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Beer Garden
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External Drinking Area
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Letting Rooms
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Car Park
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Coastal
Property details
Located in a picturesque village setting, the pub benefits from a train station within the village offering direct links to York and Scarborough, as well as a busy tourist road running through the area. This steady flow of visitors, alongside residents, creates year-round trading potential. There are 1,300 adults living within a 10-minute walk of the pub and 2,100 within 20 minutes, providing a solid base of local trade. With the pub currently closed, there is a clear opportunity to rebuild its reputation and reposition it as the go-to premium local. Direct competition for a premium pub experience does not exist within the village, with the nearest alternative being a family dining venue.
The refurbishment will reintroduce the pub to the community with a fresh, modern feel, designed to appeal to a broader and more diverse customer base. With a large refurbished kitchen and eight letting rooms, there is strong potential to attract diners, tourists, and destination visitors, as well as tapping into after-work socialisers and weekend breaks.
The refurbishment will cover both the interior and elements of the exterior of the pub. The pub’s trading area and facilities post-refurbishment will be:
- Main trading area with a bar
- Snug area
- 78 internal covers
- 24 external covers
- Fully refurbished commercial kitchen - approximately 450 sq ft
- Eight letting rooms
- Private accommodation with two bedrooms
- Small patio garden
- 64-space car park
- HEINEKEN SmartDispense
The private accommodation consists of two bedrooms, a living room, a kitchen and a bathroom.
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Live Sports
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Experienced Operator
Trading style
A £243,000 refurbishment is planned to transform the Londesborough into a premium village pub with a strong food and letting rooms offer at its heart.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Londesborough Arms will have extensive experience in similar hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub's next chapter.
Key financials
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Reference Number:
8M9JTW / 2302976101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£42,973.00
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Annual Rent:
£29,895.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual Rent £29,895
Estimated Annual Turnover £486,811
Deposit £7,473
Estimated Fixtures & Fittings Value £22,000
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £42,973
Estimated Minimum Ingoing Costs £42,973
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.