Sovereign Business Transfer is delighted to have this vacant fully equipped café bistro and restaurant for sale.
The property which dates back to 1800 was bought as a derelict pub in 2011 and 18 months later was transformed into an upmarket eatery which attracted tourists, Centre Parcs clients, and a local clientele from the surrounding area.
The Bridge is located in the small village of Kirkby Thore on the main A66 trunk route in the heart of the Eden Valley. The Lake District National Park and North Pennines are close by and the property is within easy reach of tourist attractions including Hadrian’s Wall and the Settle to Carlisle Railway.
The A66 provides links to Penrith to the north and North Yorkshire southbound, the M6 motorway is 9.5 miles west providing links to Carlisle, Scotland, and the North West of England.
This valuable vacant premises has its car park, the ground floor can host up to 80 covers and the first floor can host an additional 12. Themed nights were popular and the refurbishment is of the highest standard with a second commercial kitchen, pizza oven, and walk-in cooler on the first floor coupled with a fully fitted additional kitchen downstairs.
The first floor has a three-bedroom flat with a lounge, kitchen, and family-sized bathroom and shower, this unit has its first-floor entrance. This exceptional property has three-phase electricity and data caballing throughout the property.
The property is owned by a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company. The sale price quoted above is based on the assumption that on or before completion, the vendor will have withdrawn all cash from the company and paid off all bank debts and any money owed to the Inland Revenue.
Freehold: £500,000 to include all fixtures and fittings.
A leasehold option is also available at £60,000 with an inward investment with lease terms to be negotiated.
A viewing comes highly recommended to any entrepreneur looking to venture into the hospitality industry.
