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

News and entertainment worth sharing – York and North Yorkshire

  • News
  • Radio
  • Vouchers
  • WIN
  • More
    • Tickets
    • Lifestyle
    • Advertise
    • About
    • Contact

York pub up for sale for £1.3 million

Mon 5 Feb

The Falcon Tap bar

Mon 5 Feb 2018  @ 7:29pm
YorkMix
Business, Food & drink

A York pub is up for sale – as part of a £1.3 million ‘development opportunity’.

The Falcon Tap on Micklegate is being marketed both as a bar and as a residential development.

While the ground floor public house is being retained, planning permission has been granted for 11 flats above and behind the licensed premises.

In its brochure for the Falcon Tap, global property company CBRE say it as a chance to pull in a six figure sum in rental income.

Downsizing the bar

The exterior of the Falcon Tap. Photograph: York Archaeological Trust

The sale follows a successful planning application to downsize the pub.

We reported last July that owner the 2 Pubs Company Limited wanted to cut the floorspace given over to the bar by nearly a half.

Permission has also been granted to create two flats on the upper floors above the bar, to demolish modern extensions behind the Falcon, and to build two residential blocks in their place, consisting of nine flats.

“We believe there is potential to operate the proposed development as serviced apartments,” the sale brochure says.

Assuming a £100 per night per flat, that brings in the gross income of £400K.

The rear of the pub

They add:

We would expect the ground floor A4 unit [the bar] to achieve in the region of £30,000 per annum.

In terms of private residential lettings, we would expect 1 bed studio apartments in this location to achieve in the region of £600 pcm.

Want to buy? They are asking for offers in the region of £1,350,000 plus VAT. You can see the details here.


Related YorkMix stories

York pub faces ‘drastic size reduction’ under plans to build new flats

York horseboxes ready to roll out a street food revolution

Police and council prepare for cocktail bar showdown


Trending »


Primary Sidebar

Footer

Contact us

General
01904 375 029

Studio/competitions
01904 375 030

Email YorkMix »

5-6 King's Court
Shambles
York  YO1 7LD

Listen to us

You can listen to YorkMix Radio using your DAB+ radio, Alexa or Google smart speaker, or online using the links below.

Click here to listen to YorkMix Radio »

Download the app from Google Play store
Download the app from Apple App store
About us

YorkMix is a trading name of
York Sound Ltd

Registered in England
Company no: 12831940
VAT no: GB289462452

YorkMix Radio public file

  • About
  • Public file
  • Privacy policy
  • Corrections & complaints
  • Contact

Copyright © 2025 YorkMix