Pubs On The Market v2.0

New Inn Hotel Clapham

Yorkshire and the Humber

Clapham, Lancaster, North Yorkshire LA2 8HH, UK

A fantastic opportunity has arisen for an experienced operator to run the New Inn Hotel in Clapham. In between Skipton and the Lake district just off the A64, The New Inn provides letting rooms and given its rural location and nearby walks benefits from high occupancy in peak season. The pub currently operates from three key areas and offers a large catering kitchen capable of dealing with hotel and pub demand. There is a central bar when entering which serves the snug and the main bar area. The internal area has benefited from significant investment which really improves the overall offering of the pub. The layout offers various areas for both drinkers and diners but also benefits from a separate restaurant which can be utilised for hotel breakfast. With three fireplaces downstairs, the pub offers a real cosy atmosphere in the colder months and a nice snug for walkers to relax in. Along with a generous trading area, the pub is split over four floors with three of these used for the hotel. Benefitting from 17 very high standard letting rooms, all of which are en-suite, this really is a fantastic pub with lots of potential and visiting the pub to appreciate this is recommended. The outside drinking area has a large space with numerous tables which increase the capacity of the pub significantly. There is a separate hotel entrance to the rear of the pub, where the car park is situated with space for up to 30 vehicles.

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

Gallery

Everything about the Pub

Clapham is a small village just off the A64. A recent housing development is near completion and there is a population of just over 650 prior to the new housing estate. The surrounding area is largely rural with the nearest village in Newby 1.5 miles away. However, given the size of the pub and the opportunities the hotel rooms offer, this is a key destination pub in the area.

Private Accomodation

There is also onsite private accommodation which includes two bedrooms, a lounge and kitchen.

Agreement Fee: £750.00

Cash Float: £5,000.00

Fixtures & Fittings: £20,000.00

Forecast Turnover: £689,466.99

Full Deposit: £15,750.00

Full Tie Release: £36,750.00

Guide Rent: £63,000.00

Initial Deposit: £0.00

Repair Fund: £3,000.00

Stock & Glassware: £3,000.00

Working Capital: £55,500.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £215,739.97

Forecast Other Turnover: £255,841.68

Forecast Wet Turnover: £217,885.33

Additional Info

Ingoing Cost: £55,500.00
Annual Cost: £63,000.00

Agreement Type: Fixed Term Tenancy

The New Inn Hotel has a good local following from the village; however, its success lies within the opportunities that the letting rooms bring and by making the New Inn Hotel a key destination pub. The pub benefits from high occupancy rates in peak season which allow it to thrive all year round, particularly between March and November, when various walkers visit and stay at the pub. The New Inn Hotel is a great opportunity for someone who is looking to run a pub which offers everything.

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.