Knavesmire
Summary
The Knavesmire, York is a substantial and well‑known community pub positioned close to York Racecourse, offering an exceptional opportunity for an experienced operator to take on a large, versatile venue with strong local appeal.
Description
With multiple trading rooms, a fully equipped catering kitchen and an established wet‑led base, the pub is perfectly placed for an incoming operator to broaden the offer, elevate food trade and create a more defined destination for locals, graduates, university staff and the many racegoers who frequent the area. Success here will come from a confident operator who understands how to run a sizeable, multi‑room business and can bring energy and vision to further develop events, functions, sport and community activity.
The layout includes a spacious bar, snug, sports bar, private function room with a full‑size snooker table, and a separate meeting room, providing the flexibility to curate different experiences under one roof. The surrounding area is densely populated and in high demand, giving the pub a strong, ready‑made customer base. What makes this opportunity particularly exciting is the potential for future refurbishment.
A capex scheme is being explored to enhance food capability, extend outside areas and refresh the overall offer, giving an operator the chance to help shape the plans and influence how the site evolves. With generous private accommodation, a large kitchen and a walled beer garden, the Knavesmire offers scale, substance and the potential to grow into a thriving, modernised community pub with long‑term commercial strength.
Key facts
• Annual rent: £25,000
• Upfront cost: £16,000
• Forecasted operator turnover: £450,318
• Forecasted operator profit (inc machine): £27,192
• Forecasted operator machine profit: £1,750
• Type of tie: Full tie: All products
• Machine product agreement: Restricted (50/50 share)
Entry costs
Entry cost is approximately £16000 which includes estimated stock, deposit and working capital. Fixtures and Fitting will be rented with weekly payments made. Any additional costs will be confirmed in your schedule 1 information.
Trading space
The Knavesmire offers a large and flexible trade space built for busy community use. Guests enter into a welcoming bar and snug, while a private function room with a full‑size snooker table sits to the right, ideal for groups and events. A spacious sports bar stretches across the rear, with an area that can be partitioned for private functions, giving the pub strong versatility for race days, live sport and community gatherings. A separate meeting room, fully equipped commercial kitchen and a walled beer garden with patio complete the picture, creating a venue that can deliver multiple types of trade with ease.
Private accommodation
The accommodation comprises 8 bedrooms, kitchen, lounge, dining room, 2 bathrooms, 3 toilets and office.
Upfront cost
£16,000
Cost type:
Upfront
Key facts
Upfront cost
£16,000
Turnover (annual)
£450,318
Rent
£25,000 (annual)
Location
York, North Yorkshire
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
Message the seller. We’ll forward your details so they can reply directly.