Bryherstones Inn Newlands Rd 4,244 SF 100% Leased Retail Building Scarborough YO13 0AR £695,000 (£163.76/SF)



INVESTMENT HIGHLIGHTS
- Traditional Country Inn
- Covers 110
- Beer Garden & Playground
- Large 3/4 Acre Plot
- 40 Vehicle Car Park
- Permission For 3 Eco Lodges
EXECUTIVE SUMMARY
SUPERB INVESTMENT OPPORTUNITY AND BUSINESS WITH HUGE SCOPE TO EXPAND WITH 3 TIMBER ECO LODGES. One of the most successful historic pub/restaurants ( 110 Covers )on the East Coast within the North Yorkshire National Park on a 3/4 quarter acre plot with planning permission for 3 timber eco lodges. A very rare opportunity indeed. Owners accommodation and parking for 40 vehicles. Healthy profits with scope to extend.
Turnover for year ending 31/03/2022 was £540,000 Excluding VAT producing an adjusted net profit of £185,458. The approximate trade split is 75% food sales to 25% wet.
The rateable value is £31,750. Business rates payable we are informed are currently approximately £15,000 per annum.
Turnover for year ending 31/03/2022 was £540,000 Excluding VAT producing an adjusted net profit of £185,458. The approximate trade split is 75% food sales to 25% wet.
The rateable value is £31,750. Business rates payable we are informed are currently approximately £15,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,244 SF
Building Class
B
Year Built
1897
Price
£695,000
Price Per SF
£163.76
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.12
Lot Size
0.79 AC
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