Pub in Brearton comes up for sale for the first time in 28 years
Specialist business property adviser, Christie & Co has brought to market the Malt Shovel, a popular pub in Brearton, North Yorkshire. The well-known venue has come up for sale as the current tenant has decided to move on and the freeholders, Charlotte and Les Mitchell have decided the time is right to sell their investment property after 28 years.
Charlotte comments, “When Les and I moved from the Scottish Highlands with our young children we chose The Malt Shovel because of its prime setting in a beautiful village, within the aptly named "Golden Triangle" between Harrogate, York and North Leeds.
“We fell in love with the sizeable and atmospheric, yet always welcoming, bar and dining areas and the four-bedroom apartment upstairs was perfect for our family. In fact, Brearton and The Malt Shovel ticked all the boxes. That was back in 1994 and 28 years later that has not been altered. It is still a superb village to live and work in and the catchment area remains affluent, popular and aspirational. We lived in Brearton ourselves for over twenty years (10 years in The Malt Shovel kitchen) and have leased the pub for the last 18 years, retiring to Cumbria in 2015. The current lease is coming to an end, and aged 74 and 62, we think it's time to pass this iconic building and business on to a new enthusiastic owner who can take it forward."
The business is currently rated as the number one restaurant in the Harrogate area on Trip advisor and benefits from an affluent clientele, due to its position in Brearton, one of the most desirable villages to live in North Yorkshire. The property also features a four-bedroom flat, giving it potential to become a residential dwelling.
Alex Rex, Senior Business Agent in Christie & Co’s Pubs & Restaurants team is handling the sale and adds, “The sale of the Malt Shovel in Brearton offers an exciting opportunity for a new owner to carry on a highly reputable hospitality business or alternatively, acquire a great piece of real estate with potential for multiple uses, in a highly desirable village. There is a real shortage of good quality freehold, free of tie, properties on the market in North Yorkshire currently and the business is offered for a fantastic price, so we don’t expect it to be on the market for long!”
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:
Alex Rex, Senior Business Agent – Pubs & Restaurants
M: +44 (0) 7540 061864
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