• Size:
    Undisclosed
  • Usage:
    A3, A4
  • Sale Type:
    For Sale
  • Rental Income:
    N/A
  • Property Type:
    Other
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    No
  • Energy Rating:
    N/A

AN IDEALLY SITUATED WELL MAINTAINED SEASIDE PUB IN THE HEART OF FLAMBOROUGH BETWEEN FILEY AND BRIDLINGTON ON THE YORKSHIRE RIVIERA

IDYLLIC COASTAL PUBLIC HOUSE BENEFITTING FROM LOCAL TRADE AND A VERY HEALTHY TOURIST TRADE OFFERED AT AN ASKING PRICE OF £369,000 FREEHOLD TO INCLUDE FIXTURES AND FITTINGS GOODWILL PLUS SAV.
Robust sales £325,378 inc vat split 25% Wet 75% Dry – net Profit £67,000
A warm and welcoming bar area (25) tastefully decorated through to a bright and well presented restaurant (50)
A further trading area with independent bar servery (30)
Well fitted catering kitchen of good size
Desirable owners 2 bed accommodation
Delightful sizable family beer garden with car parking

Mentioned within the GOOD PUB GUIDE and THE AA PUB GUIDE. A well maintained white washed building on a corner position which benefits when awash with hanging baskets. The property has two entrances. One into the front of the building, taking you into the bar area. To the right is a room with an independent bar servery with fixed and loose seating for 30. To the left is the MAIN BAR area with wood burner and CENTRAL BAR SERVERY, beamed ceilings and feature fire place with fixed and loose seating for 25. Open arch to the restaurant which is bright and airy with direct access to the well equipped kitchen. The RESTAURANT has seating for 50 people and is well presented. This property has been maintained to a high standard by the present owners for the last 8 years.

OWNERS ACCOMMODATION

Consisting of 2 bedrooms. bathroom. kitchen and living room. The accommodation is of a high quality.

EXTERNALS

Parking is to the side of the property with a sizable beer garden to the back on a grassed area with wooden picnic style tables.

PREMISES LICENSES

We are advised that the business currently opens every day Thereon traditional split opening hours apply of 12 Noon till 3pm then 6pm till 11pm. The Premises license provides for openings from 11am till 12pm all week with 10.30pm on Sunday. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses.

TENURE

We are instructed by our private clients to offer the property as FREEHOLD.

SERVICES

We are advised that the pub benefits from mains electric, water, sewage with heating and cooking by GAS.

THE BUSINESS

Our clients have owned the business for 8 years and are looking to partially retire. We have accounting information to Sep 2010 showing Sales of £325,378 inc vat. On a split of 25% Wet to 75% Dry with a RECON NET PROFIT of £67,000 (after adding back personal and one of expenses along with Directors remunerations). Its all there to be taken by a new focused energetic owner who should expect to be able to grow sales beyond the £400,000 marker especially bearing in mind trading hours that are currently unused.

Head Westwards from the famous Flamborough Head and you will swiftly arrive at this pleasing 200 year old village pub. Situated on the B1255 Flamborough is one of the gems of the Yorkshire “Riviera” coast line, a headland that is bypassed by the main coast road. Famous for its lighthouse, the original one dates back to 1806, and can be seen for 21 miles. The history and romance of the town, centres around its tradition of piracy, shipwrecks and smuggling. Just a few miles away from Bridlington its a very popular tourist destination with its dramatic white chalk headland.