CUMBRIA WELL APPOINTED PUBLIC HOUSE & 2 SELF CONTAINED APARTMENTS IN QUIET RURAL AREA

Village pub and restaurant near Wigton
Beautifully appointed trade area (50)
Trade kitchen
Three bedroom holiday apartment
2 two bedroom investment apartments
Offers potential for increased trade
SELLER REF 91273

Ye Olde Greyhound Inn is located in Bromfield which is a village and civil parish in the Allerdale district of Cumbria, in the north of England. The village is located about 5 miles west of Wigton and 4 miles north-east of Aspatria. The Grade I listed Church of St Mungo, which is next door to Ye Olde Greyhound, dates from the 12th century and appears on the National Heritage List for England. To the north of the village is the medieval St Mungo's Well. The Lake District National Park, with its stunning scenery (including glacial ribbon lakes and mountains), walking routes and historic literary associations sits 12 miles south of Bromfield. The town of Carlisle is situated 17 miles north-east and The Yorkshire Dales and the North Pennines are both within a 60-mile radius.

The village is accessed from Scotland and the South via the M6 and the A596. The A66 offers connections to Lake District towns such as Cockermouth, Bassenthwaite and Keswick. The nearest railway station is Wigton (6 miles distant), with train services running on the Cumbrian Coast Line between Carlisle and Barrow-in-Furness via Whitehaven.

Ye Olde Greyhound Inn dates from the early part of the 19th century and is a cottage style property offering rustic charm, original features and a cozy and welcoming environment. The property holds an end terrace position and is set over two storeys. It is of brick construction under a pitched slate roof. The apartments, housed in a former barn, have been stylishly renovated to provide 2 two-bedroom apartments over two storeys with car park and private external spaces. The properties comprise:

Trade Areas
From the wheelchair accessible PORCH is an open plan TRADE AREA with a wood panelled, L-shaped bar and a feature brick fire surround with log burner which creates a cosy ambience in the winter months. The room, which has recently been refurbished, also features tiled and carpeted floors, original stonework to walls and wood beams to the ceiling and the centre of the room. There is loose and fixed seating for 50 and modern décor and furnishings. The LADIES’ and GENTLEMEN’S TOILETS are located in the corridor beyond the main trade area. The TRADE KITCHEN offers a good selection of catering equipment including refrigeration units, cooker, fryers and prep and wash areas, and benefits from Altro nonslip flooring.

Holiday Apartment
To the first floor is a stunning holiday apartment which comprises: LOUNGE/KITCHEN AREA with fitted kitchen, DINING AREA with laminate floors, brick fire surround with log burner and wood beams to the ceiling. There are TWO DOUBLE BEDROOMS and ONE SINGLE BEDROOM, a spacious BATHROOM with bath and shower cubicle, a UTILITY AREA and a spacious HALLWAY with ample storage. The apartment is decorated and furnished to a very high standard.

Residential Apartments
A barn conversion houses two spacious and well-presented apartments.

'The Stables'
A ground floor apartment comprising open plan LOUNGE and KITCHEN, DOUBLE BEDROOM, SINGLE BEDROOM and BATHROOM. Additionally, the property benefits from an external private COURTYARD to the front of the building.

'The Barn'
A first floor apartment accessed via an external staircase leading to a decked terrace offering stunning country views. This property benefits from an open plan LOUNGE/KITCHEN, a BATHROOM and two DOUBLE BEDROOMS.

External
There is a gravel CAR PARK with four parking spaces for tenants and eight additional spaces for patrons of the public house.

Our clients have owned the business for approximately 30 years and have decided to sell due to semi retirement and their wish to focus on other business interests. Ye Olde Greyhound Inn has an excellent reputation with residents of the surrounding area and is popular with tourists during the spring/summer months. The business offers huge potential; our clients currently operate it as a 'lifestyle business' which leaves scope for increased trading hours. In our opinion, this is an exciting opportunity for a chef or family team seeking a good work/life balance. The first floor apartment is currently marketed on Airbnb for approximately £100 per night. Trading information can be provided upon request.

The two residential apartments are an investment opportunity. They currently let for £650pcm each, generating an annual income of £15,600 and a yield of 5.57%, which falls in line with local trends. Both tenants are on one-year ASTs with The Stables’ commencing April 2025 and The Barn’s commencing June 2025.

A Premises License is held.

Current opening hours
Friday to Sunday: 18:00 - 20:30.

Mains electricity, water and drainage services are connected. LPG for kitchen.
Rateable Value: £5,750 from 1st April 2026.
Local Authority: Cumberland Council.

FREEHOLD £595,000 to include fixtures, fittings and goodwill. 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.