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For Sale£1,250,000.00

For Sale - Newdrop Inn, Ribble Valley, Lancashire

Leisure Property, Hotels, Licensed & Leisure
Property type: Leisure Property, Hotels, Licensed & Leisure
Tenure: For Sale Freehold
Price: £1,250,000.00
Location: The Newdrop Inn, , Preston, PR3 2XE
Our clients architects believe that there is an opportunity to provide letting accommodation on the first floor of the building as well as in the current owners house subject to obtaining planning permission as well as any other necessary consents. Furthermore our clients believe that there may well also be the opportunity to provide circa 10 Glamping Pods. The Newdrop Inn is for sale by way of an asset sale as a going concern business off a guide asking price of offers in the region of £1.25M. The profitable business which has been owned and operated by the same family for approximately 35 years has undergone many improvements under their ownership.

- • Lounge Bar – 70
- • Snug / Parlour Bar – 12
- • Additional Bar / Restaurant – 40
- • Restaurant / Function Room – 110
- • Commercial Catering Kitchen
- • Three Bedroom Apartment
- • Impressive Three Bedroom Owners House
- • Extensive Gardens & Grounds of Circa 5 acres
- • Net Turnover 30/11/2016 = £770,175
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