The Fleece Inn is located in a prominent high street location opposite to the town hall in the affluent market town of Northallerton. Within this area and well within easy walking distance are many other retailers, pubs and shops which attracts a strong level of footfall to this area of town on a daily basis. This well-presented pub has great character; original and traditional features add to the charm of this lovely pub. Low beam lined ceilings, flagstone flooring and an exposed brick fireplace give welcoming touches and lend themselves well to a pub of this period. There are several smaller areas including a snug where guests can eat, drink, socialise or enjoy sports viewing, each have their own modern and stylish touch. A mixture of loose tables and chairs together with fitted leather bench seating can accommodate up to 100 covers throughout. There is a good-sized kitchen with scope to develop this side of the business and there are certain areas that could easily be dedicated for food at all times, if used correctly for driving sales and attracting diners. A large, paved beer garden with a mixture of furniture and benches provides a lovely, secluded spot for guests to relax with a drink. With further improvements and effective marketing there is upmost potential to significantly drive sales and increase footfall.
The private accommodation consists of three-bedrooms, a lounge and a kitchen, all in good decorative order.
Forecast Turnover: £410,040.84
Year 1 Rent: £0.00
Guide Rent: £30,000.00
Initial Deposit: £0.00
Full Deposit: £7,500.00
Full Tie Release: £38,250.00
Agreement Fee: £795.00
Repair Fund: £2,500.00
Fixtures & Fittings: £25,000.00
Working Capital: £30,500.00
Stock & Glassware: £8,000.00
Cash Float: £5,000.00
Forecast Wet Turnover: £287,023.32
Forecast Dry Turnover: £123,017.53
Forecast Other Turnover: £0.00
The Fleece Inn is a great multi-faceted pub and is suited to an experienced publican willing to immerse themselves in all aspects of a vibrant community. This excellent pub benefits from a good local following who enjoy a drink and the social aspects of the venue. There is significant potential and opportunity to develop an appropriate food offer which will provide an additional stream of revenue, appealing to those visiting the area. Sports and games are an important feature, with horse racing being a particular passion within the locality. With the addition of Sky and BT Sports, together with engaging with local teams, there is excellent potential to grow this side of the business. A regular events schedule including live music would create a popular pull. Evolving the cask ales, wines and spirits to offer more specialist products is a further avenue to explore and consider.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
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MISREPRESENTATION ACT 1967
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