Run a Stonegate Pub - Ivanhoe Scarborough, North Yorkshire

About the Pub

The Ivanhoe is an imposing pub property occupying a large corner plot on the outskirts of town, on the main through road to the centre and coastal regions of Scarborough. At first glance, it has an unmissable and inviting attraction factor, complemented by the front landscaping. As you would imagine the internal trade areas are as capacious as the exterior suggests. A warm and inviting centrally located open plan bar continues the theme indoors with an 80-cover restaurant accompanied by a further 50 covers in the conservatory area, all supported by a professional catering kitchen. Furthermore, 12 en-suite letting rooms provide boutique-style accommodation for local guests and those travelling en-route to this attractive coastal region, providing additional revenue for the aspiring publican. An extensive beer garden to the front and side elevations enclosed within private hedgerows provide very pleasant surroundings in which to enjoy time with friends and family. Stonegate Pub Partners are seeking a publican who will look to build on the current pub food and carvery offer as well as the letting facilities, vital aspects of this business’ income stream. This business would suit both an publican who is looking to develop a lifestyle business, or multiple entrepreneurs alike looking to grow their portfolio, and has fantastic potential to become a high turnover site with the correct inspiration.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £16000
Fixtures / Fittings: Est. £20000
Guide Rent: £20000 pa
Potential Turnover: £530000 pa

Regional Manager's Thoughts

I would expect our ideal publican to possess the necessary attributes to ensure the sustainability of the Ivanhoe, alongside experience of classic pub food offerings, gastro dining and boutique hotel experience. The property would be able to accommodate tactical live music to engage the local residents. The pub requires energy and experience to bring it back to its full potential, which is a traditional bespoke business with modern needs, an upper mid-market food offer and a warm welcome.

Surrounding Area

The Ivanhoe occupies a prominent position on the corner of Scalby Mills Road and the A165. Nearby is the Scarborough North Cliff Golf Course, Peasholm Park, Sea Life Centre, as well as an area of new build and mature housing. The Ivanhoe is also located within a short distance of several nearby caravan parks that benefit from the many people who visit the Yorkshire coastal areas during the holiday season.

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