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11

Oct 2024

Last Updated: 11/10/2024
Business
Business

Vacant Ripon pub under new ownership

by Lauren Ryan

| 11 Oct, 2024
Comment

0

lamb-and-flag-ripon
The Lamb and Flag pub in Ripon

A historic pub in Ripon city centre has been sold.

The Lamb & Flag has remained vacant since 2022 when it closed its doors and ceased trading as a pub.

The early 19th Century Grade II listed building on High Skellgate has been sold by specialist business property adviser, Christie & Co.

Christie & Co told the Stray Ferret that the marketed price was offers over £250,000 plus VAT.

However, it declined to say how long the property had been on the market and if there are plans to reopen the site as a trading pub.

The company said that the “new owners have asked to remain private".

lamb-and-flag-closed

The vacant pub after its 2022 closure

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Marslie McGregor, business agent at Christie & Co who handled the sale, said:

It was a pleasure to sell this property on behalf of a well-renowned pub company. Given the property’s excellent location, size and character, it is full of potential for the new owners, and I look forward to seeing what’s in store.

The level of interest was extremely high, resulting in multiple offers received. Although the market has some challenges at the moment, we are still seeing positive buyer demand for well-priced sites in good locations.

mixcollage-11-oct-2024-02-13-pm-7129

The interior of the Lamb & Flag. Image: Christie & Co

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