Plunkets, in High Petergate, York, put up for sale

JWP Creers corporate finance partner, Tony Farmer and Plunkets director, Sharon Brown, outside the well known independent York restaurant which is being put up for sale.

JWP Creers corporate finance partner, Tony Farmer and Plunkets director, Sharon Brown, outside the well known independent York restaurant which is being put up for sale.

First published in Business news
Last updated

A YORK restaurant based in 400-year-old premises with signatures of The Rolling Stones band members signed in lipstick on the wall has been put on the market.

Family-owned Plunkets, in High Petergate, is being sold through the corporate finance team at accountants and business advisers JWPCreers.

The restaurant is based in timber-framed premises built in 1640 and thought to have once been owned by York chocolatiers, the Terry family.

The property was visited in the 1960's by members of The Rolling Stones, who scribbled their names in lipstick on the wall of the top floor bar, with the signatures preserved to this day.

Plunkets was founded as a family enterprise in 1977 in the three storey property, which has been restaurant for 50 years.

The 80-cover restaurant business, which now has 22 staff, was acquired by the current owners in 2006.

Tony Farmer, corporate finance partner at JWP Creers, which has an office at York Science Park, said: “This is a rare opportunity to acquire an established, well-managed independent restaurant in historic premises.

"Plunkets has its own niche and a history of strong revenues, profitability and cash generation.

“The senior director wishes to pursue other opportunities and the sale of Plunkets provides an ideal chance for an established independent restaurant operator to extend their portfolio or for an independent restaurant business, or national chain, to acquire the business and move into the city."

Comments (5)

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10:43am Fri 25 Apr 14

bevdearnley says...

I have lots of happy memories on Plunkets in the 1980's and 90's when Trevor Ward owned it and Simon did front of house for many years.
I do hope it stays independent. High Petergate is an ideal place for a family business. Please don't sell to a chain!
I have lots of happy memories on Plunkets in the 1980's and 90's when Trevor Ward owned it and Simon did front of house for many years. I do hope it stays independent. High Petergate is an ideal place for a family business. Please don't sell to a chain! bevdearnley
  • Score: 7

11:32am Fri 25 Apr 14

magicadey says...

better not close and become some dreadful national chain. i love plunkets!
better not close and become some dreadful national chain. i love plunkets! magicadey
  • Score: 8

11:57am Fri 25 Apr 14

Maquis says...

We could do with a Tesco down that street ;)
We could do with a Tesco down that street ;) Maquis
  • Score: 2

1:45pm Fri 25 Apr 14

oi oi savaloy says...

Maquis wrote:
We could do with a Tesco down that street ;)
nah, what we need is another sainsbury, its at least 50 yards to the other one on bootham! look out for an announcement on james alexanders twitter account #jobsandgrowth

on a more serious note, i do hope this place does get a private buyer who will try to keep it as it is , had many a good night in there with my wife and a big big thank you to my sister in law who gave me and my wife a voucher to go in there on our 25th wedding anniversary xxx
[quote][p][bold]Maquis[/bold] wrote: We could do with a Tesco down that street ;)[/p][/quote]nah, what we need is another sainsbury, its at least 50 yards to the other one on bootham! look out for an announcement on james alexanders twitter account #jobsandgrowth on a more serious note, i do hope this place does get a private buyer who will try to keep it as it is , had many a good night in there with my wife and a big big thank you to my sister in law who gave me and my wife a voucher to go in there on our 25th wedding anniversary xxx oi oi savaloy
  • Score: 2

10:23pm Fri 25 Apr 14

akaroa says...

Peter Madderns , much used in the sixties.
Peter Madderns , much used in the sixties. akaroa
  • Score: 3

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