Traditional Village Inn with Superb Food Opportunity
£156,000 T/O with Loyal customer Base
4 Ensuite Letting Suites & 2 Ensuite Letting Rooms
Located on Durham/Cumbria Border
EPC - C
This very impressive freehold pub is situated in a designated area of outstanding natural beauty amid the rolling scenery of the North Pennines in St John's Chapel, placing the Pub approximately equidistant between Durham and Carlisle.
This area, therefore,attracts a good deal of seasonal tourism drawn by the amazing scenery, exceptional walking routes and now the developing alternative coast-to-coast cycle route.
The Pub has a history that can be traced back to the 17th Century and is a detached stone property standing in its own grounds with an extensive car park. Adjacent to the Pub is the Village Church and nearby the villages amenities. There is further comprehensive information about both the business, the services offered and the local area on the business website www.thegoldenlionweardale.com
The Pub displays many original features and imbues a charm that can only exist with an authentic 17th century building, rather than a manufactured replica. The Property therefore presents a main bar area with approx 36 covers and a supporting games area. There is also an unused room between the bar and Kitchen that could, if developed, provide additional dining space.The vendor has advised that they run the business to suit their lifestyle so not not open on Monday's or during lunchtime during the weekdays. They have extensive family commitments and therefore considerable scope exists to increase the business turnover by opening for longer days/hours.
Above the Pub area is the 3 bed owners accommodation, this provides 2 double bedrooms as well as a single bedroom, a lounge with french doors, family bathroom.
The Pub was acquired by a serial entrepreneur and has received significant investment in both fixtures and fittings and presentation. This redevelopment has centred primarily around the letting rooms and the catering kitchen - the business has very recently been awarded a 5 ***** food standards rating. This has seen sales rise and importantly, are continuing to rise. Currently redevelopment of the letting rooms is an ongoing process, one that new owners will undoubtedly see as part of their own ongoing agenda. The owners have achieved an excellent 9.3 rating for guest accommodation with online Booking Providers such as Bookings and LateRooms.com
As this is an extensive property, the letting rooms & suites are not short on space, these provide double room and a single room accommodation as well as self catering facilities and lounge areas. The trade in the letting rooms is growing but is nowhere near yet mature and this may well point the way forward for new owners looking to develop profits even further.
Owners have their own spacious three-bedroom accommodation, and this provides the benefit of living in a delightful village whilst at the same time being the hub of the local community.
The term "Lifestyle Business" can be a somewhat overused phrase at times, however The Golden Lion delivers just this, set in outstanding countryside, adjacent to a Village Church in a setting that could adorn any picture postcard, yet with a tourist industry that can provide impressive profits in summer and a regular trade providing a bedrock of income the year round.
Furthermore, The Golden Lion is presented to the market at realistic price, making this a tremendous opportunity for someone wanting a freehold acquisition in the licensed and catering industry.Fixtures:
6 Hob Range
2 X Deep Fat Fryers
Summer: Mon - Sat: 12:00 - 01:00
Sun: 12:00 - 00:00
Winter: Mon - Sat: 17:00 - 01:00
Sun: 12:00 - 00:00
Main Bar area
Letting suite 1: Lounge/kitchen area two bedrooms and a bathroom currently let as either single/double/family room fully renovated.
Letting suite 2: Lounge, Kitchen, Two bedrooms and bathroom ready for renovation.
Letting suite 3: Lounge, Kitchen, Two bedrooms and shower room ready for renovation.
Letting suite 4: Lounge, Kitchen, One single bedroom and bathroom. Ideal as staff accommodation or single person flat. Fully renovated.
Two further rooms both fully renovated ensuite.
2 X Double Bedrooms
1 X Single Bedroom
Location Details: Weardale
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