Restaurants in Morley available for sale
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Restaurant for Sale near Morley

Restaurants for Sale Within 10 miles of the Morley

More details for A684, Leyburn - Retail for Sale

The Wyvill Arms - A684

Leyburn, DL8 5LH

  • Retail for Sale
  • £1,200,000
  • 7,830 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Restaurant

Leyburn Retail for Sale - Constable Burton

Reference: 5200 Blacks Business Brokers is delighted to bring to the market this freehold public house and restaurant located in Leyburn in the heart of the Yorkshire Dales. The Wyvill Arms has been trading from this impressive detached property since the early 1980s and our client has been enjoying the business since 1998. The business is only being offered for sale due to our clients desire to retire and therefore this has created an impressive opportunity to acquire this delightful business in this sought-after location. The business is currently owner run and managed with the help of 15 members of staff. The business prides itself in delivering fine food and an atmospheric bar all within this impressive and beautifully presented premises. It has seven superb letting rooms and impressive weekly takings. The business in 2020 received an award for Landlord of the year for the good pub guide in 2020 and was recently voted on Trip Advisor for the top ten percent of best hotels in the world. Planning Permission was also granted in 2020 to build 4 Bed House on site which dependent on what stage the build is at when buyers are looking at the business proposition will depend on what extra the vendor will be seeking on top of the current business and property price. The restaurant offers an outstanding menu of the highest quality, enjoying locally sourced produce cooked to perfection by their in-house chefs. Externally the building delivers everything one would expect from this part of the country and is idyllic in every way. Once inside this impressive building the internal finish simply oozes sophistication and style and the attention to detail is second to none. The business enjoys two bars and outside is a delightful beer garden. The restaurant can accommodate 48 covers and the bar area provides an additional 32 covers, with creative seating a further 8 covers can also be added. Externally the business provides 20 alfresco covers. Clearly with the extent of catering that is enjoyed by the business the kitchen is fully fitted with professional catering equipment of high-value and good quality. To accommodate the sheer volume of customers a substantial car park is available providing parking for 30 to 40 cars. The business also provides 7 letting bedrooms, all doubles and of course, all en-suite. This former 18th century farmhouse in Yorkshire Dales offers superb surroundings coupled with outstanding food served in these impressive premises. £1,200,000.

Contact:

Blacks Business Brokers

Property Subtype:

Restaurant

Date on Market:

21/12/2022

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FAQs About Restaurants For Sale in Morley

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How many restaurants are currently available for sale in Morley?
There are currently 0 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in Morley?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

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