20 Castlegate, York, YO1 9RP
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The Mount Hotel, Malton

Hotel for Sale £295,000 (ref C2130)

The Mount Hotel is a substantial four storey period property.
The property and business provides two separate bar areas, with the hotel lounge bar and dining room located on the upper ground floor and Will’s Bar being located on the lower ground floor. In addition, there are 13 well-appointed bedrooms (1 single, 10 doubles, and 2 family rooms/suites), in addition to manager’s sleeping accommmodation.
Externally, the property provides ample parking for its guests, in addition to two separate terraces/beer gardens, associated with the two different bar areas.
The property has traded as a hotel for many years and has been trading in its current format by the current owners since 2017. The hotel is popular with tourists visiting Malton and the wider area and Will’s Bar to be a popular destination for locals.

The property is subject to a 10-year lease from 26 June 2017 and ending 5 April 2027, at an initial rent of £36,500 per annum on full repairing and insuring terms.
The Landlord has indicated that he is prepared to grant a new lease to a purchaser on a similar basis to the existing lease. This is to be subject to approval, interview, and status, and at a new rent to be agreed.

Hotel for Sale £295,000 (ref C2130)

For the lease, business goodwill, fixtures and fittings, plus stock at valuation

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