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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 the quaint village of Seamer, just a stone's throw from Scarborough, an exciting investment opportunity beckons. With a mature demographic and a steady stream of passing tourists, this area presents the perfect setting for a premium local pub experience. Unlike its competitors, this village lacks a direct contender, providing a clear pathway for a traditional, high-quality establishment to flourish.
The Londesborough Arms will be undergoing a refurbishment which will cover the interior and the exterior of the pub.
The private accommodation details are to be confirmed.
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Live Sports
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Experienced Operator
Trading style
This exciting investment opportunity will transform this traditional coaching inn to include a 70-cover dining area and upgraded kitchen facilities. Once meticulously refurbished, this pub will present a premium local pub experience for village residents who are passionate about a traditional pub experience with character. It will also attract tourists from surrounding areas to this picturesque setting with an extensive outdoor pub garden.
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:
£46,201.00
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Annual Rent:
£45,059.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £45,059
Estimated Annual Turnover £630,282
Deposit £11,265
Estimated Fixtures & Fittings Value £22,000
Estimated Stock Valuation £9,436
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £46,201
Estimated Minimum Ingoing Costs £46,201
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.