Pubs for sale in Penrith

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SUPERBLY APPOINTED HIGHLY PROFITABLE INN

Penrith, Cumbria, England

  • Leasehold Price: £275,000  Price Reduced arrow_drop_down
Seller Reference: 7957L
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Business Description
 
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Seller Reference: 7957L
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Business Description
Attractive location within the picturesque village of Oxenholme, close to Kendal and the Lake District National Park.
Well-presented Bar/Lounge areas (circa 100) carpeted throughout with feature stone fireplaces.
5 En-Suite Letting Rooms.
Potential to add 2 additional letting rooms (STPP).
Attractive Beer Garden (circa 100) with impressive range of children’s play equipment.
Potential to introduce caravan/camping facilities (STPP).
Owners flat with 3 Double Bedrooms.
Advised turnover y/e June 2017 in excess of £850,000 (incl. VAT), declaring in excess of £470,000 gross profits, culminating in substantial recon net profit.
Trade split approx. 43% wet / 46% Food / 11% Accom.
Partially tied Lease Agreement with the option of becoming ‘Free of Tie’ subject to negotiation of terms.

A TRULY SUPERB PROFITABLE BUSINESS IN A SOUGHT AFTER LOCATION

ASKING PRICE £275,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
Tenure:
Leasehold
Listed by:
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