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The White Horse Inn leasehold brought to market for £55k

The White Horse Inn leasehold brought to market for £55k

In this episode we speak to brothers Alex and Adrien Grosjean, young entrepreneurs who have recently acquired The Residence Inn by Marriott Manchester Piccadilly. We discussed the reasons why Manchester’s visitor market is booming, and their decision to invest in this area, why they see extended-stay accommodation as a major opportunity in what is one of the UK's fastest-growing cities, how they plan to enhance their portfolio of hotels, and their advice for the next generation of hospitality disruptors.

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The White Horse Inn, which is located in the Ampleforth village in North Yorkshire, is available on a free of tie leasehold agreement with an asking price of £55k. 

It is reported that the property is positioned on the main road through Ampleforth, a “highly desirable and affluent” area which also borders the North York Moors National Park. 

The inn features three newly-decorated double ensuite rooms, as well as a comfortable resident’s lounge. The property also has a traditional, stone-walled bar which can seat up to 35 customers and a main dining room which seats up to 16. There is also a smaller dining area which seats 10. 

The current owners, John and Dawn Grady, have reportedly “heavily” invested in the property recently, creating a newly-installed outdoor bar and a refurbished terrace with seating for up to 25 customers.

John Grady said: “The White Horse is a charming country pub with lots of potential. We feel privileged to have taken on such a local landmark and were very warmly welcomed by the villagers as soon as we took over. 

“It’s fair to say the community holds an enormous affinity to the pub. They continually talk fondly of great times in the venue and all want it to continue as a hub of the village.” 

He added: “Dawn and I are sad we are unable to develop the business as planned due to unforeseen circumstances but would confidently expect the pub and B&B to go from strength to strength in the right hands.”

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