Charming Cumbria Village Freehold Pub / Coaching Inn for Sale in Culgaith, Penrith
Penrith, Cumbria
- Status
FOR SALE
- Date Submitted:
24/12/22
- Advert ID
505627
- Reference
CLCA-CAPUB / Rightbiz
- Call Agent:
- Freehold: £699,950
- Turnover: £302,000 (£5,808 Per week)
- Net Profit: On request
Key Features
- Retirement Sale
- Central Position in Affluent Village
- With Car Park
- Established Business
- Attractive Business
- Potential for Alternative Use
Business Details
Cumbria Country Village Freehold Pub Coaching Inn For Sale Culgaith, Penrith
Charles Louis Commercial Agents are proud to be handling the sale of The Black Swan Inn, Culgaith on behalf of the current owners.
Ideal for an experienced Publican or independent operator group seeking to acquire a charming, well established traditional 'Coaching Inn' style Freehold Property and Business. This opportunity is independent and benefits from being free-of-tie. The latest accounts for 2021 show a Turnover of £302,969 and a Gross Profit of £225,246 with a positive and stable outlook for 2022.
This opportunity has a main presence within the beautiful village of Culgaith, Penrith and enjoys a top ranking (9.3 - Superb) on Booking,com for customer service. Last acquired in October 2016, it is only being offered for sale due to the current owners looking for well deserved retirement.
Along with the historic pub restaurant and bar areas, The Black Swan Inn property features an upstairs 2 bedroom owner / manager accommodation, there is also 7 bedrooms for guests, fully en suite with a strong repeat customer base, enjoying full bookings mid-week, along with weekends throughout the year.
Approximate Pub Property Gross Internal Area: 6,124 Sq Ft
We understand there is no VAT on sale and it is not a listed building. Please note accounts are available to view upon request after viewing and at the discretion of our clients,
Promo Video 1: https://www.youtube.com/watch?v=x5nUYOPvKBg
Promo Video 2: https://www.youtube.com/watch?v=Ox5eJ8pllek
3D Tour: https://my.matterport.com/show/?m=GwXFqPeGd14
All planning enquiries to be made to Eden Valley (Cumbria) Council.
Culgaith is a country village situated in the Eden Valley area of Cumbria, positioned between the Lake District and Northern Pennines. Less than a 10 mile drive to the historic town of Penrith, along with a short drive to the M6, it benefits from a major link toward Carlisle and into Scotland towards the north, as well as Kendal southbound making this an ideal location for Area of Outstanding Natural Beauty (AONB) holiday makers.
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Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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