Ye Olde Red Lion, 25 Old Oak Road, Holme-Upon-Spalding-Moor, East Yorkshire, YO43 4AD
Tenure: Leasehold
For Sale £99,950 Leasehold Business for sale (ref 20)
A traditional style public house with trade areas in a horseshoe shape around a central bar server. With first floor owners’ accommodation, pleasant patio to the rear, ample car parking, 8 detached ensuite letting rooms and 3 detached pods with hot tubs. As a result, the business offers multiple income streams.
Village Public House in a Central Position
Well Fitted Traditional Style Trading Spaces
Three Bedroom Owners Accommodation
Eight Detached Ensuite Letting Rooms & Three Pods with Hot Tubs
Car Park for 20 and Beer Patio
Public house in prominent position in the centre of the large village of Holme-Upon-Spalding-Moor, which has a resident population of over 3,000. It is 19 miles South-East and 17 miles West of the busy tourist locations of York and Beverley respectively.
Trade Areas
The property is accessed primarily from the rear car park, leading into a welcoming entrance lobby which also serves as the reception area for the guest accommodation.
The principal trading area is arranged around a substantial central bar servery, creating an attractive horseshoe-shaped layout. The décor is traditionally styled and entirely in keeping with the character of a well-established country inn. Customer seating is provided through a combination of perimeter bench seating, church pews, chairs and stools arranged around loose tables. Flooring comprises a mix of carpeting and wood-effect finishes.
Character features include timber wall panelling, exposed beams, feature fireplaces, an open fire and a separate wood-burning stove, creating a warm and inviting atmosphere. The trading space is predominantly configured to accommodate the property’s strong food-led operation.
A separate restaurant dining room, also utilised for breakfast service, provides approximately 28 covers arranged on high-backed chairs around loose tables. An additional 10 covers are available within the carvery area.
Back-of-House Facilities
Supporting facilities include ladies’ and gentlemen’s customer WCs, an upland beer cellar/store, a fully equipped commercial catering kitchen with extensive stainless-steel fittings, dry goods storage, wash-up area and walk-in refrigeration.
Owner’s/Manager’s Accommodation
Located on the first floor, the private accommodation comprises three bedrooms, a lounge, kitchen and two bathrooms. The accommodation benefits from its own self-contained entrance and lobby, providing privacy and separation from the business.
External Areas
To the rear of the property, adjacent to the main entrance lobby, is an attractive patio terrace with picnic bench seating, a pleasant pond feature and a covered seating area furnished with sofas. A customer car park provides space for approximately 20 vehicles.
The letting accommodation is arranged within two detached single-storey buildings, each providing four twin/double en-suite guest rooms. In addition, the current owners have developed three high-quality en-suite glamping pods/cabins, each benefitting from private hot tubs and enclosed garden areas. The accommodation offering includes two studio-style pods capable of sleeping up to four guests and one larger family pod accommodating up to six guests.
Further external facilities include a small enclosed service yard, currently housing a temporary structure utilised as a laundry facility.
Our client has traded the business for 14 years but has now decided to semi-retire. The lease is due for renewal within the next 12 months so any sale will be subject to renewal of this agreement.
The two main sources of income for the business are food and accommodation. It has a strong reputation for food with this been the largest income stream time. The accommodation also proves very popular with booking well in advance on a year-round basis. Drink sales are very much ancillary to both these income streams, but particularly the food trade.
The last set of accounts showed a strong net turnover of £504,376, which does not include the income from the 3 pods. The business shows good net profit. More detailed accounting information will be provided to interested parties after viewing the property.
Tenure: Leasehold
For Sale £99,950 Leasehold Business for sale (ref 20)
Well Fitted Traditional Style Trading Spaces
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