Large freehold pub in Lincolnshire for sale
Specialist business property adviser Christie & Co has been instructed to market The Yarborough Arms, a gastropub with rooms in Ulceby, Lincolnshire.
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The Yarborough Arms is a well-established public house, benefitting from strong support by the local community. With seating for 80 covers across three flexible dining and drinking spaces, and a dedicated games room, as well as three newly renovated en suite letting bedrooms, the pub is presented in turnkey condition and ready for a new operator to take the reins.
The property also includes a two-bedroom apartment, offering flexible accommodation options, as well as outside seating and a large customer car park.
Situated in Ulceby, the pub benefits from excellent transport links via the nearby A1077, A180 and M180, connecting easily to Grimsby, Immingham and Scunthorpe. The pub also benefits from excellent local rail links, with Ulceby railway station just 65 metres away providing regular services with onward connections nationally.
The pub is popular with visitors exploring the surrounding countryside, including the Lincolnshire Wolds Area of Outstanding Natural Beauty.
The pub is being sold by Mary and Darrell Beaver, due to retirement. They commented, “This is a wonderful family pub with many returning customers, and we will be sad to leave, however it is now time to hand it on as generations before us have done. There is a fantastic opportunity here for the next owners, and we are delighted that Christie & Co are managing the sale.”
The sale is being managed by Alex Rex, Associate Director at Christie & Co, who commented, “This pub is a hidden gem in North Lincolnshire and it is a privilege to work on behalf of the owners to find a new custodian for the site. Alongside its impressive trading performance, there is a great opportunity for a new owner to take The Yarborough Arms to the next level.”
The free-of-tie pub is on the market with a freehold asking price of £525,000. For more information, visit the property page: https://www.christie.com/5455559/
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
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