A rare opportunity to run the fantastic Museum Street Tavern has become available. A City centre operation located 200 yards from York Minster opposite Museum Gardens. Its trading area is spread over two floors and has a fully operational kitchen that can cater for any food offer. This is a real opportunity for someone who wants to establish themselves in York with a strong retail proposition. A full internal refurbishment happened in 2023 and boasts beautiful areas for customers to relax, drink and dine.
The pub is split over two floors - the ground floor has 2 bars, serving 3 rooms on different levels. The second floor has a function room/additional seating and the kitchen is also located on this floor. The toilets are on the first-floor landing and the living accommodation with 3 bedrooms at the top. The site has a contemporary interior with distinct zones, giving you the optionality to make the pub work for your offer.
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The private accommodation is large with 3 bedrooms, lounge and kitchen. This is situated on the third floor of the pub and benefitted from a refurbishment in 2023.
Forecast Turnover: £429,222.13
Year 1 Rent: £0.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Full Deposit: £8,750.00
Full Tie Release: £35,000.00
Agreement Fee: £750.00
Repair Fund: £3,000.00
Fixtures & Fittings: £60,000.00
Working Capital: £66,000.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £287,411.01
Forecast Dry Turnover: £141,811.12
Forecast Other Turnover: £0.00
Opportunities like this are extremely rare, and I am very excited to bring this site to the market. We’re looking for an experienced operator with a strong retail proposition to take on this opportunity. There is a strong all-day opportunity from breakfast & brunch to late-night drinks. We have invested in both the interior and exterior recently so this site is positioned well to perform successfully with a comprehensive relaunch plan, which Stonegate can support with.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
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
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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