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Exceptional Seafront Public House/Hotel - Cumbria For Sale

Maryport, Cumbria
Asking Price:
£599,950
Turnover:
£145,373
Net Profit:
Available on request

EXCEPTIONAL SEAFRONT PUBLIC HOUSE/HOTEL - CUMBRIA
Situated in the beautiful village of Allonby, Maryport
The seventh best place to live in the UK by the sea
Early viewing essential to fully appreciate
2 bedroom owners' accommodation
Advised annual turnover of £145,373
Scope for further development
Genuine reason for sale
8 letting rooms
FREEHOLD
Business History

We are delighted to offer for sale this superb public house & hotel which has been established since the 1800's and has been in the careful hands of our clients since 2001. Our clients are reluctantly offering the business to the market due to their desire to take a well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £145,373 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks, as well as offering welcoming bed & breakfast services along with a popular hot & cold food menu. The business trades completely free of any brewery tie which is a rarity and as such profit margins are above industry standards. This is a superb opportunity to purchase a an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this nature rarely stay on the market for long.

Property information

Property:

Freehold

Location:

This outstanding public house & hotel is located in a prominent position facing the seafront on the main road that runs through the village of Allonby in Cumbria. It is widely regarded as a popular and beautiful residential area, situated on the edge of the Lake District National Park and situated on the stunning Cumbrian coast the village lies within close proximity of the larger towns of Maryport, Cockermouth & Silloth. It is also close to the very popular Maryport & Silloth golf clubs. Allonby is reached easily via the A596 and is approximately 40 minutes drive from the M6 motorway which provides access to the UK's wider motorway network.

Premises Details:

Grade II listed character property, briefly comprising:

Secure entrance leading to an array of rooms situated over 4 floors
Open plan bar with fitted bar servery
Ample dining tables and chairs
Second bar with ample seating
Gaming area
Toilet facilities
Access to cellar
Large open dining room
Large residents lounge
Fully fitted commercial kitchen
8x letting bedrooms of various sizes
Un-used rooms with potential to convert into a further 4 letting rooms
Owners' Accommodation
Large lounge
2x double bedrooms
Bathroom

EXTERNAL
Outside seating areas
Picturesque views adjacent to the beach
Parking spaces

Coach house to the rear of the building , with driveway access down the side of the building. Approximatley 35 sqft. Currently rented out as storage space.

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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