Yorkshire Lass, Redcar

The Yorkshire Lass situated in New Marske, Redcar, is tucked away in a peaceful and picturesque part of North Yorkshire. New Marske is a quaint village, just a short distance from both Marske-by-the-Sea and Redcar, offering easy access to both. Local bus services connect you to Redcar, whilst Marske Station, just a short trip away, provides direct connections to Redcar. If you prefer to drive, it’s only a 5-10 minute journey. New Marske serves as a wonderful base for exploring this scenic part of Yorkshire, with the stunning coastline of Redcar – once renowned for its fishing heritage – offering beautiful beaches and breath taking views.

Pub Layout

As you step through the main doors, you’ll enter a small lobby that leads to the ladies’ and gents’ toilets. From here, two doors open into the main bar and the lounge. The main bar area is light and airy, with large windows offering views of the garden. It’s furnished with a mix of low-level loose seating, bench seating and high-top tables. The bar, located in the corner is adorned with football shirts, while a pool table and dartboards provide additional entertainment. TVs on the walls ensure guests can enjoy live televised sports. The lounge area is carpeted and features a blend of low-level loose seating and bench seating, complete with its own separate bar, cosy furnishings and is currently used as a dining area. A small raised section makes the lounge perfect for live music or DJs, making it a versatile space for private events or functions. Like the main bar, the lounge benefits from large windows that overlook the car park, filling the room with natural light. Both the main bar and lounge offer easy access to the car park and garden, adding to the venue’s accessibility and charm. The pub is in excellent condition, having been invested in during 2022. The spacious on-site car park has room for around 20-25 vehicles, with additional space for 5 caravans, all with electric hook-ups and access to bathroom facilities. The garden area is a hidden gem, offering breath taking coastal views. It’s equipped with a smoking shelter and outdoor benches, making it a lovely spot for the warmer months.

The Yorkshire Lass is currently operating with a 60/40 split between wet and dry trade, providing a balanced offering of drinks and food. As a community-focused local, it hosts live sports and entertainment, making it a popular spot for the locals and visiting guests. With the addition of a pool table and dartboard, there’s potential to introduce team leagues or friendly competitions. The venue also hosts private functions and is dedicated to catering to the local community, offering a welcoming space for various events and gatherings. It’s a hub for both social and competitive activities, making it a key part of the neighbourhood.

Private Accommodation

The private accommodation consists of three double bedrooms, kitchen, bathroom and lounge all in great condition.

The Yorkshire Lass car park has additional space for 5 caravans, all with electric hook-ups and access to bathroom facilities.

Annual Rent: £22,000

Security Deposit: £5,000

Working Capital: £8,000

Stock: £7,000

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Admiral Taverns is looking for an experienced individual or couple with the passion and expertise to elevate the Yorkshire Lass, increasing trade and footfall. The ideal candidate(s) will be community-oriented, with a strong focus on promoting the pub’s sports teams, food offerings, on-site caravans and private events, establishing the pub as a must-visit destination for both locals and visitors. An important aspect will involve actively marketing and leveraging social media to keep the venue fresh, relevant and engaging for a broader audience. There is also the exciting opportunity to review and refresh the drinks menu, introducing new choices that reflect the latest market trends. The ultimate aim is to create a vibrant, welcoming community hub where both regulars and newcomers can visit.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *