Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Coaching Inn With Letting Rooms In Sowerby Bridge For Lease

Sowerby Bridge, West Yorkshire, UK
Freehold Price:
£475,000 Furniture / Fixtures included
Lease Asking Price:
£75,000 Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
Under £50K

Coaching Inn With Brewery Tap, 14 Letting Bedrooms

Key Features

• Imposing stone-built grade 2 listed building in a popular West Yorkshire town

• Well fitted trading areas including separate brewery tap style operation , separate function room with adjoining Café operation recently opened

• 14 recently refurbished letting bedrooms with scope to develop more

• Separate 2-bedroom owners – managers flat

• Established turnover achieved under management with scope to develop further

The Bull On The Bridge offers a spacious ground floor bar area is divided into two main trade rooms with access to the function room leading off, A well-appointed central bar servery is in place with access to letting bedrooms to the side. The bar area benefits from hard wood flooring.

The Sowerby Taps is a cellar style real ale bar with stepped access from street level. Stone flagged floors, low ceilings and a real fire make this a cozy bar area.

The 14 letting bedrooms are located on first and second floor and there is considerable potential to further develop more letting bedrooms in the second floor and attic void subject to planning.

The letting bedrooms are a variety of singles, doubles and studios and the majority are ensuite.

Business Overview

Our clients have owned the business since 2015 during which time they have improved the property in various areas particularly in the refurbishment of the letting bedrooms. The main public house is open daily, and the Sowerby Taps is opened mainly at the weekends. A popular function room is adjacent to the main bar and this room benefits from its own bar servery. Current trade lies in the region of £4,000 per week and trade is slit approximately 70% wet and 30 % accommodation sales. Average room rates lie in the region of £45 per person per night and guests mainly consists of walkers – tourists and visiting contractors.

Our clients currently employ various part time staff and overall do not take an active front of house role in the business. It is anticipated that with a new “hands on” owner - operator there is a real opportunity to develop trade further.

Our clients purchased a neighbouring unit in 2019 and have developed this into El Toro café which at present serves guests requiring breakfasts etc.as well as the general public. Weekly turnover is approximately £700. There is also a separate 2-bedroom self-contained flat which is capable of producing £450 - £500 pcm.

Trading Accounts
Copies of our clients trading profit and loss will be a made available with our clients’ permission following a formal viewing.

Fixtures & Fittings, Stock
A trade inventory will be prepared of fixtures and fittings to be included in the sale. Stock will be purchased by the purchaser at valuation on the day of completion.

Rates
Energy Performance Rating – The Bull is a Grade 2 listed property and does not hold a certificate.

Freehold & contents £475,000 plus stock
Leasehold & contents £75,000 plus stock
Guide rent £30,000 Per Annum. A new 10 year free of tie lease will be offered.

Property Information

Property:

Available as freehold and leasehold

Leasehold Type:
New
Lease Terms:

New 10 year free of tie lease to be offered.

Leasehold Rent:

£30,000 per annum

Living Accommodation:

Separate self contained flat well appointed with 2 bedrooms. Benefiting from its own entrance.

Location:

Location
The Bull occupies a prominent roadside position on the main road (A58) leading through the historic town of Sowerby Bridge. Sowerby lies approximately 3 miles east of Halifax. Located close to the meeting of The Rivers Ryburn and Calder with the Calder & Ribble Canal this busy market town is surrounded by picturesque farmland, moorland and woodland popular with walkers and cyclists throughout the year.

Other local attractions include the Bronte Parsonage (9m) Hardcastle Crags (6m) Shibden Hall (4m) .

The town itself benefits from its own train station offering easy access to Leeds, Halifax and Manchester. In 2013 the Town was listed as one of The Sunday Times best places to live

Premises Details:

Imposing stone built Grade 2 listed property with trading areas on the ground floor and cellar. Letting bedrooms available on first and second floor with scope to develop additional accommodation.
Separate 2 bedroom owners - managers flat. Good sized outside drinking area.

Business Operation

Reasons for selling:

Retirement from trade

Trading hours:

Public House & Hotel - 7 days
Sowerby Taps - Mainly weekends
Cafe 6 Days

Employees:
5 + part time
Years established:
10

Other Information

Inventory / Stock value:
£2,000
Leasehold asking price:
£75,000 - Furniture / Fixtures included

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to UK Northern Property Services Ltd. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here