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Established Village Pub/Restaurant With 6 Letting Rooms in Cumbria For Sale

Carlisle, Cumbria, UK
Asking Price:
£550,000
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

Cumbrian Village
Traditional country inn
Main bar/restaurant (68)
1 bedroom owners flat
6 en suite letting rooms
Net sales January 2024: £226,750
Freehold: £550,000
VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

Property Information

Property:

Freehold

Living Accommodation:

OWNERS ACCOMMODATION
Manager’s flat comprising LOUNGE, DOUBLE BEDROOM, KITCHEN and BATHROOM.

Location:

Armathwaite is a pleasant Cumbrian village which lies on the River Eden. The village is home to Armathwaite Castle, a four storey pele tower in a glorious position on the river, and Eden Gorge, one of Cumbria’s best kept secrets, situated between Lazonby and Armathwaite. The village is located on the splendid Carlisle to Settle railway and its surrounding woodland and countryside are popular with walkers. The village is 12 miles south-east of Carlisle and 12 north of Penrith.

Armathwaite lies off the A6 which links to the M6 motorway, providing access to Carlisle, Scotland and the north-west of England, whilst the A66 connects the village to the Lake District and The Yorkshire Dales.

The property, which dates back to circa 1850, is a two storey building which appears to be of brick construction with black and white painted elevations under a pitched slate roof.

Premises Details:

TRADE AREAS
Entrance vestibule into the MAIN BAR having upholstered bench and loose seating for 26, part tiled and stripped wood floors, interconnecting wood panelled bar servery, open brick fireplace with log burner, television screens and original sash windows.

RESTAURANT with table and bench seating for 42, interconnecting bar servery, exposed ceiling joists, tiled/stripped wood floor leading to carpeted area and interconnecting brick fireplace.

GENTLEMEN’S TOILETS, STOREROOM and rear yard access from main bar. RECEPTION DESK and LADIES’ TOILETS offset the restaurant area.

TRADE KITCHEN with Altro flooring, multiple wash and preparation areas, hood canopy and refrigeration units, in addition to a good selection of catering equipment and appliances.

On level CELLAR with BOTTLE STORE, KEG ROOM and rear yard access.

OWNERS ACCOMMODATION
Manager’s flat comprising LOUNGE, DOUBLE BEDROOM, KITCHEN and BATHROOM.

LETTING ACCOMMODATION
6 DOUBLE BEDROOMS all with EN SUITE BATHROOMS. The rooms are furnished and decorated to a very high standard with television screens and coffee and tea making facilities.

EXTERNAL
Trade garden with lawn and stone areas with pitched gazebo and picnic style benches for 160. COFFEE HUT on raised decked area with seating for approximately 30. This hut is of wood construction with wooden counter, wash area, shelving, wood flooring and fitted base units.

CAR PARK for 20 vehicles.