Overview
Description
• Popular food destination pub with separate shop and post office
• Outside seating areas, garden, parking and 2-bedroom owner’s accommodation
• Open plan bar and dining area
• Takings £347,000 net in 9 months to 31/12/2023
• Attractive village nr Penrith and gateway to the Lake District
• Available freehold or on a lease at a rent of £30,000 pa and ingoing of £50,000
Overview
A popular and thriving village pub and food destination inn, situated in an attractive village on the edge of the Lake District National Park. The business has been owned and run by the current proprietors since 2009 as a family business with an excellent reputation for traditional fare. Opening hours are Monday to Friday 12-3pm and 6-11.30pm and Saturday to Sunday 12 noon to 12 midnight. Turnover for the 9 months to 31 December 2023 was £347,000 net of VAT, with a split about 55% food and 45% wet. The pub also has an adjoining shop and post office producing additional income of about £15,000 a year which is included in a freehold sale and could be available separately to an incoming tenant. Anyone operating the post office counter would need to apply to the Post Office for the subpostmaster position. Our clients are seeking to retire from the business. Full accounts will be made available to bona fide applicants, normally after viewing.
Website: www.kingsarmsstainton.co.uk.
OVERVIEW
A popular and successful village pub and food destination inn with a separate shop providing additional income with sub post office services 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. It has a website www.kingsarmsstainton.co.uk. 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. An adjoining 3 bedroom houses is available separately.
Leasehold Terms:
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