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Freehold Public House & Restaurant in North Yorkshire For Sale

(Ref: 10479)

Keld, North Yorkshire, United Kingdom

Financials

Asking price: £1,000,000

Sales revenue: £395,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Bag a Business is a delighted to offer for sale this internationally famous public house, which is also the 'Highest Inn within Great Britain'. The Tan Hill Inn has developed into a highly successful business and offers infinite scope to develop further, if desired. There has been an inn on this site dating back to the Doomsday Book and it has a unique and rich heritage. Currently, the business has an annual turnover of £395,000, achieving a 61% gross profit. There remains a significant scope to develop this further, as detailed planning permission exists for an additional seven letting bedrooms, as well as expanding the commercial kitchen. The property is full of charm and unique character and has been meticulously maintained and developed by its current owners. The bar has original stone flag flooring, open fires and feature beams with lounge and dining areas for 55+ covers. There are currently 27 bed spaces within the property with seven letting bedrooms and bunkhouse accommodation. Being such a unique and distinctive property, the potential for future turnover is limitless. The Inn has a large function barn as well as a licence to perform civil wedding ceremonies. The property and its location are a particularly desirable destination venue for numerous clubs, societies and music events, as well as car and motor bike rally meets. This has been achieved without any significant marketing or advertising activity. The property is frequently used by film crews and enjoys extensive regular regional and national publicity, including the current Everest double glazing television adverts. This is a particularly attractive purchase as the property has also undergone a substantial improvement and refurbishment programme including re-pointing, a new roof, new double-glazing and solar panels. This is a rare opportunity to purchase such a thriving and highly regarded internationally acclaimed business, offering such potential for the future. Early discussions with Bag a Business must be essential.

Trading hours: Mon - Sun: 7.00am - 4.30am

Property: Freehold


Living accomodation
Substantial stone built two-storey property on prominent site, 1,732 feet above sea level, with ample external car parking facilities. GROUND FLOOR Main entrance Porch Bar with 12 taps, feature beams, stone flag flooring, open fire, tables/chairs and perimeter seating Lounge with tables and chairs for 25+ covers Fire exit, gents WC, ladies WC, Dining room with tables and chairs for 28 covers, open fire, church pews, LCD TV. Function Room with stage area, licensed for 99 seating or 175 persons standing, patio doors Commercial kitchen with 6-burner range and ovens, tiled flooring and walls, double fryer, double griddle, grill, 2 x microwave ovens, various refrigerators and freezers, hot water urn, fitted units and worktops, double sink, stainless steel tables. Freezer storage room: various refrigerators and freezers Beer cellar with external delivery access Utility area and dry goods store, walk-in chiller room Self-contained private cottage for owner's accommodation with lounge, kitchen, shower room with a walk-in shower, WC, basin and family bedroom. FIRST FLOOR - INN Accessed by two separate internal stairways. Bunk room - 2 x bunks, Bunk room - 3 x bunks, Staff accommodation room, three beds Staff accommodation room, double bed Office Bathroom with bath, WC, walk-in shower, basin. Boiler room and laundry Double bedroom with en-suite bathroom, WC, basin Double bedroom with en-suite shower room, WC, basin Twin bedroom with en-suite shower room, WC, basin 3 x twin bedrooms with en-suite shower room, WC, basin Double bedroom with en-suite shower room, WC, basin EXTERNAL Prominent elevated site Car parking facilities for 62 vehicles Outstanding views over the North Yorkshire Moors

Location
The Tan Hill Inn is located in a prominent and highly desirable trading location within the heart of the North Yorkshire Moors, three miles north of Keld. This must be regarded as one of the most unique locations available, surrounded by stunningly beautiful scenery and enjoying outstanding views. The business occupies a substantial two storey stone property, with ample car parking facilities for 62 vehicles. The property is internationally famous as it is Great Britain's highest Inn at 1,732 feet above sea level, making it a major British tourist attraction, which generates much regular repeat custom. It is easy and accessible, being only 15 minutes from the main A66 Trans-Pennine dual carriageway, as well as Swaledale, Kirkby Stephen and the Eden Valley.


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