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Helwith Bridge Inn

Austwick Road, Helwith Bridge, Settle BD24 0EH
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Ref: 5455469
Freehold£350,000

Contacto

Alex Rex
Alex RexAssociate Director - Pubs & Restaurants

Características principales

  • Net Profit of £88,227 Y/E Apr 22
  • Same ownership for 9 years
  • Planning for 3 bedrooms to be constructed
  • 4 bedroom owner's accommodation
  • £309,000 Turnover Y/E Apr 2022
  • Energy Rating C
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Helwith Bridge Inn
Austwick Road, Helwith Bridge, Settle BD24 0EH
Ref: 5455469

Helwith Bridge Inn

Descripción

Helwith Bridge Inn is a traditional, independently owned, free house, real ale pub. The building of the Helwith Bridge Inn dates back to the 1820s when it was built as a canteen for the local quarry workers. It has been a public house since the 1870s when the adjacent railway line was built.

Ubicación

The pub is set in the heart of the Yorkshire Dales National Park, some two miles from Pen-Y-Ghent, the first ascent on the Yorkshire Three Peaks Challenge. Backing on to the River Ribble and the Settle to Carlisle Steam Railway line, the Helwith Bridge Inn is the perfect place to stop off or make as your base whilst you enjoy the many activities and scenery of Ribblesdale. The pub is a haven for amongst others; walkers, cavers, climbers, cyclists and campers; as well as being a meeting place for the locals of Helwith Bridge and Horton in Ribblesdale. The pub is approximately five miles from Settle, nine Miles from the village of Malham and six miles off the A65, which leads to the Lake District and North Yorkshire.

Zonas Comunes

The property comprises of three main rooms to the first floor. The bar area consists of a main bar with open fire and seating for 30. The restaurant area has 30 covers and next to that is an equally sized games room that could allow the extension of the current restaurant. There is also a snug accessed from the main bar area. Ancillary areas include a commercial catering kitchen, customer toilets and cellars.

Mobiliario, equipamiento e instalaciones

All fixtures and fittings are owned by the current owners except for a remaining three year lease on a dishwasher and the cooler system in the cellar. Fixtures and fitting are included in the sale except for the clients personal belongings.

Características del exterior

The property is based on a large plot of land with a car park to the front and terraced space to rear over looking the River Ribble and The Helwith Bridge with the Settle Carlisle Steam Railway running along the opposite bank. Motorhomes are currently advertised to be able to stop over for one night in the car park and their is a field adjacent (not owned by the pub) where campers stay. There are five premises next to the pub, two of which are holiday lets. All of this provides additional income for the business.

Alojamiento para el propietario

The first floor comprises of living space, with a living room, shower room and four bedrooms. This was formerly letting rooms and is currently used by our clients as living accommodation, but could be converted back to letting rooms if required.

Otras propiedades

There is a four person bunk building, Hotel Paradiso, on the site that is available to lease by the purchasers of the pub, for £100 per annum.

La oportunidad

The Helwith Bridge Inn is situated in an ideal location in the Yorkshire Dales National Park. Cycle races, the Yorkshire Three Peaks Challenge, other sites such as Malham cove and the lake district are all on its doorstep. The business has been run by our clients for the last nine years and they have consistently turned over in excess of £230,000 (excluding financial year 2020/21) and made a net profit of around £40,000. In 2022 the business had its best year since COVID-19 and achieved £309,777 turnover with £88,227 net profit. The sellers have been running the business with minimal marketing and on limited staff and hours, therefore there is plenty of scope to grow the business. The four bed accommodation was formerly used as letting accommodation and could be converted back to add an additional income stream. The position is desirable and will appeal to existing operators and lifestyle buyers looking to move to the Dales. Additionally planning permission has been approved for the erection of a separate building in the car park for 3 additional en suite bedrooms.

Personal

Our clients currently run the business with the assistance of four part-time members of staff.

Datos económicos

Year ending April 2019; turnover £236,397, net profit £37,056. Year ending April 2020; turnover £207,202, net profit £39,553. Year ending April 2021; turnover £140,179, net profit £31,942. Year ending April 2022; turnover 309.777, net profit £88,227

Horario de apertura

Monday to Sunday 12pm - 11pm Food Served; 12pm-3pm and 5pm-9pm Monday to Friday 12pm-9pm Saturday 12pm-7pm Sunday

Permisos

Full planning permission for erection of single storey detached building to provide serviced accommodation for the hotel (3 ensuite bedrooms), installation of an air source heat pump, integrated solar panels and provision of 3 no. parking spaces with EV charging points

Tenencia

Freehold

Datos comerciales

Confirmation of business rates payable should be obtained from the local authority.

Licencias

Premises licence.