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Castle Inn Knaresborough

Pubs & Bars • 23 Castlegate, Knaresborough, North Yorkshire HG5 8AR Management opportunity
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Summary

The Castle Inn is situated in the centre of Knaresborough just off the marketplace, adjacent to the Castle Grounds and car park. The town enjoys a good level of tourist trade with attractions such as Mother Shipton's cave as well as the castle and grounds.

Description

The Castle Inn is situated in the centre of Knaresborough just off the marketplace, adjacent to the Castle Grounds and car park. The town enjoys a good level of tourist trade with attractions such as Mother Shipton's cave as well as the castle and grounds. The Castle Inn is a small, cosy pub with a quirky interior full of character and “olde worlde” charm. The traditional single bar operation that serves popular ales is welcoming and warm, refurbished in a sympathetic manner to the pubs age and style. Throughout the pub there is seating and armchairs that provide up to 40 covers with lovely décor and interesting fireplaces that enhance the homely feel of the place. There is a compact catering kitchen with enough scope for a simple food offer to gain additional revenue if the new publican wishes to. The pub also boasts a quaint terrace providing room for a small trading area outside for the warmer months. The private accommodation consists of three-bedrooms, a spacious lounge, kitchen and shower room, ideal for a family. Stonegate Pub Partners are seeking an experienced publican to take on this fantastic opportunity in this stunning, traditional pub. Key Features • A cosy and traditional pub with bar and restaurant areaTrade kitchen perfect for developing a food offerPerfect location in Knaresborough for passing tradeThree-bedroom private accommodation, ideal for a familyDiscounts of up £245 per barrel with an average of £200 per barrel Business & Financial Information • Estimated ingoings (upfront): £3,045 • Full deposit: £2,250 • Agreement fee: £795 • Guide rent (weekly): £173 • Guide rent (annual): £9,000 • Forecast turnover (weekly): £197,672 • Forecast turnover (annual): £197,671 Ideal Operator The Castle Inn presents a fantastic opportunity for the new publican to take a beautiful well-presented traditional pub. The business is currently trading as a wet-led business, with cask ales and craft beers, playing a role in its success. There is a small food offer with an opportunity to develop it further to supplement the wet trade and appeal to the passing custom. Private Accommodation The accommodation can be accessed next to the bar and comprises of a large lounge, kitchen and a shower room to the first floor and 4 bedrooms to the second floor. Regional Manager's Thoughts The Castle Inn presents a fantastic opportunity for the new publican to take a beautiful well-presented traditional pub. The business is currently trading as a wet-led business, with cask ales and craft beers, playing a role in its success. There is a small food offer with an opportunity to develop it further to supplement the wet trade and appeal to the passing custom. Surrounding Area Knaresborough is a beautiful and historic market town which sits in the affluent triangle of York, Harrogate and Leeds. The town has close links to the surrounding major cities as it is on the main route from York to Harrogate which leaves it both well connected for the locals and a great stopping point for travellers. The town is renowned for its tourist attractions with the beautiful River Nidd and Mother Shipton’s Cave both nearby. With a regular market being held every Wednesday that attracts plenty of custom, it is a true market town. The pub is in the centre of town, just off the famous ‘Market Square’ which puts it in a popular and prime location, perfect for gathering plenty of passing trade.

Upfront cost

£3,045
Cost type: Upfront

Key facts

Upfront cost
£3,045
Turnover (annual)
£197,671
Rent
£9,000 (annual)

Location

23 Castlegate, Knaresborough, North Yorkshire HG5 8AR
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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