At least part of a landmark pub could soon be brought back to life.
Campaigners fought long and hard to save all of The Jubilee on Balfour Street as a pub and community hub.
It was bought by Dominic Woodward of Tri-Core Developments in 2016, with a view to converting the whole thing into six apartments.
These plans were later downgraded to a conversion of the first floor and roof space only into three flats, retaining the pub and function room downstairs. But despite City of York Council twice rejecting this proposal, he won a planning appeal.
Now work is underway to find new tenants to run the ground floor pub.
It is being marketed by Christie & Co on an IRI (internal repairing and insuring) ten-year lease. An IRI lease is for part of a building where the cost of internal repairs only falls on the tenant.
Christie’s say the Jubilee is an exciting opportunity for “an experienced local or multi-site operator to acquire a traditional pub-restaurant site with a substantial beer garden, just one mile from the centre of York”.
Jubilee Timeline
They say local residents are excited at the prospect of the Jubilee reopening, albeit in diminished size.
Senior business agent at Christie & Co Sam Ashton is handling the sale.
He said: “This is a fairly rare opportunity that a pub becomes available on a ‘nil premium’ offering near York centre.
“The incoming tenants have the opportunity to invest internally, treating it as their own blank canvas and starting a new ten-year lease.
“We look forward to engaging with new prospective leaseholders and agreeing terms.”
[tptn_list limit=3 daily=1 hour_range=1]