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Barry Crux & Co markets leasehold of Ye Olde Red Lion

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York-based property agents Barry Crux & co are selling the Ye Olde Red Lion at Holme-on-Spalding-Moor.

The pub features trade areas in a horseshoe shape around a central bar server.

There is first floor three-bed owners’ accommodation, patio to the rear, car parking for 20 to the rear, 8 detached ensuite letting rooms and 3 detached pods with hot tubs.

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The sales particulars said: “As a result, the business offers multiple income streams.”

The agents note the pub on Old Oak Road has a prominent position in the village, which is 19 miles south-east of York.

The interior is described as traditional, featuring bench seating, church pews, chairs and stools arranged around loose tables. Flooring comprises a mix of carpeting and wood-effect finishes.

Character features include timber wall panelling, exposed beams, feature fireplaces, an open fire and a separate wood-burning stove.

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A separate restaurant dining room, also used for breakfast service, provides approximately 28 covers arranged on high-backed chairs around loose tables. An additional 10 covers are available within the carvery area.

The interior of Ye Olde Red Lion (Image: Barry Crux & Co)

There are also toilets, beer cellar/store and fully equipped commercial kitchen, with walk-in refrigeration.

The agents explained: “Our client has traded the business for 14 years but has now decided to semi-retire. The lease is due for renewal within the next 12 months so any sale will be subject to renewal of this agreement.”

“The two main sources of income for the business are food and accommodation. It has a strong reputation for food with this been the largest income stream time. The accommodation also proves very popular with booking well in advance on a year-round basis. Drink sales are very much ancillary to both these income streams, but particularly the food trade.”

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The sales details added: “The last set of accounts showed a strong net turnover of £504,376, which does not include the income from the 3 pods. The business shows good net profit. More detailed accounting information will be provided to interested parties after viewing the property.”

As previously mentioned, the traditional pub is highly-regarded. Google awards it 4.4 stars out of five, based on 896 reviews. TripAdvisor awards the venue 4.1 out of five based on 445 reviews.

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