Popular York city centre pub up for sale

Inside the Gillygate. Photograph: Sales documents
8 Jan 2021 @ 7.52 am
| Business

An historic pub in York is now on the market.

The Gillygate, which dates back to 1811, has gone up for sale.

With four bars and a beer garden, the large pub has been a popular spot for both residents and visitors.

It also has nine rooms to let.

When Brian and Suzanne Furey took over The Gillygate in 2014, they invested £500,000 in a complete makeover.

This transformed the pub from “a 1980s style B&B” into a beautifully appointed place to eat and drink, with a main bar, back bar with TV and a whisky snug.

It became well known for its food, and for lively quiz and music nights.

According to the sales particulars: “To the rear of the pub is a fantastic outdoor drinking area accommodating approximately 75 persons on a range of solid wood outdoor furniture.

“This area thrives in the summer months as our client installed an outdoor kitchen area with wood fired pizza oven, a must for those sunny summer afternoons.”

Closed temporarily

The Gillygate. Photographs: Richard McDougall

Like all pubs The Gillygate is now shut by the lockdown.

But it had also stayed closed over the Christmas period. A post on Facebook said: “As with all hospitality businesses it’s a tough old time, we as an industry can not do what we are meant to do, bring people together.

“We have decided to remain shut this Christmas to protect our staff and our business. We will look at reopening in January 2021 depending how The Covid is getting along!”

According to the sales details, The Gillygate’s turnover to June 30 2019 was £653,031 net vat.

The property is held by way of a ten-year lease from Star Pub Company from April 2014 at a passing rent of £75,000. The lease is free of tie on wines, spirits, food and accommodation, but tied on draught, bottles and minerals.

We contacted the owners of The Gillygate about the pub going up for sale, but have not heard back.