North Yorkshire village pub sold to former rugby league star
Specialist business property adviser, Christie & Co, is pleased to announce The Farmers Arms, a traditional village pub located in the charming town of Muker, North Yorkshire, has been sold to retired rugby league star-turned hospitality entrepreneur, Andy Gascoigne.
Situated in the picturesque Upper Swaledale district of the Yorkshire Dales National Park, The Farmers Arms occupies an elevated position in the heart of the Muker village, with nearby market towns including Hawes and Leyburn. The popular Georgian market town of Richmond also lies circa 20 miles to the east.
The pub is regarded as an unspoilt gem, having retained much of its traditional features, and offers a variety of local ales, lagers and hearty home-cooked meals. The well-established business benefits from a loyal local clientele base, busy tourist trade and no immediate local competition, making it a rare find.
Opposite the pub is an old barn, converted into a self-contained holiday let, comprising a bedroom/living room with log burner, en suite bathroom and fitted kitchen.
The Farmers Arms has been purchased by local entrepreneur, Andy Gascoigne, a retired Yorkshire rugby league player and the owner of Haworth Steam Brewery, one of the UK’s smallest independent microbreweries and Haworth Gins.
Andy comments, “My wife and I have wanted to buy a pub for some time now and we know Muker and The Farmers Arms very well. We already have a brewery and drinks business, so we are no strangers to the licensed trade. We’ve got some exciting plans for the pub and look forward to getting our teeth into it over the next few weeks and months.”
David Cash, Associate Director at Christie & Co handled the sale and comments, “We are currently seeing increased buyer demand for hospitality businesses by the coast or in the countryside, as many prospective buyers are looking for an alternative lifestyle, whilst capitalising on the recent staycation boom seen across the UK – the result of limits to international travel imposed by COVID-19. As a company we have brokered sales of more than 150 hospitality businesses nationwide since the 1st of April and we expect to agree on many more in the coming months.”
The Farmers Arms was sold off an asking price of £575,000 for the freehold.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7448 8849 or E: bronte.hughes@christie.com
Contact the agent:
David Cash, Associate Director
P: +44 (0) 7736 621 023 or E: David.cash@christie.com
