The club and its land have been put up for sale on the rightbiz website.
No sale value has been set for the club.
The listing describes the business as an “East Yorkshire Semi Pro Football club Northern Premier League Division One” and lists the features of the business as including:
The sale listing says:
“Founded in 1918, just after the First World War, the club has the local community at its heart.
It is a well-run club with an average net turnover of around £175,000 and misses no expense. However, there is the possibility of moving the business forward by selling it as a rental and personal reception venue.
The current chairman has run the club for around 20 years and now has to take a step back, having cleaned up the club’s finances and secured FA grants for new dressing rooms and medical rooms.
With local sponsorship deals, a hospitality box and private functions, the club is a great success story and needs someone at the helm to take it to the next level. “
The current chairman, Peter Smurthwaite, bought the club in 2004, at a time when the club had around £130,000 in debts that he paid off from his ownership.
The list goes on to state that donations are now being accepted for the club, stating:
“GUEST RENTAL OFFERS” adding business assets and equipment. Including stock to be appraised.
The Property is held on a full repairing and insuring lease from the local authority with approximately 18 years remaining. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent £5,000 per annum paid quarterly in advance, subject to annual rent reviews. “
There are more main points about https://www. rightbiz. co. uk/buy_business/for_sale/605795_east_riding_of_yorkshire. html
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