North Yorkshire Roadside Pub and Restaurant with Huge Car Park For Sale

Property Information

Property:

Freehold

Living Accommodation:

OWNERS' ACCOMMODATION
First Floor
THREE LARGE DOUBLE BEDROOMS. LOUNGE/DINING ROOM. BATHROOM with separate SHOWER CUBICLE.

Location:

The Waterwheel Inn is located in Liverton, a historic village located in the borough of Redcar and Cleveland within the ceremonial county of North Yorkshire. The village is situated approximately 14 miles east of Middlesbrough and 1.5 miles south of Loftus. The village sits on a high ridge about 140 meters above sea level, right on the northern fringes of the North York Moors National Park. Liverton also sits just 1 mile south of its sister village, Liverton Mines—a separate settlement that grew rapidly in the 19th century due to the local ironstone mining boom. The post town for the area is Saltburn-by-the-Sea.

The village dates back to before the Norman Conquest, recorded in the Domesday Book of 1086 as Liuretun (meaning either "farmstead of Leofhere" or "muddy water stream"). Liverton provides immediate access to natural beauty and unique leisure facilities, serving as a direct gateway to the North York Moors National Park. The Scaling Dam Reservoir is located just to the south, offering excellent walking trails, fishing, and windsurfing. For groceries, postal services, and daily essentials, residents and visitors use the neighboring town of Loftus (1.5 miles north) or Skelton-in-Cleveland.

Premises Details:

Property:
The Waterwheel Inn occupies a detached stone-built property under pitched slate roof, believed to date back to the early 1800's, it benefits from being the only public house and principal amenity within the village. The property briefly comprises:

TRADE AREAS
FRONT ENTRANCE PORCH which leads into a CENTRAL HALLWAY with LADIES’ AND GENTLEMEN’S TOILETS offset. BOILER ROOM which houses a BIOMASS SYSTEM which provided heating and hot water for the pub.

MAIN LOUNGE BAR (20) which has recently been refurbished features an open fireplace, exposed beams and a corner stone fronted BAR SERVERY with wood top, tub chairs and wooden tables. The MAIN RESTAURANT (60) is accessed via glazed doors from the main lounge bar and features a CARVERY UNIT, beamed ceiling, side access door, bench seating and loose dining chairs to wood tables. BAR SERVERY with stone front and wood top. Second DINING ROOM (42) with feature wood paneling and a beamed ceiling. Glazed doors to a SNUG area (10) which has its own stone fronted and wood topped BAR SERVERY.

The COMMERCIAL KITCHEN is fully equipped with a range of stainless steel catering equipment. WASH UP area with pass through dishwasher system. GROUND FLOOR CELLAR is at the rear of the kitchen and includes an external barrel delivery door which leads to the private/owners car park.

LETTING ACCOMMODATION
First Floor SELF CONTAINED APARTMENT: TWO DOUBLE BEDROOMS. OPEN PLAN LOUNGE/KITCHEN. BATHROOM. (Private ground floor entry).

EXTERNAL
CUSTOMER SIDE CAR PARK with space for 50 vehicles, single storey stone GARAGE with pan tile roof. Stone walled LPG TANK. FRONT PATIO/GARDEN with bench seating for 42. PRIVATE/STAFF CAR PARK with space for 10 vehicles, TWO WOODEN GARAGES. TWO STORAGE CONTAINERS.

Licence:
A Premises Licence is held.

Services:
Mains water and electricity are connected. Hot water and central heating powered by a Biomass system which was installed in 2016. The system generates income via the Real Heat Incentive (RHI) payment scheme, and the transferable agreement expires in 2036. The property also benefits from both a fire and an intruder alarm.
Rateable Value: £9,750 – Business Rates Exempt
Local Authority: Redcar and Cleveland Council

Business:
Our clients have owned and operated The Water Wheel Inn since 2003, establishing a consistently profitable business renowned for its British classics food menu popular with locals, destination diners and holidaymakers. The venue hosts a variety of events and functions, which include wakes, christenings, birthdays and a weekly quiz evening.

The Water Wheel is currently operated by our clients alongside one full-time chef and seven part-time members of staff as a traditional roadside public house and restaurant. The current owner is looking to retire and as such chooses to operate the premises as a lifestyle business on reduced hours. There is scope for a new operator to extend the currently limited opening hours which are as follows: Monday to Friday 17:00 to 20:00, Saturday 14:00 to 20:00 and Sunday 12:00 to 15:00 (Carvery only).

Accounting detail will be made available to seriously interested parties upon request.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 17:00 to 20:00, Saturday 14:00 to 20:00 and Sunday 12:00 to 15:00 (Carvery only).

Employees:

8

Other Information

Home based:

This business can be run from home