Bars for sale in Penrith

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TRADITIONAL VILLAGE INN AT GATEWAY TO THE LAKE DISTRICT

Penrith, Cumbria, England

  • Freehold Price: £585,000
  • Annual Turnover: £302,445
Seller Reference: MA1199
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: MA1199
Request Details
Business Description
• Village pub and food destination inn on edge of Lake District
• Includes shop with post office, 2 bedroom flat and modern 3 bedroom house
• Parking, outside seating areas and garden
• Fashionable village 2 miles from Penrith and 1 mile from M6 Junction 40
• Excellent established reputation and trade

Overview
A popular and successful village pub and destination food inn with a separate shop providing post office services and separate dwelling situated in a fashionable village on the very edge of the Lake District. The business has been owned and run by the current proprietors since 2009 as a family business who have developed the reputation of the pub for traditional fare across a wide geographical area but who are now seeking to retire. This is a busy pub opening Monday to Friday 12-3pm and 6-11.30pm and Saturday and Sunday 12 noon to 12 midnight with a turnover to 31 March 2019 of £302,445 net excluding Post Office sales and salary. The split of the trade is about 55% food and 45% drink. Support to buyers in terms of training and advice will be given as required. Full accounts will be made available to bona fide applicants, normally after viewing. The new owners will need to apply to the Post Office for the Subpostmaster position.

Location
Village on the edge of the Lake District National Park which lies between the A66 and A592, the access to the Ullswater valley, about 2½ miles west of the market town of Penrith and a mile from M6 Junction 40. The village has a primary school, hotel, village hall as well as the pub and post office and the Rheged discover centre lies closeby.

Description
The property comprises a traditional village pub built in stone with rendered elevations and slate tiled roofs. Extensions have been added at the rear. It has outside areas, parking and a separate 3-bedroom detached modern barn converted house.

Accommodation

The Pub

On the ground floor:
Entrance Lobby
Bar and Seating Area (9.53m max x 8.35m max) L-shaped having a traditional ambience with timber beams, fireplaces, bench seating and tables and chairs for approximately 40 and bar servery.
Ladies and Gents Toilets at either end of the bar.
Inner Hall with access to the first floor.
Boiler and Cleaning Room.
Catering Kitchen (8.02m x 2.78m) with non-slip floor covering, extractor, stainless steel sink unit, and range of equipment including 6 ring range, stainless steel units, microwaves, griddles, fryers, fridges and freezers.
Beer Cellar and Store Room with outside access.

The Shop

Sales (3.79m x 5.14m) including WC.

The Flat

On the first floor with access from the pub and separate external stairs:
Hall
Kitchen (3.16m x 2.07m) with modern units, electric oven and hob and stainless steel sink unit.
Living Room (4.18m x 3.49m)
Bedroom 1 (2.99m x 4.43m)
Bedroom 2 (2.41m x 5.58m)
Bathroom with bath, separate shower, WC and wash hand basin.

The House

Separate detached stone building.
On the ground floor with entrance and hallway:
Bedroom 1 (2.79m x 2.46m)
Bathroom with bath, WC, shower and wash hand basin.
Bedroom 2 (3.62m x 2.58m)
Bedroom 3 (2.35m x 2.57m)

On the first floor:
Open Plan Living/ Dining/ Kitchen (4.13m x 4.27m and 6.11m x 4.55m) with front door onto adjoining cul-de-sac, kitchen area having modern units, electric hob and oven and stainless steel sink unit.

Outside
To the front parking for about 7 cars, covered seating area with patio dining seating for about 14.
To the rear, lawned uncovered seating area with 3 benches, stone-built garage/ store and private garden.

All references to areas and dimensions are deemed to be approximate.

Services
We are advised that mains water, electricity and drainage are connected to the property. The pub has oil central heating and the house lpg gas central heating. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

Tenure
We are advised the property is freehold.

Rates
Description in list: Public House & Premises
Rateable Value: £21,000
Council Tax: Band A

The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.

Fixtures and Fittings
Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded. Stock will be valued separately and taken on completion.
Tenure:
Freehold
Is accommodation included?:
Yes
Number of bedrooms:
2
Location Details:
TRADITIONAL VILLAGE INN, EDGE OF LAKES, CUMBRIA
Listed by:
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