£279,950

Pub/bar for sale

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Business

£279,950

(£279,950.00/sq. ft)

Pub/bar for sale

Main Street, Wetwang YO25

1 sq. ft

Local area information

Property location

Nearby amenities

  • Wetwang Church of England Voluntary Controlled Primary School 0.2 miles
  • Garton-on-the-Wolds Church of England Voluntary Controlled Primary School 3.1 miles
  • Driffield 6.1 miles
  • Hutton Cranswick 7.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Village centre location
  • Terraced period property
  • Two trade areas (120+)
  • Spacious owners accommodation
  • Beer garden and parking to the rear
  • Excellent passing trade and very popular with the local community
Location:
The Victoria Inn is situated on the main road through the affluent and picturesque village of Wetwang, close to Driffield. The village is in the Yorkshire Wolds, an area of low chalk hills in the counties of the East Riding of Yorkshire and North Yorkshire, in north-eastern England. The pub’s location results in an abundance of passing trade from tourists and day trippers visiting the area and Wetwang also benefits from being on the main route from York to Bridlington, increasing trade to the pub.

The Victoria Inn is a wonderful period pub with an open fireplace, a beer garden and parking to the rear. It is a very popular establishment and has the potential to become an even more popular destination for locals, tourists and passing trade.

Trade areas:
The ground floor is split into two trade areas.

Main bar area, a spacious L-shaped trade area centered around a large bar servery. It has seating for approximately 70 and is presented with carpet flooring, bench seating, feature fireplace and a games area offset.

To the rear of the Main Bar area is the restaurant, with seating for approximately 52, carvery serving station and access to the rear beer garden. To the rear of the dining room is a fully equipped commercial kitchen with separate wash up and dry and cold store areas.

Basement cellar providing an additional storage area for drinks, etc.

Owners accommodation:
Located on the first floor is a spacious flat, comprising: Three bedrooms, large kitchen, living room, bathroom and private entrance.

External:
To the rear of the building is a small south facing beer garden with smoking solution. An outbuilding is used for storage. There is also a large customer car park.

Licence:
A full License is held.

Services:
Mains water, electricity and drainage are connected. An lpg Gas tank is installed to the rear of the property.

Local authority:
East Riding of Yorkshire, Register Square, Beverley, HU17 9BA
Tel: There is no rateable value for this property.

Further accounting details will be made available to all interested parties after a formal viewing.

Freehold £279,950 to include goodwill and fixtures and fittings. Stock at valuation in addition.

Alternatively:

Furnished leasehold: Nil Premium. Furnished Lease. Stock at valuation in addition.
Term: For a term of 6 years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Assignable subject to Landlord’s consent.
Deposit: The successful applicant will be required to lodge with the freeholder a deposit equivalent to 3 month’s rent in advance.
Rent: Annual rent £20,000, paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Full repairing and insuring lease agreement.
Tie: Free of all trade ties.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: Please note that VAT will not be payable on the Premium and rental payments.

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

Viewing strictly by appointment only.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Sidney Phillips. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sidney Phillips for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. East Riding of Yorkshire
  4. East Yorkshire
  5. Driffield
  6. Wetwang
  7. Main Street