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More details for Main St, Weaverthorpe - Hospitality for Sale

The Star Inn - Main St

Weaverthorpe, YO17 8EY

Hospitality for Sale
£420,000
4,800 sq ft

Restaurant

Weaverthorpe Hospitality for Sale

Vacant possession ERV: £31,200 p.a. GIY: 7.43% Comprises public house with 5 letting rooms and 2-bedroom owner`s accommodation Situated 16 miles east of Malton, which is famous for being the food and drink capital of Yorkshire and hosts annual food festivals. The Historic city of York is 35 miles away and Scarborough, which is one of the UK's most visited tourist towns, is 12 miles to the west.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Hotel

Date on Market:

28/03/2025

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Freehold Ground Rent 'Choice Portfolio'

Hospitality for Sale
£15,300,000
158,390 sq ft
3 Hospitality Properties

Portfolio of properties for Sale - Wakefield

**Freehold ground rent investment, benefiting from c.121 years of contracted, RPI-linked ground rent income. The hotels are fully occupied and operated by the tenant under long-dated ground rent leases.** Portfolio Summary • Ground rent portfolio comprising three assets let to EC4 Hotel Limited (subsidiary of Choice Hotels Limited) • The three hotels are well located in Harrogate, Huddersfield, and Wakefield • All leases commence 1st November 2017 for a term of 125 years providing over 121 years to expiry (expiring 31st October 2142) • Total passing rent of £489,819 p.a. • The ground rent reflects a blended EBTIDA to rent cover ratio of c14% off forecasted stabilised • All assets are held Freehold • The rent is subject to upwards only 5 yearly, RPI rent reviews, collar and cap of 0%-4% with the next review in November 2022 • All assets are underpinned by VP and alternative use values • Rent has continued to be paid in full throughout the Covid 19 Pandemic The vendor is seeking offers in excess of £15,300,000 (Fifteen Million and Three Hundred Thousand Pounds) reflecting a net initial yield of 3.00% after purchaser’s costs of 6.70%. A purchase price at this level represents a very low average price per key of £42,265 which is less than VP or build cost. Reversionary yield of 3.40% following the review in 2022 assuming RPI growth of 2.5% p.a. At the quoting price, the net income generated from the hotels would reflect a yield of c21% off forecasted stabilised.

Contact:

Kimmre

Date on Market:

06/03/2025

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Yorkshire Coastal portfolio

Mixed Types for Sale
Price Upon Request
14 Properties | Mixed Types

Portfolio of properties for Sale - Bridlington

An opportunity to acquire a substantial portfolio of 14 vacant residential / commercial properties with potential located in Bridlington and Scarborough within the East riding and North Yorkshire

Contact:

Watling Real Estate

Property Subtype:

Mixed Types

Date on Market:

05/12/2025

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More details for Pickering Rd, Snainton - Hospitality for Sale

Coachman Inn - Pickering Rd

Snainton, YO13 9PL

Hospitality for Sale
£725,000
2,437 sq ft

Restaurant

Snainton Hospitality for Sale

Pub for sale including public bar, lounge bar, restaurant, large beer garden and car parking. There is also a two-bedroom private flat alongside six ensuite letting bedrooms.

Contact:

Barry Crux & Co

Property Subtype:

Hotel

Date on Market:

11/02/2025

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Hospitality Properties for Sale Near the North Yorkshire

More details for Thornton Le Beans, Northallerton - Hospitality for Sale

Crosby Hotel - Thornton Le Beans

Northallerton, DL6 3SW

Hospitality for Sale
£550,000
6,635 sq ft

Restaurant

Northallerton Hospitality for Sale - Thornton-le-Beans

The property is held freehold (Title Number NYK121936). The entire property is let to a private individual on a 10 year lease from 24 September 2020. The current rent is subject to five yearly upwards and downwards open market rent reviews. In addition the tenant has an obligation to purchase beer, cider and flavoured alcoholic beverages from the landlord.