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Bryherstones Inn Newlands Rd

4,244 SF 100% Leased Retail Building Scarborough YO13 0AR $1,235,747 CAD ($291 CAD/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.

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
$1,235,747 CAD
Price Per SF
$291 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Land Acres
0.79 AC
  • Listing ID: 32995628

  • Date on Market: 2024-08-29

  • Last Updated:

  • Address: Newlands Rd, Scarborough YO13 0AR

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