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Rose & Crown Otley

Pubs & Bars • 20 Bondgate, Otley, West Yorkshire LS21 1AD Management opportunity
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Summary

Just off the very centre of the charming market town of Otley, The Rose and Crown Public House offers a unique opportunity to operate a traditionally presented country pub in great condition internally.

Description

This distinguished establishment exudes timeless charm and character, making it a comfortable and enjoyable destination for both locals and visitors alike. The Rose and Crown present an opportunity for further investment over time if the Publican wishes to work with SPP. Its established reputation, combined with its prime location and traditional appeal, ensures a steady stream of customers and the potential for further growth.  Key Features • Traditional Ambiance: Step into a world where history meets comfort. The Rose and Crown boast a warm and inviting atmosphere, with classic wooden floors, cosy corners, and tasteful country pub décor. • Versatile Kitchen: The well-equipped kitchen is perfectly suited to serve a delightful menu of pub dishes, ensuring guests enjoy hearty, satisfying meals. While it may not cater to restaurant-level cuisine, it excels in delivering traditional favourites with a touch of homely flair. • Spacious Bar Area: The expansive bar area is ideal for social gatherings, offering a wide selection of drinks, from local ales to great wines, ensuring every customer finds their perfect drink. • Outdoor Decking Area: To the rear of the premises, discover a beautifully designed decking area that provides sheltered seating. This outdoor space is perfect for al fresco dining or enjoying a relaxing drink in the fresh air, regardless of all but the wettest of the Yorkshire weather. • Prime Location: Situated in a bustling area of Otley, the pub benefits from high foot traffic and a loyal customer base, making it a thriving hub of community activity. Business & Financial Information • Estimated ingoings (upfront): £260 • Full deposit: £260 • Guide rent (weekly): £20 • Guide rent (annual): £1,040 • Forecast turnover (weekly): £172,846 • Forecast turnover (annual): £172,846 Ideal Operator The ideal operator is someone who enjoys operating a local pub on the edge of a market town, you will need to be interested in real ales and organising the elements of running a community pub. The pub does benefit from some circuit trade, however, the good customer base has delivered like-for-like growth of 13% for the year to August 2024 A grip on a small food operation would be advantageous to cover a simple menu, the business lacks a lot of complexity and would be suitable for new entrants as well as experienced Publicans. Private Accommodation The accommodation is spacious with 3 bedrooms and office space.   Regional Manager's Thoughts This is a solid pub for an operator who loves to be front and centre, a solid community element, good food, great Rythum of the Week activity and real ales all add up to this pub being a good proposition for a new entrant or experienced Publican who loves to be involved with building their business. There are many levers to pull here, the location is picturesque in a market town that has many reasons and events to visit throughout the year. Gear up for walkers and cyclists and you will reach out to networks that will continue to spread the word about a great pub away from the chain operations and offer Surrounding Area Welcome to Otley, a picturesque market town nestled in the stunning Wharfe Valley. Whether you’re a history buff, nature enthusiast, or simply looking for a charming getaway, Otley has something for everyone. Here are some highlights to inspire your visit: Historic Charm Cultural Delights Otley is a town that effortlessly blends history, culture, and natural beauty. Plan your visit today and uncover the many treasures that await in this delightful corner of Yorkshire

Upfront cost

£260
Cost type: Upfront

Key facts

Upfront cost
£260
Turnover (annual)
£172,846
Rent
£1,040 (annual)

Location

20 Bondgate, Otley, West Yorkshire LS21 1AD
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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