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WELL – PRESENTED, REFURBISHED FREEHOLD OR FREE OF TIE LEASEHOLD INN FOR SALE WITH CHARMING BEER GARDEN, OFFERING SIGNIFICANT POTENTIAL, LOCATED IN THE ATTRACTIVE VILLAGE OF MURTON ON THE OUTSKIRTS OF THE HISTORIC CITY OF YORK

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  • Traditional and well positioned village inn near to York and popular visitor attractions in North Yorkshire.
  • 4 separate trading areas, each full of character comprising Snug Bar (circa 12), Lounge Bar (circa 10) and 2 Dining Areas (circa 30).
  • Attractive Beer Garden to front of property including large Decked Area (circa 50).
  • Immaculate, recently extensively refurbished 3 Bedroom Owners Accommodation.
  • Fully equipped and spacious Commercial Kitchen.
  • Land to rear of property offering further potential (STPP).
  • Undoubted potential for new owners.
  • Available either Freehold or Attractive New 10 year Free of Tie Private Landlord Renewable Lease.
AN EXCELLENT OPPORTUNITY TO ACQUIRE AN EXTREMELY WELL-PRESENTED VILLAGE INN OFFERING CONSIDERABLE POTENTIAL.


ASKING PRICE £425,000 FREEHOLD OR £29,500 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, EXCLUDING S.A.V.

Location

Murton is a village and a civil parish on the outskirts of the City of York, North Yorkshire. To the west there is the A64 and the village of Osbaldwick, to the south the A166 road to Bridlington, to the north the village of Stockton-on the Forest, and to the east the villages of Holtby and Warthill. The village is home to the Yorkshire Museum of Farming at Murton Park where there is a small railway track which is the remains of the Derwent Valley Light Railway. The York Livestock Centre is also located in Murton.

York is an Historical City, founded by The Romans in AD57 within the highly popular County of North Yorkshire. The population of the city and surrounding villages is in excess of 200,000.

The City is located at the confluence of the Rivers Ouse and Foss and is known for its famous historical landmarks such as York Minster and The City Walls as well as a variety of cultural and sporting activities which makes it one of the most visited cities in the North of England by tourists from all over the world.

A 2014 report stated that York receives over 6 million visitors annually contributing £564 million to the local economy and supporting around 19,000 jobs.

In the 19th Century York became a major hub of the railway network and to this day offers excellent rail links to London and other major towns and cities.

The A64 dual carriageway provides easy access to the A1(M) and M1 motorways and the stunning East Yorkshire coast and popular seaside resort of Scarborough.

THE PROPERTY

This traditional inn is of brick construction, under a pitched, tiled roof, occupying a prominent roadside position in the heart of the village.

The business is presented to a very high standard and offers 4 separate trading areas. All trading areas, Lounge Bar (circa 10), Snug (circa 12) and two Dining Areas (circa 30) complement each other and offer character through wooden flooring, beams and exposed brickwork. Lounge Bar.

Seating is provided by a variety of chairs around sturdy wooden tables.

Well-presented Ladies and Gents W.C.’s. are accessed from main trading area.

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.

OWNERS ACCOMMODATION

The owners’ accommodation has recently been extensively refurbished to an extremely high standard and comprises 3 bedrooms (one en-suite) kitchen, lounge, dining room and bathroom.

EXTERNAL

To the front of the property is an attractive enclosed Beer Garden laid to lawn with an attractive decked area offering seating for circa 50.

To the rear of the property there is parking for around 20 cars. Beyond the Car Park is additional land which offers the potential to introduce camping/glamping/lodges subject to the necessary consents.

TRADING HOURS

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 11am to midnight

Sunday 11am to 11.00 pm

N.B. 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 property and business is being offered for sale freehold (although we have not had sight of the title deeds) or as a new highly favourable 10-year Private FRI Lease Agreement as follows:

1. The asking price will be £29,500.

2. The initial rent will be £25k per annum.

3. Thereafter the annual rental is simply RPI linked to inflation every 3 years, hence no market rent reviews.

4. Rent payable quarterly in advance.

5. Lease assignable after initial 2 year period.

6. Free of all brewery and supply ties.

7. Each party responsible for own legal costs relating to the transaction.

8. We are advised that our vendor client may be agreeable to insert an ‘Option to Purchase’ clause within the lease agreement, to enable the lessee to subsequently purchase the freehold at a price to be mutually agreed.

We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954.

We are advised that the inn benefits from all mains services (no services seen or tested).

We are advised that Business rates are TBC.

THE BUSINESS

The current owners purchased the business 3 years ago. The Property has undergone a major refurbishment.

The business offers a turn key proposition and significant potential in the hands of ambitious new owners/operators.

Limited historical accounting information may be available to interested parties after viewing.

Viewing appointments must be made by contacting Guy Simmonds at sales@guysimmonds.co.uk.

Details Prepared: December 2019.

ADDITIONAL IMAGES

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