If you are looking to lease a pub in Ripon, The Navigation Inn is available !
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Lease A Pub In Ripon – The Navigation Inn Is Available !
Lease A Pub In Ripon – The Navigation Inn Is Available !
The Navigation is a traditional community pub half a mile from the centre of Ripon and enroute to the racecourse. It has an open layout with a carpeted lounge area and a pub game section with hard flooring, a darts board and a pool table. The pubs exterior contains benched garden areas to the front and side, providing extra covers for trade on a warm, summers day. The Navigation was extensively refurbished to include new living accommodation in December 2019. Previous years, the pub has been successful on just wet takings, however it does include a catering kitchen, which can be utilised for further trade.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Ripon – The Navigation Inn Is Available !
Ripon is a cathedral city, located in the Borough of Harrogate, the city is known for the Ripon Cathedral and the Ripon racecourse. The immediate area around the Navigation is residential, which provides a good source of local trade from the surrounding community. There are offices and businesses within a few hundred yards and Ripon centre is just a few minutes’ walk away. Its proximity to the racecourse results in brilliant trade on race day.
Private Accomodation
The private accommodation currently consists of three-double bedrooms, two of which have ensuite bathrooms and a large office that could also be a double bedroom. There is a separate bathroom and a good-sized lounge, all renovated in December 2019.
Agreement Fee: £750.00
Cash Float: £2,000.00
Fixtures & Fittings: £18,000.00
Forecast Turnover: £278,994.74
Full Deposit: £6,000.00
Full Tie Release: £24,750.00
Guide Rent: £24,000.00
Initial Deposit: £0.00
Repair Fund: £1,500.00
Stock & Glassware: £3,000.00
Working Capital: £11,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £37,859.08
Forecast Other Turnover: £3,033.58
Forecast Wet Turnover: £238,102.08
Additional Info
Ingoing Cost: £11,500.00
Annual Cost: £24,000.00
Agreement Type: Fixed Term Tenancy
The Navigation Inn represents a fantastic opportunity to cater for locals, tourists and race-goers. This pub has fantastic opportunity to gain a large footfall of customers. I am seeking an enthusiastic publican who can develop the trade, both wet and food, embrace the local community and become a hub for sports teams and events.
