Public House And Restaurant In Cumbria | | Undisclosed Cumbria | | Public House West Cumbria T/O: £286,000 GP: 55% Scope to develop business Picturesque rural location Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54521
ADVERT IMPRESSIONS : 37,336 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £215,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This prominent public house occupies a substantial end terraced property, ideally located in a thriving village in West Cumbria. There is ample free on street car parking in the vicinity and the business benefits from several local residential areas. The premises enjoy easy access to a range of tourist locations, notably the west coast, with Whitehaven approximately 7 miles away. The Lake District National Park, Workington, Maryport and Egremont are all within the area, and Penrith and the M6 motorway are approximately 42 miles away.
Business History
Preferred Commercial is pleased to offer for sale this popular and well-established public house, which has been operated by our client since 2004 and is only now offered to the market due to our client's wish to relocate. The business is based in the heart of the community and benefits from year round trade, with a loyal customer base from local residents and additional revenue from tourists. The property enjoys a large, traditional bar area with open fire, a dining area suitable for approximately 40-covers and a commercial kitchen, along with owner's accommodation, which could be re-configured to provide 2 - 3 bedrooms. The business generates an approximate annual turnover of £286,000 derived from 50/50 wet/dry sales, with a gross profit of 55%. The public house is free of tie. We feel the business could be further developed and there is also an option to run it under management. Early negotiations with Preferred Commercial are highly recommended.
Financial Details
T/O: £286,000 approx.
GP: 55%
Opening Hours
Mon - Thurs: 11.00am to 12.00am
Fri & Sat: 11.00am to 1.00am
Sun: 11.00am to 12.00am
Accommodation Details
Substantial 2-storey, double fronted end terraced property with bar, dining area and owner's accommodation. Briefly comprising:
Ground Floor
• Open plan bar area with tables, chairs and perimeter seating for approximately 40-covers, open fireplace and central bar servery with 12 points of dispense
• Commercial kitchen
• Ladies and gents WCs
• Store room to rear with bottle store
• Exit door to rear yard
Lower Ground Floor
• Beer cellar with associated equipment
First Floor
Self-contained private accommodation with scope to change to 2 - 3 bedrooms if required
• Landing
• Lounge
• Double bedroom with en-suite faciltites
• Office area
• Store room with various refrigerators and freezers
• Store room
External
• Wide double frontage onto main road
• Free on-street car parking
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2008 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
