Village Inn And Post Office | | Kings Meaburn Cumbria | | Award winning traditional village freehouse with Post Office counter. Situated in delightful Eden Valley village within 5 miles of the Lake District. Benefits from local trade and adjoining caravan park. Potential to provide bed and breakfast accommodatio | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70419
ADVERT IMPRESSIONS : 9,334 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | ASKING PRICE: | £34500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Kings Meaburn is a delightful residential village in the scenic Eden Valley between Penrith (10 miles) and Appleby (5miles). The White Horse lies in the centre of the village with a static caravan park to the rear and a further caravan park lies close by at Sockenber.
DESCRIPTION & ACCOMMODATION
The White Horse is of traditional stone construction with slate tiled roofs and includes the following accommodation:-
GROUND FLOOR
Entrance Vestibule;
Lounge Bar with seating for around 35, two open fires, exposed beams and stone walls, TV point and bar servery;
Ladies Lavatory;
Kitchen with catering equipment and stainless steel sink unit;
Snug with (blocked) fireplace and wall cupboard;
Post Office Servery with fitted counter and adjoining store room.
FIRST FLOOR
Landing;
Bedroom 1 (double);
Bedroom 2 (Single);
Living Room with an open fire;
Kitchen with wall and base units, plumbing for washer and electric oven/hob;
Bedroom 3 (double);
Bathroom with bath having shower above, wash hand basin, WC . airing cupboard and combi boiler;
Utility;
Bedroom 4 (Double);
Bedroom 5 (Double).
OUTSIDE
Gents Lavatory; Access to Beer Cellar; Garage; Storage outbuildings; Private garden and beer garden with smoking shelter.
All references to areas and dimensions are deemed to be approximate.
RATES
Description in list: Public House and premises.
Rateable Value: £5,400.
The property benefits from 100% rural rates relief.
SERVICES
We are advised that mains water, electricity, and drainage are connected to the property. Lpg gas central heating. 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 landlord will grant the ingoing tenant a new 9 year full repairing lease at an initial rent of £9,000 per annum subject to 3 year reviews. The ingoing tenant will need to provide references and be approved by the landlord.
‘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 ingoing tenant will be expected to pay the landlord’s reasonable legal costs in connection with the lease. Each party will bear it’s own costs in connection with the transfer of the business.
THE BUSINESS
This traditional village pub and winner of CAMRA’s Westmorland Pub of the Year in 2010 benefits from trade from nearby caravan parks and holiday cottages as well as local business and offers good beer and a pub menu. It currently opens 7pm to 11pm Monday to Wednesday, 6pm to 11pm Thursday to Saturday and 12 to 12 on Sunday and income is boosted by the long established annual beer festival in July. Pub sales were £106,462 in the year to 31 March 2011. It also has the benefit of additional income of £300 per month from the Post Office counter which opens 16 hours a week. Full accounts will be made available to bona fide applicants, normally after viewing.
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 06/12/11 Reference C1651. | | | | | | FOR SALE | | | | | REFERENCE: | C1651 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
