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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 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
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.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
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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
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
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