• Skip to primary navigation
  • Skip to main content
  • Skip to footer

News and entertainment worth sharing – York and North Yorkshire

  • News
  • Things to do
  • Radio
  • More
    • Food & drink
    • Business
  • About
    • Comments
    • Advertise
    • Contact us
  • Radio
  • WIN
  • Tonne of tins
  • Vouchers
  • Listen live »
Jorvik Viking Festival

One of York’s best known bars is put up for sale for £250K

Inside Dyl's bar, next to the river in York. Photographs: Submitted
Thu 12 Jan, 2023 @ 3.54 pm Business, News YorkMix

With its riverside patio and historic home, it is a uniquely special York venue.

And if you can raise a quarter of a million, it could soon be yours.

Dyl’s, housed in the old Motor House built into Skeldergate Bridge, is up for sale for offers in excess of £250,000.

York Theatre Royal
York Theatre Royal
York Theatre Royal
York Theatre Royal #Ad

It has been run by the Dyl family, including Malcolm, Annette and Jan, for ten years. But the tenant is “stepping away to concentrate on other ventures”, hence selling the leasehold, which runs until 2032.

The Grade II listed property is being marketed by property company Fleurets.

They say: “The current tenant took a lease on the property in 2012 and have slowly developed the concept over the last ten years.

There’s nowhere quite like Dyl’s

“It is an all-day operation running from mornings through to 10pm in the evening and acts as café offering a brunch style menu with quality coffees, evolving into a bar on an evening.”

The bar has three floors:

  • ground floor – seating is available on bar stools for up to eight customers
  • first floor – accessed via a spiral staircase, it hosts the River Room and the Toll Room, with a total of 21 covers
  • third floor – in the roof space, it has room for six customers.

The outside patio can host another 60 customers, with heating for colder days and nights.

Dyl’s can also use the adjacent green under temporary event notices for 21 days a year.

It’s position next to the Ouse means people flock there on nice days. But it is closed when the river floods.

£50K profit

The old Motor House is Grade II listed

In the last financial year, it had a net turnover of £581,238, with a gross profit of £404,037 and a net profit of £52,768.

“The business has been heavily staffed over the last few years with our clients stepping away to concentrate on other ventures,” property details state.

“This has affected the profit margins and due to various issues, our clients have now stepped back in to deal with the day to day running of the operation.

“It is therefore expected that the net profit will return to figures as seen previously which was north of £100,000 in the Profit & Loss Accounts before any items were added back in.”

During Covid in 2020, Dyl’s was able to open food and drink takeaway service for those undertaking socially distanced walks around York.

The details say: “Despite the challenges of 2020, the business still achieved a turnover of £360,550 with more modest profits. Despite the strong levels of turnover, our client does feel
that they are not realising the full potential of the business which there is more turnover and profit to be had.”

The quirky decor inside

Andrew Spencer, associate at Fleurets North, said: “Dyl’s offers a new operator a strong business with good levels of turnover and profits.

“However, despite this our client does not feel that they are realising the full potential of the operation, particularly the evening trade.

“Therefore, the purchase of the leasehold presents a really great opportunity to optimise an already profitable business.”

Trending

  1. York’s unofficial car parks, number 1: Exhibition Square
  2. Plan to impose 20mph zones across North Yorkshire leads to furious row
  3. York restaurant with ‘incredible’ Minster views and takeaway kiosk set to open soon

Thu 12 Jan, 2023

Footer

YorkMix
News 01904 848 766
Email YorkMix news »
5-6 King's Court, Shambles, York  YO1 7LD
YorkMix Radio
General enquiries 01904 375 029
Studio/competitions 01904 375 030
Email YorkMix Radio »
Selby Superbowl, Bawtry Road, Selby  YO8 8NA
YorkMix is a trading name of YorkMix Media Ltd
Registered in England
Company number: 07814727
VAT number: 154 0364 34
© York Sound Ltd

Copyright © 2023 YorkMix Media Ltd

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT