Rodgers Leisure acquires the Black Swan, Scarborough
16 September 2020Selby based Rodgers Leisure have recently added to their portfolio of licensed premises, acquiring the Black Swan, in the North Yorkshire coastal resort of Scarborough through the Leeds office of Fleurets.
The Black Swan, located at the junction of Queen Street and Elders Street to the north of the town centre, is in an area comprising a mix of commercial and residential properties being close to the town’s railway station.
Rodgers Leisure are a family owned company with a portfolio of 5 traditional bars, together with other hospitality business and residential investments. Joe Rodgers said: “the Black Swan will reopen to the public in October after an extensive refurbishment. By April 2021 we hope to have added six en-suite letting bedrooms, together with a two bedroom holiday apartment”.
Nick Thomas of Fleurets, who brokered the sale commented “It is good to see the Black Swan re-emerging and spreading its wings after a period of closure. I am sure that customers will enjoy the refurbished facilities and, looking forward, the creation of letting accommodation will, no doubt, benefit from the increasing numbers of people enjoying staycations and visiting this popular part of the Yorkshire coast.
The Black Swan was sold for an undisclosed figure, off a freehold asking price of £150,000.