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£185,000

(£185,000.00/sq. ft)

Pub/bar for sale

York Terrace, Whitby YO21
1 sq. ft

£185,000

(£185,000.00/sq. ft)

Pub/bar for sale
York Terrace, Whitby YO21

    • 1 sq. ft

About this property

  • Traditional public house

  • Seaside town location

  • Open plan trade area

  • Spacious owner's accommodation

  • Popular residential area

  • Beer garden

Location:
The property is located in the residential area of Whitby, just 300 yards from the train station and bus station in this sought-after seaside town in Yorkshire, northern England. The town is split in two by the River Esk and on the East Cliff, overlooking the North Sea, are the Gothic ruins of Whitby Abbey (Bram Stoker’s inspiration for ‘Dracula’). Nearby is the Church of St. Mary, reached by 199 steps. The Captain Cook Memorial Museum, found in the house in which Cook once lived, displays paintings and maps. West of the town is West Cliff Beach, lined with beach huts.

The First in Last Out is an end-terrace property of brick construction over three-storeys under a pitched tile roof. It briefly comprises:

Trade Areas:
An inner entrance porch leads through to this one bar operation, having fixed perimeter seating through two sections and part wood effect and part carpet flooring. Central bar servery. Cellar hatch to the basement beer cellar.

Ladies’ and gentlemen’s toilets to the far end of the main bar area.
Owners accommodation

Stairs and also a separate external access door leads to the first floor living accommodation which is arranged over the first and second floors and briefly comprises:
Three bedrooms.
Lounge.
Dining area.
Kitchen.
Bathroom.
Separate WC.
External

There is a small beer garden to the front of the property.

Licence:
A full Premises Licence is held

Services:
All mains services are connected.

Local authority: Scarborough Council
Rateable value as at 01 April 2023 to present: £3,000

The business has been hitherto let on a traditional Pub Company style lease and therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusions as to the potential trade and profitability which can be enjoyed at this outlet.

The Property is elected for VAT. VAT will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

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