Property details
The Station Hotel is located in Ilkley, a traditional Yorkshire spa town. This quaint town offers some of the best tearooms in Yorkshire, along with interesting shops and pubs surrounded by magnificent countryside. The pub's catchment area is populated with mid to high-affluent customers, making an opportunity for around 9,921 adults within 20 minutes of walking distance. There is a busy circuit of craft to cocktail bars in the surrounding area, as well as a two-minute walk to the railway station and bus stops.
The landlords will be giving the Station’s trading areas a full makeover with feature wallpapers and bric-a-brac throughout, as well as toilet re-decoration and refreshment. The bar will receive an overhaul with new wood floors. They will also be creating a new snug area to the rear of the pub that will fill up with light.
Outside the pub, they will be improving the existing signage scheme to make it more visible and inviting. The refurbishment will transform the pub into a light, warm, and welcoming space that will appeal to all groups of residents, businesses, and tourist visitors. It will be a community venue, where people can relax and enjoy a drink with good company in a comfortable atmosphere.
There is a very large flat providing amply sized accommodation with a kitchen, living room, bathroom, and several bedrooms.
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Experienced Operator
Trading style
With a refurbished interior and garden that will attract mixed couples and groups, the Station will rise above its competitors. The warmth of the open fire, the high ceilings, and the traditional Yorkshire welcome will provide your guests with a local they will love.
An operator with prior experience in the pub trade and experience in delivering a great calendar of events is best suited for this pub, which offers 61 covers and a small beer garden.
Key financials
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Reference Number:
8M9JTW / 2303016101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£28,798.00
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Annual Rent:
£25,192.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £25,192
Estimated Annual Turnover £337,703
Deposit £6,298
Estimated Fixtures & Fittings Value £15,000
Estimated Stock Valuation £4,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £28,798
Estimated Minimum Ingoing Costs £28,798
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.