Overview
- Updated On:
- July 20, 2022
Description
Coaching Inn, Whitby
Freehold
Rare opportunity to purchase a thriving freehold, free of tie pub with letting accommodation for up to 16 guests.
Outstanding town centre location in Whitby.
BULLET POINTS
⦁ Freehold pub
⦁ 80 cover restaurant seating
⦁ £300,000 T/O 2021, July – Sept
⦁ Sought after location
⦁ Five letting rooms
⦁ Three-bedroom holiday let
⦁ Same owner for over 30 years
⦁ Fully refurbished
⦁ Fantastic reputation
⦁ Opportunity to develop
SUMMARY
What a cracker!! A very rare opportunity to purchase a detached, freehold pub in the heart of Whitby, one of Yorkshire’s most popular seaside towns.
Fully refurbished, 80 seater restaurant, two bars, five letting rooms and a three bed holiday let / owners accommodation.
LOCATION
Whitby is one of Yorkshire’s finest gems, sitting on the Yorkshire Heritage Coast.
Surrounded by the Yorkshire Moors, Whitby, Robin Hoods Bay, and Scarborough attract substantial visitor numbers throughout the whole year.
DEVELOPMENT OPPORTUNITY
The building could be extended further subject to a successful planning application.
TENURE
Our client is selling the business and freehold, price on application.
TRADING INFORMATION
Full accounts are available upon request.
Sales in the three months from July to September were £300,000.
Pre covid accounts show a consistent adjusted net profit of circa £125,000.
