The New Inn, Cropton, Pickering, YO18 8HH
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- SIZE
Ask agent
- SECTOR
Pub for sale
Key features
- Additional Cottage For Sale
- Y/E Aug 24 - Turnover £752,985
- Y/E Aug 24 - Adj Net Profit c.£160,000
- 9 Letting Rooms
- 0.64 Acre Plot
- Energy Rating C
- Christie & Co Ref: 5455549
Description
The New Inn is situated on a 0.64 acre plot in The North Yorkshire Moors National Park. With holiday cottages adjacent, along with Cropton Brewery, the site may be a little off the beaten track, but there are many reasons to visit the area even if you aren't staying on site. This traditional pub has nine letting rooms and an additional cottage available to purchase. The split is relatively even between, wet/dry and accommodation.
LocationThe site is located in the village of Cropton near Pickering in North Yorkshire, set on the border of North York Moors National Park.
The Village is easily accessible via the Thirsk to Scarborough Road (A170) which provides access to the A19. The city of York is located approximately 30 miles south east and the affluent market towns of Helmsley and Pickering within 12.5 miles and 5.2 miles respectively.
The pubs main trading area comprises of a bar with snug area, restaurant/dining area and a games room with pool table.
Ancillary areas include; customer toilets, beer cellar and a commercial grade catering kitchen.
We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.
We are advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.
Arranged over the second and third floors there are nine double letting rooms all of which have en suite bathrooms and TV's.
External DetailsA car park for approximately 40 cars and a beer garden that could seat in excess of a 100 people with certain layouts off ample outside space in this picturesque part of North Yorkshire.
The OpportunityThe New Inn offers any new buyer the opportunity to trade this already excellently performing pub, and take it to the next level. The owners family have been the landlords for a number of years and are looking to move onto other ventures, although if the client that buys it is looking for a tenant then the current occupier is open to conversations.
There is also the opportunity to develop a relationship with the neighbouring brewery that is also for sale. The holiday cottages at the back are occupied regularly and those clients are a captive audience for the pub. The owners of those are also potentially open to the sale of those properties.
Staff are subject to TUPE regulations.
Trading InformationTurnover for year ending 2024 - £752,985
Wet 32.7%
Dry 33.7%
Accommodation - 30.9%
Other - 3.4%
Adjusted Net Profit - circa £160,000
Monday - Sunday 11:30 - 22:00
TenureFreehold
Energy Performance Certificates
EPC 1Brochures
The New Inn, Cropton, Pickering, YO18 8HH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Glaisdale Station10.5 miles
Notes
Disclaimer - Property reference 5455549-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, 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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