Pubs On The Market v2.0

Castle Inn Knaresborough

Yorkshire and the Humber

23 Castlegate, Knaresborough, North Yorkshire HG5 8AR, UK

The Castle Inn is situated in the centre of Knaresborough just off the marketplace, adjacent to the Castle Grounds and car park. The town enjoys a good level of tourist trade with attractions such as Mother Shipton’s cave as well as the castle and grounds. The Castle Inn is a small, cosy pub with a quirky interior full of character and “olde worlde” charm. The traditional single bar operation that serves popular ales is welcoming and warm, refurbished in a sympathetic manner to the pubs age and style. Throughout the pub there is seating and armchairs that provide up to 40 covers with lovely décor and interesting fireplaces that enhance the homely feel of the place. There is a compact catering kitchen with enough scope for a simple food offer to gain additional revenue if the new publican wishes to. The pub also boasts a quaint terrace providing room for a small trading area outside for the warmer months. The private accommodation consists of three-bedrooms, a spacious lounge, kitchen and shower room, ideal for a family. Stonegate Pub Partners are seeking an experienced publican to take on this fantastic opportunity in this stunning, traditional pub.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

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Everything about the Pub

Knaresborough is a beautiful and historic market town which sits in the affluent triangle of York, Harrogate and Leeds. The town has close links to the surrounding major cities as it is on the main route from York to Harrogate which leaves it both well connected for the locals and a great stopping point for travellers. The town is renowned for its tourist attractions with the beautiful River Nidd and Mother Shipton’s Cave both nearby. With a regular market being held every Wednesday that attracts plenty of custom, it is a true market town. The pub is in the centre of town, just off the famous ‘Market Square’ which puts it in a popular and prime location, perfect for gathering plenty of passing trade.

Private Accomodation

The accommodation can be accessed next to the bar and comprises of a large lounge, kitchen and a shower room to the first floor and 3 bedrooms to the second floor.

Agreement Fee: £750.00

Cash Float: £500.00

Fixtures & Fittings: £10,000.00

Forecast Turnover: £222,607.37

Full Deposit: £4,000.00

Full Tie Release: £16,500.00

Guide Rent: £16,000.00

Initial Deposit: £0.00

Repair Fund: £2,000.00

Stock & Glassware: £2,500.00

Working Capital: £13,000.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £73,749.21

Forecast Other Turnover: £0.00

Forecast Wet Turnover: £148,858.16

Additional Info

Ingoing Cost: £13,000.00
Annual Cost: £16,000.00

Agreement Type: Fixed Term Tenancy

The Castle Inn presents a fantastic opportunity for the new publican to take a beautiful well-presented traditional pub. The business is currently trading as a wet-led business, with cask ales and craft beers, playing a role in its success. There is a small food offer with an opportunity to develop it further to supplement the wet trade and appeal to the passing custom.

Contact

Contact The Love Your Pub Team:

Contact number: 01329 227488

Contact email address: info@loveyourpub.co.uk

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MISREPRESENTATION ACT 1967

The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.