Bistros for sale in Keswick

View the "BAR/ RESTAURANT AND FLATS IN LAKE DISTRICT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Freehold Price: £695000 Leasehold Price: £95000 Annual Turnover: £362,000
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Business Description
• Central Lake District tourist town
• 54 cover dining and seating bar and restaurant plus outside seating
• Prominent and popular dining and drinking venue
• Two 2-bedroom and one 1-bedroom self contained flats on upper floors
• For sale freehold or business only for sale leasehold

Keswick is a busy tourist town situated in the Lake District National Park about 18 miles west of Penrith and junction 40 of the M6 Motorway via the A66. It lies adjacent to Derwent Water, surrounded by stunning Lakeland fells and provides a range of shops, hotels, restaurants, pubs and other tourist related businesses and facilities. The resident population is around 5,600 but the tourist season in the town now lasts for most of the year providing a substantial non-resident population. Major retailers include, George Fisher, Boots, Blacks, and Edinburgh Woollen Mill. Lakes Bistro is located on Station Road in a prime trading position in Keswick town centre.

The Business
Lakes Bar and Bistro is a busy and popular all day dining and drinking venue which was acquired by the current owners in 2007 when it traded as Rembrandt Restaurant. It underwent major refurbishment and rebranding to Lakes Bar and Bistro in 2011. It is open daily between 10.00am and 11.30pm and operates with 9 full and part time staff. It has a full premises licence. We are advised that sales for the year 2014/15 were £362,373 net of VAT. Full accounts will be made available to bona fide applicants, normally after viewing.

An imposing 3 storey Lakeland stone building with a restaurant bar and catering kitchen on the ground floor and 3 upper floor flats with separate access.
Tenure: Freehold, Leasehold

Leasehold Term: New lease at rent of £22,000 per annum

Listed by: Mere Commercial
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