Overview
- Updated On:
- February 13, 2025
Description
Incredible Development Opportunity
Charming Rural Pub & Restaurant with Letting Rooms on the Edge of the North Yorkshire Moors National Park
Overview
This stunning property offers a rare opportunity to acquire a rural pub and restaurant with letting rooms, situated on the southern edge of the North Yorkshire Moors National Park. The site presents significant potential for further development, allowing buyers to enhance revenue streams or repurpose the property entirely.
Whether retained for commercial purposes or converted into residential dwellings (subject to planning approval), this property offers endless possibilities for investors or developers.
Key Highlights
Prime Location:
Nestled on the edge of the North Yorkshire Moors National Park, a popular tourist destination attracting nearly 9 million visitors annually, contributing over £900 million to the local economy. Visitors to North Yorkshire collectively spend £4 billion annually, creating immense business potential.
Flexible Usage:
The property can continue as a thriving pub and restaurant or, subject to planning, be converted into one or two residential dwellings.
Development Potential:
Main Building: Scope to convert into two large semi-detached homes.
Additional Properties: Opportunity to develop up to four new properties on-site, including utilizing the car park and expanding the existing single-story building, subject to successful planning applications.
Property Details
Internal Area: 530 sq/m (with further details available upon request).
External Area: Generous 0.6-acre plot with development potential.
Investment Opportunity
This property represents an outstanding investment, with potential for:
Increased revenue through daytime trade and additional letting rooms.
A projected GDV of approximately £3 million, achievable through residential conversion and new builds within the plot.
Tenure & Pricing
Nationwide Business Sales are delighted to present this exceptional property to the market at offers over £1 million. Our clients are open to considering offers subject to planning.
For further details or to arrange a viewing, please contact us today. Don’t miss this unique opportunity to acquire a property with unmatched potential in a prime location.
