub restaurant unit, treating required renovations and fit out as a blank canvas to invest throughout as desired. The pub can then be re-opened and trade can commence. Locally, residents are excited at the prospect of a re-opening as soon as possible, so new leasehold owners can take advantage of this, as well as York's high tourism trade throughout the year.

The pub is offered on a internal repairing insuring lease only, where the tenant will have internal liability for maintenance, decorations, repairs and insurance, not externally.

Above the pub premises, the property is currently undergoing development on the upper floors. This space is being converted into residential apartments with parking made available to the side of the property. Subject to tenancy terms, a new pub leaseholder or staff may have the opportunity to rent an apartment above the pub.

Tenure

New IRI Leasehold - negotiable terms
10 year term
Rent of £18,000 per annum
3 year rent reviews
5 year break clause

Business Rates

Confirmation of business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

The Jubilee, Balfour Street, York, England, YO26 4YU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • York Station0.7 miles
  • Poppleton Station2.0 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 5455473-lh. 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, Pubs & Restaurants. 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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