FOR SALE
611886
94883 / Rightbiz
Pub restaurant located in the Furness Peninsula with huge scope for growth
South Lakeland village
Stone built character property
Main bar (15)
Restaurant (20)
Four bedroom owners accommodation
Net sales for 2023 £72,437 on limited hours (20 hours a week)
Lindal-in-Furness is located on the Furness Peninsula in the county of Cumbria, 8 miles northeast of Barrow-in-Furness and 3 miles southwest of Ulverston. The village is within easy reach of the Lake District National Park, South Lakeland Safari Zoo and Furness Abbey. The area has many beaches including Roanhead, Sandy Gap and Walney Island, and the National Trust’s Sandscale Haws National Nature Reserve and many holiday parks are close proximity. The property lies just off the A590 which links to Barrow in the south and the National Park, West Cumbria and the M6 northbound.
TRADE AREAS
PORCH leading to MAIN BAR AREA which offers comfortable sofa seating for 15, tiled floors and wood constructed BAR SERVERY. The servery has a back bar featuring shelving, fridges and glass wash, exposed stone and wood panel walls, exposed ceiling timbers and stone fireplace with multi-fuel log burner.
RESTAURANT offset which offers 20 covers and has exposed stone walls and ceiling joists and an electric feature fireplace. It is apparent that the trade areas have been well invested in and well maintained over recent years; the modern décor and furnishings complement the building's original features.
LADIES' and GENTLEMEN'S TOILETS located off the main bar.
KITCHEN which is well equipped with catering equipment and appliances, WASH and PREP AREAS and Altro nonslip flooring.
CELLAR to basement with KEG ROOM and three sizeable STORAGE AREAS offset, plus beer drop.
OWNERS ACCOMMODATION
Located at first floor with on-street private access, comprising:
LOUNGE, FAMILY BATHROOM with SHOWER CUBICLE, TWO SINGLE BEDROOMS and TWO DOUBLE BEDROOMS.
EXTERNAL
TRADE PATIO to the rear of the main bar which features a decking area, raised flower beds, seating for 14 and countryside views. To the side of the property is a PRIVATE COURTYARD with log shed. Bench seating to the front of the property for 6.
The Railway trades as a public house/restaurant which is popular with residents of both the village and the surrounding areas. Our clients have owned the business for 16 years and they currently only operate the pub as a lifestyle business (20 hours per week) which offers potential for increased trade. Net sales for the 2023 period are £72,437 with an adjusted net profit of £25,000. Full trade accounts will be made available to serious parties following any viewing. It is our opinion that this business would suit an aspiring chef or couple/family who are looking for the perfect work/life balance.
A full Premises Licence is held for the retail of alcohol.
Sunday to Thursday: 10:00 - 01:00
Friday & Saturday: 10:-00 - 02:00
Current opening hours:
Monday & Tuesday: closed
Wednesday to Saturday: 18:00 - 22:00
Sunday: 12:00 - 16:00
All mains services are connected.
Local Authority: Barrow-in-Furness Borough Council, Town Hall, Duke Street, Barrow-in-Furness LA14 2LD
01229 87654
Rateable Value as at 01 April 2023: £2,000
The business is subject to Small Business Relief
FREEHOLD £295,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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