Freehold Selby pub with strong turnover and development potential, ideal for investor-led refurbishment..
Net turnover c. £4,000 per week (reported)
A substantial freehold community pub on Ousegate offering immediate trading income and clear development upside. The business reports a net turnover of around £4,000 per week and includes lounge, bar, snug and six-bed staff/owner accommodation, plus an enclosed garden and car park for c.10 vehicles.
The building presents strong bones and period character — tall ceilings, Victorian-style brick elevations and traditional internal proportions — but is offered as a restoration/refurbishment opportunity. EPC rating C and mains gas heating are positives; however, parts will need investment to refresh trading areas and accommodation to modern letting standards.
Notable development potential is stated: scope for three new cottages and three flats (stated potential only; purchasers must verify planning). The location gives good local amenities and fast broadband, but the immediate area has high crime levels and overall deprivation, which investors should weigh against the solid turnover and parking provision.
This is best for an investor or operator who can combine continued wet-led trading with an asset-led refurbishment or phased redevelopment to realise rental or residential value. Important: planning potential is not guaranteed; carry out surveys and planning due diligence before committing.
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