Deal leads to new lease of life at village pub
A village pub in the Scarborough area has been sold to an experienced operator.
The Dawnay Arms in West Heslerton was sold through specialist business property adviser Christie & Co.
The Dawnay Arms sits within part of a large estate and is managed by real estate investor Albanwise.
Having been closed for some time, the owners wanted to create a fair lease for a quality operator to take on the pub and run a successful business as part of their estate.
The pub and restaurant boasts a spacious lounge and bar area for approximately 70 covers, a dining room with seating for 40, a commercial grade catering kitchen, an outdoor patio and spacious beer garden. Additionally, there is parking for approximately 10 vehicles on the site.
Shaquille Meyers at Albanwise said: “A big thank you to Christie & Co for their marketing of The Dawnay Arms.
“We look forward to helping the new operators settle into their new business venture and have no doubt the pub will become a success once again in the new year.”
Sam Ashton, at Christie & Co, handled the sale.
He said: “The Dawnay Arms proved a very popular business opportunity when brought to the open market.
“Christie & Co was delighted to act on behalf of Albanwise.”