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OUTSTANDING COUNTRY HOTEL WITH BAR AND RESTAURANT IN THE VILLAGE OF CLEATOR
Price:
Freehold - £1,000,000
Location:
Cumbria, Cleator Moor
Business Type:
Food Service Businesses, Hotels, Pubs
Stunning rural location close to Ennerdale Water.
Lounge with elevated seating areas.
Bar restaurant including excellent conservatory.
Large functions complex with seating for 250.
16 large en-suite letting bedrooms.
2 separate bungalows for owners and staff accommodation.
Turnover of £492,246 (incl.VAT) in 2005, with an excellent gross profit of 65.1%.
The trade split is 33% accommodation, 26% wet, 41% food.
Excellent reconstituted profits of £129,494 in 2005.
A TRULY SUPERB BUSINESS IN AN IDYLLIC LOCATION.
ASKING PRICE £1 MILLION FREEHOLD TO INCLUDE FIXTURES, FITTINGS AND GOODWILL, EXCLUDING S.A.V.
THE PROPERTY
An old school conversion, the business is a mix of old traditional sandstone exterior with a modern comfortable interior with friendly service and great food.
The main entrance is the old girls’ entrance to the school and leads to the lounge area.
This is tastefully furnished, carpeted, with a stylish bar servery. There are elevated seating areas, giving a feeling of extra space and intimacy.
The bar restaurant is also carpeted and has 45 covers, including a stylish conservatory area.
There is a small reception lounge with carvery unit, leading to the large functions room. This is stunning, hand painted to create an Amphitheatre ambiance, with Greek gods on the ceiling and caters for up to 250 for dinner dances, parties and weddings.
The ladies and gents WC’s are of a high standard.
The catering kitchen is excellent and well-equipped (no equipment tested) and in addition there is a small prep room with two walk in fridges and a freezer.
There is a well equipped beer cellar which is temperature controlled.
EXTERNAL
The grounds are extensive and offer the facility for further development of the business.
To the side and rear are large car parks, and to the front is a most pleasant lawned beer garden.
N.B. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1-day NCPLH Course every 2 weeks. Please telephone us to reserve your place.
THE BUSINESS
The current owners purchased the business in 1986 and have run the operation as a friendly family concern since then.
They have created a sophisticated business with an outstanding turnover in 2005 of £492,224.
The business caters for both locals and visitors and includes bar, food, function and hotel trade.
The trade split is 33% accommodation, 26% wet and 41% food trade and this results in an outstanding gross profit of 65.1%.
We calculate the reconstituted profits after adding back depreciation, loan interest, motor expenses and partners’ drawings at £129,494 for the year ended 30th April 2005.
Accounting information will be made available to interested parties after viewing.
The property was viewed by George Tunney who would be delighted to discuss further details and can be contacted on 07710 204304.
Viewing appointments must be made via Guy Simmonds on 01332 865112.
This outstanding business is located in Cleator Moor, a most pleasant village located on the A5086 in the Western Lake District between Cockermouth and Egremont.
This is an area rich in beautiful scenery, with Ennerdale Water and Loweswater nearby, but also close to the larger population centres of Whitehaven and Workington.
The business enjoys a strong following all year round from locals, supplemented by the large numbers of day visitors and holidaymakers during the warmer months.
Situated next to St Mary’s Church and Grotto, the popular Kangol factory Shop is opposite.
This is an outstanding location in which to live and operate an excellent business.
The property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected with gas central heating. Business rates and water rates are advised as currently being £27,280 per annum.
OWNERS ACCOMMODATION
Across the large car park are 2 bungalows. The 1st has 3 bedrooms and the 2nd is split into 2 flats, 1 single bedroom and the other with 2 bedrooms. This could convert into a 4 or 5 bedroomed home, with its own private garden.
LETTING ACCOMMODATION
The 16 bedrooms are all en-suite and have remote control colour TV with Sky, direct dial telephones, hair dryers, trouser presses and tea and coffee making facilities.
The rooms in the recently built wing are all double glazed, have a modern interior and are non-smoking. The older rooms in the original part of the hotel were all classrooms and are traditionally decorated and comfortable with corner baths in the en-suite bedrooms. There is a bridal suite, newly refurbished with a hand-carved wooden antique king sized bed, and coordinated furniture and décor with a small seating and dining area.
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