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TOWN CENTRE SITE

Gilly Gate

Gillygate, York, North Yorkshire, YO31 7EQ

Ingoing Cost: £49,475
Annual Rent: £43,900

Features
Trading style
Key financials

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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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Restaurant/Dining

Property details

Situated along bustling Gilly Gate, a main pedestrian route leading to York city centre, this pub presents an exciting investment prospect. Its prime location, adjacent to key landmarks such as the historic city walls and the renowned York Minster, guarantees a steady flow of passersby. With over 6,000 residents within a 10-minute stroll and nearly 29,000 within a 20-minute radius, the demographic skews towards high affluence and a youthful profile, ensuring a vibrant and diverse customer base.

The Gilly Gate will be undergoing refurbishment, which will cover the interior and exterior of the pub.

Expect a revitalised interior with a main drinking lounge, snug areas, and a modern kitchen, all enhancing the dining experience. With premium lagers, craft brews, curated wines, and a quirky food menu, this pub promises to captivate discerning palates.

The private accommodation consists of one bedroom and a bathroom. Where required, there will be appropriate works carried out in line with the landlords ready-to-trade promise.

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Cask Ale

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Catering Kitchen

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Experienced Operator

Trading style

Among 7 nearby competitors, such as Exhibition and Hole in the Wall, this pub is set for distinction. Post-refurbishment, it will attract locals, young professionals, and tourists with its refreshed atmosphere and enticing offerings.

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 Gilly Gate 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

Reference Number: 8M9JTW / 2302685101
Agreement Type: Tenancy

Min Ingoing Cost: £49,475.00
Annual Rent: £43,900.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

Annual Rent £43,900
Estimated Annual Turnover £689,637
Deposit £10,975
Estimated Fixtures & Fittings Value £27,500
Estimated Stock Valuation £7,500
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £49,475
Estimated Minimum Ingoing Costs £49,475

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.

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