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Lake District Cumbria Freehold Café Bistro and Restaurant For Sale in Penrith

Penrith, Cumbria
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Vacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake District Photo 1
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Vacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake District Vacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake DistrictVacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake DistrictVacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake District
  • Status

    FOR SALE

  • Date Submitted:

    13/10/21

  • Advert ID

    284344

  • Reference

    ID2869 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £500,000 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • High Turnover
  • Offers Invited
  • Prime Location
  • Accounts Available

Business Details

Vacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake District

Sovereign Business Transfer are delighted to have this vacant fully equipped café bistro and restaurant for sale.

The property which dates back to 1800 was bought as a derelict pub in 2011 and 18 months later was transformed into an upmarket eatery which attracted tourists, Centre Parcs clients and a local clientele from the surrounding area.

The Bridge is located in the small village of Kirkby Thore on the main A66 trunk route in the heart of the Eden Valley. The Lake District National Park and North Pennines are close by and the property is within easy reach of tourist attractions including Hadrian’s Wall and the Settle to Carlisle Railway.

The A66 provides links to Penrith to the north and North Yorkshire southbound, the M6 motorway is 9.5 miles west providing links to Carlisle, Scotland and the North West of England.

This valuable vacant premises has its own car park, the ground floor can host up to 80 covers and the first floor can host an additional 12. Themed nights were popular and the refurbishment is of the highest standard with a second commercial kitchen, pizza oven and walk in cooler on the first floor coupled with a fully fitted additional kitchen downstairs.

The first floor has a three bedroomed flat with lounge, kitchen and family sized bathroom and shower, this unit has its own first floor entrance. This exceptional property has three phase electricity and data caballing throughout the property.

The property is owned by a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company. The sale price quoted above is based on the assumption that on or before completion, the vendor will have withdrawn all cash from the company and paid off all bank debts and any money owed to the Inland Revenue.

Freehold: £500,000 to include all fixtures and fittings.

Leasehold option is also available at £60,000 with an inward investment with lease terms to be negoiated.

A viewing comes highly recommended to any entrepreneur looking to venture into the hospitality industry.

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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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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.

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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.

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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.'.

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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.

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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.

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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.

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The data showed regarding this advert 'Vacant Freehold Commercial Property With all Fixtures & Fittings For Sale Lake District - ID2869 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.