Prominent Free House for Sale, The Lily Bar on Lake Road, Ambleside, Cumbria
Ambleside, Cumbria
- Status
FOR SALE
- Date Submitted:
16/08/21
- Advert ID
281161
- Reference
The Lily Bar / Rightbiz
- Call Agent:
- Leasehold: £180,000
- Rent: £38,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Town Centre location
- Accounts Available
- New Lease
- Established Business
- Close to Local Amenities
- Attractive Business
- Prime Location
Business Details
The Lily Bar, Lake Road, Ambleside, LA22 0AD
The Lily is a FREE HOUSE establishment prominently situated on the principal route through the town, within the centre set amongst a healthy mix of other traders and is well placed attracting an excellent blend of local and visitor trade. Ambleside is highly popular and extremely busy Lakeland town in the Lake District National Park which is a now a UNESCO World heritage Centre which enjoys high levels of visitors throughout the year.
The position also enables high levels of footfall past the front door as its on the principle route to the Lake out of town on the one way system.
The Lily is a highly popular and very well established Free House wine bar and restaurant with a great selection of cask ales, delicious wines and has a good reputation for selling hearty food. Presented to a good standard with an attractive combination of traditional and modern style.
A highly regarded and well established business popular with a healthy mixture of both local and visitor trade throughout the year. This sale represents an excellent business opportunity to take over an already thriving business with excellent turnover and profit margins. With a projected income this financial year of £700,000. The Business is sold with all fixture and fittings and Stock at Valuation. For additional information visit www.thelilybar.co.uk
Enviably positioned excellent lock up premises with prominent frontage on Lake Road. The property is attractively presented assisting to create a superb ambience, excellent décor enjoying a combination of slate and oak floors, exposed traditional, feature stone walls and inset gas fire. Good size, and highly important prominent with two large windows and well placed in the heart of this popular Lakeland town.
Currently providing covers for approximately 40 people having superb bar and restaurant area, fully equipped kitchen and cellar.
Additionally it benefits from male, female and disabled toilets. Open 7 days a week 12 noon to 12pm Monday - Thursday & 12 noon-1am Friday and Saturdays.
Being sold as a going concern which is extremely well established with a superb net turnover. Operating throughout the year. Offered on new leasehold terms at a rent of £38,000 per annum. Available on Full Repairing and Insuring terms. A 15 year lease is proposed with 3 yearly rent reviews. Accounts and figures will be available to genuinley interested parties.
The Business is currently operated with 5 x full time staff and 4 x part time staff members. Plus a part time cleaner. The property benefits from two external stores to the rear of the property allowing an useful storage facility. The primary store measures 2.63m x 2.43m with power.
Being sold as a going concern which is extremely well established with a superb net turnover. Operating throughout the year. Offered on new leasehold terms at a rent of £38,000 per annum.
Available on Full Repairing and Insuring terms. A 15 year lease is proposed with 3 yearly rent reviews. Accounts and figures will be available to genuinely interested parties.
The Business is currently operated with 4 x full time staff and 4 x part time staff members. Plus a part time cleaner.
The property benefits from two external stores to the rear of the property allowing an useful storage facility. The primary store measures 2.63m x 2.43m with power.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
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.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
