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Leasehold pub for sale in Whitby

125 Church Street, Whitby YO22 4DE | Ref: 94596
For sale
£150,000
To rent
£60,000 p.a.
sidney-phillips
This property is marketed by:
Sidney Phillips

Key Features

  • Town centre location
  • Semi-detached freehouse
  • Two Trade Areas
  • Two bedroom owners accommodation
  • Two en suite lettings rooms
  • One of only a handful of freehouses in Whitby

Location

Whitby is an extremely popular costal town on the east coast of North Yorkshire. Boasting world-famous tourist attractions such as Whitby Abbey, the North York Moors National Park and Robin Hood’s Bay, the area encourages busy trade all year round. Situated approximately 45 miles northeast of York, Whitby has undergone a resurgence in recent years and has become a very popular residential area as well as a thriving tourist hotspot.

The town is easily reached via the A171 from Middlesbrough and the A170 which connects to the 

A1(M) at Thirsk, making the area highly accessible to holidaymakers and day trippers.

Tenure

LEASEHOLD £150,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.

The property is held on a full repairing and insuring lease agreement from a private individual for a term of ten years, commencing 20th December 2018. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently stands at £60,000 per annum, paid monthly in advance. The freeholder is happy to grant a new ten year lease. An incoming party will be required to provide a rental deposit to the Landlord in advance, plus personal guarantees. The lease is free of all trade ties, however the freeholder does have a buying group and enjoys healthy discounts due to the buying power of the group. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Property

TRADE AREAS 

The ground floor is divided into two trade areas and serviced by a single servery. 

The MAIN BAR AREA has seating for approximately 50 and is presented with exposed wood, open fireplace, carpet flooring and stunning harbour views.

Just off the main bar area is a cosy SNUG, with an original fireplace, dart board and bench seating. 

On the lower ground floor is the DINING ROOM, with its own bar servery and seating for approximately 40 diners. This room also enjoys views over the harbour which creates a warm and welcoming feel. 

To the rear of the lower ground is a well-equipped KITCHEN. 

The CELLAR is situated to the rear of the property and houses additional cold stores and freezers. 

OWNERS ACCOMMODATION 

Located on the first floor and comprising:

  • TWO DOUBLE BEDROOMS
  • FAMILY BATHROOM
  • KITCHEN
  • ROOF TERRACE
  • OFFICE 

LETTING ACCOMMODATION 

Located on the first and second floors of the building and with a separate entrance are two spacious and well presented letting bedrooms. Both are doubles with en suites and are very popular.

The Board Inn is a beautifully presented three-storey, semi-detached free house situated on Church Street, one of Whitby’s many busy shopping areas, boasting an array of local and boutique retailers and stunning views of Whitby Bay. The property is understood to date from the mid 1700s and houses a wealth of period features such as ornate ceilings and wooden panelling.


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