Londesborough Arms Hotel Seamer

24 Main Street, Scarborough, YO12 4PS

  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer
  • Londesborough Arms Hotel Seamer

Londesborough Arms Hotel Seamer

Traditional Village Inn with 13 En Suite Letting Rooms

Located within the small village of Seamer, the Londesborough Arms Hotel is traditional tavern only a 15-minute drive from the popular seaside resort of Scarborough. The pub has an already established reputation amongst locals and is known for its good atmosphere and quality home-cooked menu.

In addition to the sparkle to the main trading areas, the main focus of the development is creating 4 brand new chalet rooms and refurbishing13 letting rooms and bathrooms to a high standard, including beautiful feature wallpaper, floor finishes, and new and refurbished furniture


To see an example of a recently completed refurbishment click here.

Ambitious Operator Wanted

We are now looking for an ambitious operator to take the helm of the Londesborough Arms. You will have the ability to provide your guests with good food and even better service and preferably have experience in running a similar site. You will also be skilled in marketing your business online and have the ability to develop the pub's identity on social media. Prior experience with food will be essential.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Car Parking
  • Refurbishment Planned
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub is spacious with the main drinking and dining area as you enter and a small, snug area to the rear of the pub, which has its own bar. This will all be given a fresh look once the refurbishment has been completed.

There will be 13 beautifully decorated letting rooms and 4 brand new external chalet rooms, all refurbished by Star Pubs & Bars.

Outside, the pub sits roadside and has massive kerb appeal due to its roadhouse style and beer terrace. There is also a car park on site.

Private Accommodation

Private accommodation consists of bedrooms, living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 01:00 10:00 - 01:00 11:00 - 00:00

Financials

Annual Rent £
49,000
Estimated Tenants Annual Operating Profit £
49,674
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
566,003
Estimated Annual Barrelage
206

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
30,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
12,250
Rent In Advance £
942
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
35,852
Estimated Minimum Ingoing Costs £
35,852

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
3,168
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased