Hunmanby village pub up for sale as owners retire after 24 years
Specialist business property adviser, Christie & Co has brought to market The Cottage Inn, a well-established, traditional village pub set in Hunmanby, North Yorkshire.
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Well-known for its friendly atmosphere and ideal position near the Scarborough coast, this quaint English pub has established a great rapport amongst villagers and local sports societies, as well as visitors. The business is run as a managed house, with the tenants living upstairs, who will be vacating upon a sale being agreed.
The vendor, Paul Cowley comments, “I bought The Cottage Inn in 1998 and since then has been a fantastic income for me and my portfolio but now is the right time to sell for retirement. My management team have been great, creating a respectful traditional village drinking pub so I thank them for upholding its fond reputation. With the help of Christie & Co, I’m looking forward to finding a suitable new owner who will take the business forward.”
The sale of the Cottage Inn presents a great opportunity for an independent husband and wife team, expanding regional or national pub company to acquire a well-established and profitable community pub in North Yorkshire’s largest village. The business is currently wet-led but offers great scope to re-introduce food with a commercial kitchen already installed.
Sam Ashton, Senior Business Agent at Christie & Co, who is handling the sale comments, “With such high demand for freehold pubs across North Yorkshire ahead of summer trade, I expect lots of strong interest from buyers trying to secure the pub quickly. Further trade can be increased through it’s food again and in a popular touristic village location like Hunmanby, new owners will benefit from this.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
M: +44 (0) 7721 420 656 or E: bronte.hughes@christie.com
Contact the agent:
Sam Ashton, Senior Business Agent – Licensed & Hospitality
M: +44 (0) 7732 497 878 or E: sam.ashton@christie.com
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