Bistros for sale in Lancaster

View the "Village Public House, Restaurant, B&B, Hest Bank, Lancashire, For Sale." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
View More
Leasehold Price: £150,000 Price Reduced Annual Turnover: £723,000
Request Details
Business Description
Aspire is delighted to offer for sale this Public House and Restaurant, with potential letting rooms, centrally located in the village of Hest Bank, near Lancaster, Lancashire. The premises are set on the banks of the Lancaster Canal, and enjoy picturesque views across the village and canal.
There is ample parking on site and easy access to the local amenities.
Hest Bank is a coastal village, which sits between the coastal road leading down towards Morecambe and the A6 leading north up to Carnforth.
The M6 motorway is accessible less than 5 miles away, with Lancaster approximately 2 miles away.

This 16th Century inn is well known in the area and once served as a coaching station for traffic crossing the sands of Morecambe Bay. There is still right-of-way across Morecambe Bay from Hest Bank to Grange-over-Sands, and many walkers enjoy guided walks, which take place from Spring to Autumn, tides allowing.

The business has been operated by the current landlords for 10 years, and is only now available for sale due to retirement.
The owners have developed an enviable reputation in the village, providing a warm and welcoming atmosphere to local residents and to visitors, which is reflected in the extensive, excellent comments on internet review sites. As well as real ales, wines and spirits, the pub is well known for serving a range of high quality food, hot and cold meals and snacks.

The premises enjoy direct access to the canal, providing entry for potential passing barge customers.

The business benefits from a highly experienced team of loyal members of staff, including management. The existing staff structure, industry knowledge and management will undoubtedly make any business transfer significantly simpler.

The pub is held on a Punch Taverns ‘Pubmaster’ lease, with the income derived from a 50/50 wet/dry split. The lease is tied to beers only, and is free of tie on wines, spirits and soft drinks. All of the external repairs are the responsibility of the landlord.

This large period property is stone-built and retains many original features, such as stone flag flooring and exposed beams, whilst sympathetically incorporating 5 dining areas and 2 bars.

The main entrance at the front of the premises leads into the smaller of the 2 bars, which is very popular with locals. This bar area features a tiled floor and wood burning stove, and is furnished with tables, chairs and perimeter seating, and also has an additional seating area used for dining.
The corner bar servery has 8 taps, rear chiller cabinet, EPOS system and a hand wash sink.

The larger bar area also has a corner bar servery with 7 taps. There are ample tables, chairs and perimeter seating for up to 24 covers for dining. This can also be accessed via the side entrance.

The dining room is furnished with tables, chairs and perimeter seating for 40 covers. This room is very popular with locals for hosting parties such as christenings, and is also available for funerals. This room has a rear exit/entrance door.

The gallery room has seating for approximately 20 and also benefits from a door to the terrace and a wall-mounted TV. This is ideal for smaller groups, perhaps to watch sports.

Ladies and Gents WC’s are also available to the ground floor.

The generous commercial kitchen is finished with commercial grade flooring and part tiled walls. The range of catering equipment includes full stainless steel air extraction unit, 6-burner gas range and ovens, griddle / hot plate, grill, double fryer, 4-pot Bain Marie, hot cupboards commercial sink, salad bar with stainless steel prep area, stainless steel shelving, commercial dishwasher, commercial sink. A smaller prep area incorporates stainless steel prep tables, 4-ring hob and oven, hand sink, various fridges and freezers including a fish fridge and a meat fridge.

An internal stairway leads up to the 1st floor where there is an office, bottle store and a meeting room, which is used by local society and community groups.
Also to this floor is a self-contained managers flat, comprising a spacious lounge, kitchen, double bedroom and bathroom.
In addition there are 3 x double bedrooms, 2 x bathrooms, laundry room, domestic store and WC.

Externally, there is a sizeable pub garden with 21 picnic tables suitable for up to 100 covers. This picturesque area also boasts a play area and gives access to the canal.
The garden is adjacent to a large car park, with parking for over 25 cars.

A website is in place, which showcases the premises and the menus available. This could be easily enhanced with an extended real ales section, and would be useful for advertising any new offers such as letting rooms or B&B accommodation.
There is social media in place, which is regularly updated and which provides excellent opportunities for marketing special offers and targeting potential customers.

These charming premises and the picturesque setting lend themselves to a variety of business options such as extending the restaurant and creating and marketing the business as a wedding venue. It may be possible to cover some of the outside areas, thereby allowing these areas to be used more regularly.
There is excellent potential to reconfigure the first floor layout to provide a 3-bed private apartment as well as the 1-bed managers apartment. It would also be possible to utilise these rooms for bed and breakfast business or longer term letting rooms.

Leasehold pub for sale - £150,000
Lease length - 3 years renewable, rolling lease
Annual lease rent - £55,000
Annual business rates - £49,000

Annual turnover - £723,478; GP 56.8%

This is an ideal lifestyle-change opportunity offering an already profitable business with owners’ accommodation, set in a stunning village location.
Prompt viewing to fully appreciate this business is essential. Contact Aspire for confidential discussions.
Tenure: Leasehold

Location Details:

The business is centrally located in the village of Hest Bank, near Lancaster, Lancashire. The premises are set on the banks of the Lancaster Canal, and enjoy picturesque views across the village and canal.

Leasehold Term:

Lease length - 3 years renewable, rolling lease Annual lease rent - £55,000

Listed by: Aspire
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...