Traditional Lakeland Village Inn | | Bassenthwaite Cumbria | | Located in the picturesque village of Bassenthwaite 6 miles from Keswick. Large bar and dining area with 70 possible covers including many traditional features. 3 bedroom owners accommodation with living room, bathroom, kitchen & office. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69241
ADVERT IMPRESSIONS : 6,873 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £99,950 | ANNUAL RENT: | £51000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Bassenthwaite village lies about a mile and a half from the lake of the same name and 6 miles north west of the busy tourist town of Keswick via the A591. The village is set in magnificent country surrounded by wooded hills and the Skiddaw mountain range. It has a primary school, a 13th century church and a range of traditional stone cottages and more recent dwellings. The Sun Inn is situated close to a packhorse bridge over Dash Beck.
THE BUSINESS
The Sun has developed into a well reputed food destination inn attracting customers including tourists and locals from a wide area. It appears in both CAMRa Good Beer Guide and The Good Pub Guide for 2012. It is currently trading 4.00pm to 11.00pm Monday to Thursday, 4.00pm to 11.30pm Friday, 12 noon to 11.30pm Saturday and 12 noon to 10.30pm Sunday with 3 full time staff including a chef and 2 part time. Turnover for the year to 28 February 2011 was £380,380 net of VAT. Full accounts will be made available to bona fide applicants, normally after viewing.
DESCRIPTION & ACCOMMODATION
The property is a 16th Century farmhouse, updated but retaining enormous character. It is of stone construction with white rendered and black edged walls and a pitched slate tiled roof. The living accommodation has been tastefully improved and re-decorated to a high standard. The accommodation more particularly includes;
GROUND FLOOR
ENTRANCE LOBBY
with fitted timber benches;
BAR & DINING AREAS
Open plan bar divided into separate areas by timber stanchions and walls, fixed seating and tables and chairs for about 70, timber beams, open fire places with exposed stone surrounds and bar servery with timber counter;
LADIES, GENTS & DISABLED TOILETS
CATERING KITCHEN
Fully equipped including stainless steel worktops and sink units, extractor, 6 ring gas cooker and Rational Combination oven, deep fat fryers, microwaves, fridges, freezers and has non slip floor cover.
Adjacent to the kitchen is a Walk-in Refrigerated Cabin plus Covered Passageway providing dry good storage and freezers;
BEER CELLAR & STOREROOM
FIRST FLOOR
OWNERS ACCOMMODATION
Living Room, 3 Bedrooms, Bathroom, Office, Central Heating Boiler Room and Kitchen.
OUTSIDE
To the front is an area with benches providing additional seating for about 60 plus a few parking spaces. To the rear is a small yard with side passage including propane gas bottle storage and oil tank. On the opposite side of the adjoining lane is the gravelled main car park with a lock up garage.
RATES
Description in list: Public House and Premises.
Rateable Value: £21,150.
Rate in the £ (11/12): 0.433.
Council Tax: Band A.
The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.
SERVICES
We are advised that mains water, electricity and drainage are connected to the property. The property has oil fired central heating and a propane gas cooker. No warranty is given regarding the working order of any appliances or services referred to in these particulars.
FIXTURES & FITTINGS
Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded. Stock will be valued separately and taken on completion.
TENURE
The property is held on a 20 year full repairing lease from 5 April 2003 at a current rent of £51,256 per annum reviewed annually by reference to the retail price index and 5 yearly to market value.
Note that these are the main extracts from the lease as a guide only and a purchaser must satisfy himself of all provisions by inspecting a copy of the lease.
A prospective purchaser/ ingoing tenant will need to be approved by the landlord before the lease can be assigned and will need to complete the landlord’s application form and a business plan, have a personal licence in place and be interviewed by the regional manager before approval is considered.
‘You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk. ‘
COSTS
The purchaser/ ingoing tenant will be expected to pay the landlord’s and lessees reasonable legal costs in connection with the assignment of the lease. Each party will bear it’s own costs in connection with the transfer of the business.
VAT & STAMP DUTY
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.
VIEWING
Strictly by appointment with the sole agents, PF&K Commercial. Tel. 01768 862135. Fax 01768 892101. E-mail. commercial@pfandk.co.uk Date 07/11/11 Reference C1648. | | | | | | FOR SALE | | | | | REFERENCE: | C1648 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
