Public House With Letting Rooms | | Ravenglass Cumbria | | PUBLIC HOUSE WITH LETTING ROOMS - CUMBRIA Additional self contained flat with scope for development 5 letting rooms and 2 bedroom owners' accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 58924
ADVERT IMPRESSIONS : 16,269 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £90,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | PUBLIC HOUSE WITH LETTING ROOMS - CUMBRIA
Additional self contained flat with scope for development
5 letting rooms and 2 bedroom owners' accommodation
Annual turnover of £145,000 with good gross profits
Beautiful coastal village of Ravenglass in Cumbria
Early viewing is strongly advised
Free of tie
LEASEHOLD
Location
This outstanding public house with guest accommodation is located on the main street that runs through the beautiful village of Ravenglass, it is situated directly on the sea front providing stunning panoramic views. Ravenglass is a small coastal village and natural harbour in Cumbria, it is the only coastal village within the Lake District National Park. It is located at the estuary of 3 rivers The Esk, Mite and Irt. Ravenglass is most famous as a former Roman port and is a popular tourist destination, its attractions include the Eskdale Railway and Muncaster Castle. The village is accessed via the A595 trunk road and Ravenglass railway station which is on the Cumbrian coast railway line. The M6 provides access to the UK wider motorway network and is approximately 1 hours drive away.
Business History
Meridian Business Sales are delighted to offer to the market this excellent public house with guest accommodation that has been established for over 30 years and has been in the capable hands of our client for the past 4 years. The only reason this superb business is being offered to the market is due to our clients desire to relocate to be closer to their immediate family. Since owning the business our clients have established an outstanding reputation for quality, indeed they were given the 'Spring 2009 Pub of the Season' award by CAMARA for the exceptional beer served. We are advised of an annual turnover of £145,000 with good gross profits which is derived from the 50/50 split of wet and dry sales and the letting of the business' 5 guest rooms. The business premises are substantial and afford any prospective purchaser the opportunity to increase the letting side to the business which is in high demand (subject to local planning). Overlooking the sea front the business has a wonderful trading location and is ideally situated to cater for the needs of the many tourists that visit the area. This is a wonderful opportunity and would ideally suit a husband and wife partnership looking for a lifestyle change in a stunning coastal location. As such early viewing is highly recommended as this business is not to be missed.
Financial Profile
Turnover: £145,000pa
Stock approximately: £3,000
Tenure
Leasehold - Original length: 7 years
Remaining: 2 years, Review: 2 years
Rent: £11,160pa
New lease available
Opening Hours
Monday to Sunday: 12:00pm - 12:00am
Accommodation
Substantial detached property c200 years old, public house with 5 letting rooms and private parking, briefly comprising:
GROUND FLOOR
Main secure entrance leading to welcoming porch.
Beautifully presented split level public bar with feature wooden roof beams, central log burning fire and 50/60 person capacity with 30 internal covers.
Dining room with central feature fireplace and 8 cover dining area, full commercial kitchen and side pantry annex, secure access to bottle cellar and storage room, ladies and gents toilets, access to rear yard, beer cellar and office.
Stairs to first floor private accommodation.
FIRST FLOOR
2 x double bedrooms both en-suites used as private accommodation. 5 guest letting rooms consisting of: 2 x double rooms with en-suite both with sea views, 1 x twin bedroom and 2 x single rooms 1 of which has sea views.
Studio flat - Accessed from rear yard, spacious studio self contained apartment with bathroom.
EXTERNAL
Rear yard approx 20 external covers providing access to studio flat and beer cellar plus private parking for 7 vehicles. | | | | | | FOR SALE | | | | | REFERENCE: | 2518 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
