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The Martonian Inn – Bridlington

1,250,000 GBP
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Overview

  • Updated On:
  • July 20, 2022

Description

The Martonian Inn

35 Jewison Ln, La, Bridlington YO15 1DX

£1,250,000 freehold

The Martonian Inn is a substantial freehold pub with a substantial restaurant trade. Ideally located in the village of Sewerby, surrounded by over 3,000 holiday homes within walking distance.
Highly profitable, opportunity to develop further, includes a luxury six-bedroom house.

BULLET POINTS
-Substantial pub & restaurant
– Parking for up to 30 cars
– Over 200 covers
– Beautifully presented throughout
– Surrounded by over 3,000 holiday homes
– Luxury six-bedroom house
– Opportunity to expand significantly
– Same owner/operator for 18 years
– Turnover 2019 £851,134
– ANP in excess of £200,000

SUMMARY
The Martonian Inn is an absolutely fantastic, brand-like operation in Sewerby, near Bridlington, surrounded by over 3,000 holiday homes.
This substantial pub predominately serves a carvery menu due to the high volume of customers.
Included in the price is a luxury six-bedroom house.
There is a fantastic opportunity to extend the property further and add letting rooms, subject to a successful planning application.

LOCATION
The Martonian Inn in Sewerby, a village between Bridlington and Flamborough Head.
Flamborough Head is a ‘Special Area of Conservation’, the ‘Flamborough Heritage Coast’ attracts significant numbers of tourists each year who are visiting the ‘Yorkshire Heritage Coast’.
Bridlington, known as the ‘Lobster capital of Europe’ is also one of the most popular and visited towns on the East Coast of Yorkshire.

DEVELOPMENT OPPORTUNITY
The substantial pub, circa 400 sq/m is one storey, subject to a successful planning application this could be developed to 2 or 2.5 storeys, which could be dedicated to letting rooms.
Planning permission has been granted to convert the ‘covered patio’ into a two storey permanent structure with a sun-terrace.
Opening seven days a week would give rise to potential sales growth.

CURRENT TRADING HOURS
The Martonian Inn is open from Wednesday to Sunday 12noon until 10pm.

FIXTURES AND FITTINGS
All fixtures and fittings not personal to our client are included in the sale.

TENURE
The Martonian Inn is available to buy as a freehold property, at £1,250,000

CAR PARKING
There is private parking for up to thirty cars.

TRADING INFORMATION
Accounts show consistent takings of over £850,000 per annum, generating an incredible Adjusted Net Profit of over £200,000.
Full accounts are available upon request.

 

State/County:
Country: United Kingdom
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Property Id : 21503
Price: 1,250,000 GBP

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