Wet-led community pub for sale in Dearham, Cumbria with two trade areas and owner's flat.
Dearham, Cumbria
- Status
FOR SALE
- Advert ID
638391
- Reference
96039 / Rightbiz
- Call Agent:
- Leasehold: £10,000 (Stock at valuation)
- Rent: £20,000 (£1,667 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Prime Location
- Central Position in Affluent Village
- Free of Tie Leasehold
- Close to Local Amenities
Business Details
CUMBRIA WET LED COMMUNITY PUBLIC HOUSE
West Cumbrian village of Dearham
Two-section trade area (48)
Recently refurbished
Two bedroom owners’ accommodation
Well appointed trade garden
New free of tie lease
SELLER REF 96039
Dearham is a village in the county of Cumbria, approximately two miles east of Maryport and five miles west of Cockermouth. The village is a short distance from the historic city of Carlisle, Hadrian's Wall, Lake District National Park and Solway Firth Area of Outstanding National Beauty.
At the time of the 2021 census, the village had a population of 2,151. It saw a ‘spike’ in population over the course of the 19th century, partly due to Dearham’s role in Cumberland’s coal mining industry. More recently, the village has become a desirable residential area and many new housing developments are being built in the vicinity. Dearham is situated on the A594 which links the Lakes and the M6 via the A66 westbound. Carlisle lies to the north and Whitehaven to the south via the A596.
The property is of stone construction over three storeys with a grey painted exterior. It holds a prominent corner position on the main road to Maryport.
The Commercial Inn has previously been let on a private lease agreement and therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusions as to the potential trade and profitability which can be enjoyed at this outlet.
The Commercial Inn operates as a wet-led community pub with strong repeat trade and is the hub of the local community. This is an exciting opportunity for a single or multiple operator to take on this established public house which has been in receipt of much investment in recent years. There is the potential to increase trade by extending the current opening hours/days and by letting the first floor owners’ accommodation (subject to the relevant permissions).
All mains services are connected.
Rateable Value: £2,000 (subject to Small Business Rate Relief).
Local Authority: Cumberland Council
LEASEHOLD £10,000 to include 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.
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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.
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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