The Pax Inn, a contemporary pub and restaurant situated in the village of Thorp Arch, near Wetherby in West Yorkshire, has been brought to the market via Christie & Co, with an asking price of £75k for the leasehold.
The Pax Inn provides trading space for up to 80 covers, plus a central bar, a function and events area and a commercial kitchen. Additionally, on the site is a spacious decked terrace area with seating for up to 40 patrons, a car park for up to 25 vehicles and a three-bed apartment on the first floor, ideal as owner’s accommodation.
Sitting in a highly visible and prominent position, the pub is located just off the M1 motorway and attracts high levels of passing trade and has also developed a following from residents in the local area.
The business provides scope for further growth by utilising the function and events area with a consistent entertainment schedule, adapting the menu and beer and wine offering, or investing in the marketing and social media presence.
Sam Ashton, Business Agent at Christie & Co who is handling the sale, commented, “The leasehold sale of The Pax Inn provides a great opportunity for a husband and wife team, independent or regional operator to take advantage of this detached village pub on tied lease terms.
“With plenty of growth potential and its fantastic location, the pub offers a prime investment in an affluent and highly desirable part of Yorkshire, where there is still plenty of demand for high quality licensed venues.: