Traditional Dales pub brought to the market through Christie & Co
Specialist business property adviser, Christie & Co has been instructed to sell The Bolton Arms, an iconic country inn situated in the village of Redmire in Wensleydale on the edge of the Yorkshire Dales National Park. Redmire and the surrounding towns attract visitors year round to the area’s stunning countryside and its many holiday cottages and bed and breakfasts.
As the only pub in the village, The Bolton Arms serves as the main hub for locals and neighbouring communities alike, offering a welcoming atmosphere, an excellent selection of real ales and home cooked meals. Originally a farmhouse, the traditional Dales pub boasts two main trading areas and an enclosed garden with views over the Dales, especially popular during the summer months.
The pub benefits from an additional stream of income, boasting two en suite letting bedrooms on the first floor of the extension off the original building, as well as a self contained block adjacent to the main building, which offers an additional three modern and well-appointed en suite letting bedrooms. Additionally, a two bedroom flat above the bar and restaurant could be utilised as owner’s accommodation following refurbishment.
Current owners, Bill and Janet Riding have owned and operated the pub for over six years and comment, “Running a pub, especially in a Dales village, is as much a lifestyle choice as a job and career. It is an excellent way of becoming integrated in the local community and local life. The pub enjoys excellent support from the residents of Redmire and the surrounding villages and Dales. During the past six years, we have organised many trips to the races at Ripon and York, and a couple of times a year have a pub walk. We have built up a good circle of friends in the village and enjoy a great social life. The village is just a lovely place to live and a great place to bring up children.”
David Cash, Senior Business Agent at Christie & Co is handling the sale and comments, “The Bolton Arms presents an ideal opportunity for an owner-operator to acquire an incredibly well established and profitable business. We expect interest from those looking for a lifestyle change whilst wishing to retain a healthy income. We are finding lots of buyers looking to leave their day jobs and get out of the rat race. Pub-restaurants with bedrooms are proving very popular in today’s market throughout the North East and Yorkshire, particularly in rural locations, whereby multiple income streams are essential.”
The Bolton Arms has been brought to the market at an asking price of £600,000.