| (REF: S4781F) Beautiful 18th Century Coaching Inn |
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| Seller Reference: |
S4781F |
| B4S Reference: |
25486 |
| Asking Price: |
£540,000
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Kirkby Lonsdale, Cumbria, United Kingdom |
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THE BUSINESS
Our clients have owned the business for 8 years and have maintained the property to a very high standard attracting a regular nice quality customer base with a high degree of repeat business. Sales over the period 2007 to 2010 show an average of £439,739 inc vat. With a split of 81% Wet-Dry to 19% Guest Lettings with a resulting 64% GP. However due to personal reasons sales have slowed to circa £374,592 inc vat. Y/E 2008 saw a NET PROFIT of above £100,000 after personal expenses and adjustments. There is no reason that the historic profit levels can’t be restored with a new re-focused energetic owner. We believe that a substantial loan could be available for this property and business especially with experienced hands at the helm. Extra sales revenue could be achieved with opening hours that are currently not used.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
OWNERS ACCOMMODATION
The new owners could create their own accommodation within the letting rooms and due to the layout, staircases and landings this would be easily achievable.
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Location: |
LOCATION (LA6 2RX)
www.pheasantinn.co.uk
Located midway between the Capital City of England London and the Scottish capital of Edinburgh, Casterton is just 5 miles from junction 36 of the M6 and just a mile of the A65 Kendall to Leeds Road making this an ideal location for a relaxed “stop off”. The Pheasant Inn is in the heart of the village close to the church that was commissioned in 1833. Casterton also boasts a private girls school that attracts pupils from all over the world, 1 mile from the market town of Kirby Lonsdale in the Lune Valley, which has a superb 18 hole golf course. Surrounded by some of the most beautiful countryside in England, the Pheasant is popular with walkers, hikers, cyclists and tourists alike. An ideal base from which to tour the wilds of the Yorkshire Dales, the Glories of The Lake District and ancient woodlands of The Forest of Bowland. The village is twinned with Casterton, in the province of Victoria, Australia and attracts many visitors from the Southern Hemisphere along with the USA, Japan and domestic tourists who have traditionally favoured the locale as a place of natural beauty
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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