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Village Public House in Penruddock Cumbria

Price:
Leasehold - £109,950
Turnover:
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Seller Ref:
2692
Location:

Cumbria, Penruddock

Business Type:

Food Service Businesses, Hotels, Pubs

See Other:
Restaurants for sale in Cumbria
Public houses for sale in Cumbria
Guest houses for sale in Cumbria
Food service businesses for sale in Cumbria
Pubs for sale in Cumbria
Hotels for sale in Cumbria
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this village public house, which was established in 1890 and which has been in our client's careful hands since 2006. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days week and generates a turnover in the region of £276,000 per annum, derived from real ales, fine wines, spirits, full restaurant services and the letting of 5 guest bedrooms. The pub has a darts team and a dominoes team. We feel the turnover could be further increased by embarking on a modest marketing campaign. The business has an enviable reputation and enjoys much repeat trade. The pub was awarded with 5 star food hygiene rating and is recommended by numerous guide books. There is a website in place, advertising services and accommodation provided, with online booking facilities. The premises have been well-maintained and finished to a high standard throughout. There is also 2-bedroom owners' accommodation. This is an ideal opportunity to acquire an already busy public house with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Herdwick Inn occupies substantial detached premises, built in the 18th century, and set in the quiet Cumbrian village of Penruddock. The business boasts a prominent trading position on the main road in the heart of the village. The premises benefit from ample on-street and private parking and are surrounded by picturesque countryside. The business draws much trade from the local community and enjoys much passing trade from the busy A66. Penruddock is ideally located between Penrith and Keswick and is a popular tourist destination. The business boasts easy access to the A-road network and the M6 is 5 miles away. Penrith is approximately 6 miles away, while Windermere lies 21 miles to the south.
Lease Terms:
Original length: 10 years Remaining: 3 years Review: every 10 years Rent: £34,000 per annum
Trading Hours:
Mon - Fri: 12:00pm to 2:30pm and 5:30pm to 12:30am Sat: 12:00pm to 12:30am Sun: 12:00pm to 11:00
Accommodation:
Substantial 19th century 2-storey public house premises with 5-letting rooms and 2-bedroom owners' accommodation. Briefly comprising: Lower Ground Floor • Cellar fitted to suit the trade Ground Floor • Bar area with 8 points of dispense, 16 x optic displays, double fronted drinks chiller and tables and chairs for up to 40 • Service area with dishwasher, ice machine, card machine, telephone, electronic cash register, carvery workstation and wine chiller • Restaurant area with tables and chairs for up to 38 covers • Commercial kitchen with 8-burner hob and double oven, 3 x fryers, refrigerator, dishwasher, freezer, freezer, dairy refrigerator, chest freezer and triple refrigerator • Storeroom with fridge/freezer and chest freezer • Ladies and gents WCs with wash hand basins Upper Ground Floor • Restaurant area with tables and chairs for up to 22 covers First Floor • 2 x double bedrooms with en-suite facilities • 2 x twin bedrooms with en-suite facilities • Single b
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