for sale in Newlands Road, Cloughton, YO13

SUPERB INVESTMENT OPPORTUNITY AND BUSINESS WITH HUGE SCOPE TO EXPAND WITH 3 TIMBER ECO LODGES. One of the most successful historic pub/restaurants ( 110 Covers )on the East Coast within the North Yorkshire National Park on a 3/4 quarter acre plot with planning permission for 3 timber eco lodges. A very rare opportunity indeed. Owners accommodation and parking for 40 vehicles. Healthy profits with scope to extend.

An absolutely amazing opportunity to acquire one of the most successful Country Inns on the East Coast in a gorgeous North Yorkshire Moors National Park location just outside the affluent village of Cloughton, and an area very popular with locals and tourists alike very close to the Cleveland Way Walk. The Bryherstones Country Inn is a beautifully restored, extremely well maintained and is offered for sale after 12 years under the current family ownership. The business boasts consistent levels of turnover and profit.

The pub/restaurant area is compartmentalised into various dining areas and snugs with three serving bar areas offering a relaxing, cosy atmosphere. Decor throughout is traditional with timber beams, exposed stonework and flagged floors. Seating capacity is for 110. The kitchen is a fully equipped commercial grade for catering with more than enough storage, beer cellar, walk in fridge and customer toilets.

Uniquely the property benefits from a BIOMASS System that powers the hot water and heating system. Installed in 2013 at an approximate cost £30,000 This generates £6,000 income PA via th Real Heat Incentive payment scheme and the agreement expires in 2033. The property has an excellent "B" EPC rating.

Externally the Country Inn plot is approximately 3/4 of an acre with a beer garden, patio area, childrens playground and parking for 40 vehicles. Planning permission has also been granted for 3 timber eco lodges close to an outside stable area.
The lodges are for holiday lets only and will provide further income to the new owner when built.

On the first floor is owner or managers accommodation comprising lounge/dining area, two double bedrooms, bathroom and fitted kitchen.

Current trading hours monday to wednesday 5.30 to 8pm. Thursday and friday/saturday 12-2pm and 5.30pm to 8pm & Sunday 12-4pm with bar closing at 6pm. These hours are lifestyle choice by current owners so there is also scope to extend these hours therefore increasing turnover. The current premises Licence allows opening from 10am to 2am

Turnover for year ending 31/03/2022 was £540,000 Excluding VAT producing an adjusted net profit of £185,458. The approximate trade split is 75% food sales to 25% wet.

The rateable value is £31,750. Business rates payable we are informed are currently approximately £15,000 per annum.

In our opinion there is a huge opportunity to increase turnover and profit with extended hours and eco lodges installed and running at this destination venue. Viewing is strictly via appointment with Harris Shields Collection.