Overview

Could you run this pub in Castleton, Whitby?

Are you looking for a picturesque pub in Castleton? Could you picture yourself nestled in the cosy stone walls of a traditional country pub with a fantastic local following? If so, the Downe Arms pub could be the one for you with a healthy tourist influx throughout the summer.

As you enter the Downe Arms, you’ll discover a cosy seating area at the front of the pub. Towards the back, you’ll find a wooden bar with plenty of display space showcasing gins, whiskeys, and wines alongside Cask Marque ales.

We’re looking for a knowledgeable food operator who can realise the full potential of a modern and well-equipped catering kitchen assisting service to the 60 covers. Guests enjoy the tasty menu in the bar or cosy rear restaurant. They observe stunning panoramic views of the Yorkshire Moors from the pub’s beer garden.

About the local area

You’ll find the Downe Inn within the North Yorkshire National Park. It sits on the high street in Castleton, nearby the local food shops, the village tearoom, and Castleton Community Primary School, and is within easy walking distance of many residents. The wider area is home to many villages, such as Grosmont and Goathland. The latter is on the Whitby to Pickering steam railway line.

Castleton also offers access to the coast and Whitby is just half an hour away by car, and Guisborough is just 15 minutes away. The ideal operator will take advantage of the idyllic location.

Ideal operator/s

This Downe Inn presents an irresistible opportunity for a couple or partnership. You’ll need a catering background, ideally as a chef confident in delivering a quality food offer. Letting room experience may also be an advantage as there is an opportunity to maximise this side of the business. We are looking for a professional operator with a passion for service excellence and a genuine love of the area. Under the right operator, this gem could realise its true potential.

Accommodation

There is a private bedroom, kitchen, and lounge.

About the Agreement

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options, with build ups from as little as £1,000 as well as flexible price bands and release fees which are available.

Whatever the agreement, with Punch you always get:

  • A progressive pub company – winners of the Publican Awards 2022!
  • Industry leading investment with a whole world of possibilities
  • Industry leading training, with our Academy and Kitchen
  • Industry leading e-commerce platform – Punch Buying Club
  • Expert coaching and advice every step of the way

* The calculation of the initial Ingoing Costs assumes a minimum deposit, £1,000 & legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

Want to find out more about this agreement? Click Here 

Chat to a recruitment advisor now about this pub business opportunity.

 

Financial Information

Minimum Deposit*
£1,000
Full Deposit
£3,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£106
Working Capital
£2,000 - £4,000
Street Check
Click here

Business Information

Annual Rent
£12,000
Forecasted Annual Wet Turnover
£184,162
Forecasted Annual Food Turnover
£78,028
Forecasted Annual Letting Room Turnover
£27,300
Forecasted Annual Other Turnover
£3,142
Agreement
Flexible Tenancy

Relevant Downloads

Apply for a pub

Keep me up to date via email with:

People Who Viewed Downe Arms also Viewed:

Buck Inn

Pickering


Could you run this pub? The Buck Inn occupies a prominent roadside location at the heart of the large village ...


  • Agreement Type:

    Tenancy
  • Rent :

    £635 PW

Facilities

  • 40 Covers
  • 3 Rooms

Gate Inn

Malton


Could you run this pub in Malton? The Gate Inn is ideally located in Yorkers gate in Malton. We have exciting ...


  • Agreement Type:

    Tenancy
  • Rent:

    £308 PW & 7% of Turnover

Facilities

  • 100 Covers

Union Inn

Malton


Could You Run This Norton Pub? Take the reins of a traditional, well-loved community pub in the picturesque vi...


  • Agreement Type:

    Tenancy
  • Rent:

    £481 PW

Facilities

  • 16 Spaces
  • 30 Covers
  • 4 Rooms

Your Questions Answered

Your Questions Answered