Summary - Golden Ball Inn,2 Cromwell Road,YORK,YO1 6DU YO1 6DU
1 bed 1 bath Commercial Property
Prominent freehold pub let long‑income in central York — Grade II listed investment.
Freehold Victorian corner public house, 2,772 sq ft over three levels
A rare freehold pub investment in central York, the Golden Ball occupies a prominent Victorian corner plot close to the River Ouse and city attractions. The property is fully let to The Golden Ball Co‑operative Limited on a 20‑year lease from 28 July 2023, producing a current rent of £48,343 pa with five‑year open market reviews and annual RPI uplifts (1% collar / 4% cap). The business operation is unaffected by the sale and a rent deposit is held by the landlord.
The building extends to 2,772 sq ft over basement, ground and first floors and sits on circa 0.09 acres. Ground floor trading areas seat around 70; an enclosed rear customer area accommodates a further 50. First floor comprises a manager’s flat with two double bedrooms. The site’s period character and prominent corner position provide strong occupational appeal in this cosmopolitan city neighbourhood.
Material considerations for investors are straightforward. The property is Grade II listed and lies within the Central Historic Core Conservation Area, which will restrict alterations and likely increase maintenance and consenting timelines. There are 18 years remaining on the lease — sufficient income visibility but noted as a potential issue for some mortgage lenders who may refuse lending on shorter-remaining lease investments. The EPC rating is D (76).
Offers are invited in excess of £575,000 (circa 8.0% NIY) assuming usual purchaser costs; the sale is expected to proceed as a TOGC for VAT purposes where applicable. This is a specialist, long‑income pub investment suited to buyers who understand listed‑building obligations and the leasing profile.
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