Christie & Co announce price reduction for Redmire’s only pub
Specialist business property adviser, Christie & Co has reduced the asking price for Redmire’s only pub, The Bolton Arms, presenting a fantastic opportunity to acquire a traditional country inn on the edge of the Yorkshire Dales National Park.
Serving the local community of Redmire unopposed for over a decade, The Bolton Arms comprises a bar, restaurant and five ensuite letting rooms with onsite parking. It also features a south-facing beer garden and open marquee with sweeping views over the Yorkshire Dales.
The famous Aysgarth Falls is located in the neighbouring village to the south-east and the popular market town of Leyburn sits just five miles east, making the pub the perfect base to explore the area.
David Cash, Director in Christie & Co’s Hospitality team, who is handling the sale, comments, “The current owners, Martin and Stefanie acquired the pub through Christie & Co back in 2018, when they returned to the UK having spent a number of years in the UAE. They had an ambition to move back to Yorkshire to be closer to family, as at the time they had three children with a fourth on the way.
“As a family they now have a fantastic opportunity to relocate overseas and this means selling their beloved business. The pub is cherished by the local community, so much so that the locals formed a community association with the intention of trying to buy the property. Unfortunately, despite their best efforts they have not been able to raise adequate funds in order to present themselves as proceedable purchasers.
“Therefore, our clients are seeking other buyers for their quintessential, North Yorkshire country inn with rooms. In order to secure a quick sale the price has been revised significantly and The Bolton Arms is now offered for sale on a freehold basis, with all trade fixtures and fittings included, for an asking price of £525,000.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
David Cash, Director
P: +44 (0) 7736 621 023
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