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Popular Village Inn On Edge Of Lake District In Penrith For Lease

Penrith, Cumbria, UK
Freehold Price:
£435,000
Leasehold:
£50,000
Turnover:
£347,000
Net Profit:
Available on request

• Popular food destination pub with separate shop and post office.
• Outside seating areas, garden, parking and 2-bedroom owner’s accommodation.
• Open plan bar and dining area.
• Takings £347,000 net in 9 months to 31/12/2023.
• Attractive village, NR Penrith and gateway to the Lake District.
• Available freehold or on a lease at a rent of £30,000 pa and ingoing of £50,000.

Overview:

A popular and thriving village pub and food destination inn, situated in an attractive village on the edge of the Lake District National Park. The business has been owned and run by the current proprietors since 2009 as a family business with an excellent reputation for traditional fare.

Opening hours are Monday to Friday 12-3pm and 6-11.30pm and Saturday to Sunday 12 noon to 12 midnight. Turnover for the 9 months to 31 December 2023 was £347,000 net of VAT, with a split about 55% food and 45% wet.

The pub also has an adjoining shop and post office producing additional income of about £15,000 a year which is included in a freehold sale and could be available separately to an incoming tenant.

Anyone operating the post office counter would need to apply to the Post Office for the subpostmaster position. Our clients are seeking to retire from the business. Full accounts will be made available to bona fide applicants, normally after viewing.

Property Information

Property:

Available as freehold and leasehold

Energy Performance Rating:
E

Other Information

Leasehold asking price:
£50,000