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(REF: 2609)  Traditional Public House on Cumbrian Coast
 
Seller Reference: 2609
B4S Reference: 29063
Asking Price: £325,000
Net Profit:
Sales Revenue: £145,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Wigton, Cumbria, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this traditional public house, which was established in 1900 and which has been in our clients' careful hands since 2007. The pub is only now offered to the market due to our clients' other business interests. The business trades all year round and generates a turnover in the region of £145,000 per annum with a gross profit of 51% derived from bar sales, restaurant services and 4-star rated 2-bedroom letting accommodation. The pub has a wet/dry split of 37/63 and is free of tie. We feel the turnover could be increased by extending the range of general convenience lines, which have been recentley introduced due to there currently being no competition in the village. There is also the opportunity to extend the menu and embark on a modest marketing campaign. The business has an excellent reputation and receives much repeat trade. The premises boast 1-bedroom owners' accommodation with lounge and kitchen. This is an ideal opportunity to acquire an already busy public house with 4-star rated letting accommodation and scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 2-storey public house premises with 2-bedroom letting accommodation. Briefly comprising:

Ground Floor
• Spacious bar area with 8 points of dispense, 9 x optics displays, 2 x double door drink chillers, music system and electronic cash register
• Restaurant area with tables and chairs for up to 42 covers
• Games room with wood burner, large fire, tables and chairs, pool table, large flat screen TV and dartboard
• Ladies and gents WCs with wash hand basins
• Laundry room
• Commercial kitchen with 2 x large refrigerators, large freezer, double sink unit, 2 x microwave ovens, 6 x hot plate serving units, 6-burner gas hob and double oven, double fryer and large griddle
• Store room with large refrigerator, small refrigerator, large freezer, small freezer, medium freezer, large chest freezer and 2 x large storage racks with 4 shelves

First Floor
• Room 1: family bedroom with 4 x single beds, TV, tea and coffee making facilities and en-suite shower, WC and wash hand basin
• Room 2: twin bedroom with flat screen TV, tea and coffee making facilities and en-suite shower, WC and wash hand basin
• Kitchen/office with 4-burner gas hob and oven, sink unit and computer equipment
• Lounge with feature fireplace

Second Floor
• Owners' double bedroom with en-suite bathroom

External
• Wooden tables and chairs
• Storage sheds
• Courtyard to rear
• Private parking to front
 
  Location: Hope and Anchor occupies substantial 2-storey premises, ideally located in the heart of the fishing village of Port Carlisle, Cumbria. The premises benefit from ample on-street parking and are surrounded by numerous residential properties. The business is close to the local amenities and there is a bus stop located close by. Port Carlisle is a rural village, which was originally named Fishers Cross and boasts picturesque views over Solway Firth. Bowness-on-Solway lies 1 mile to the west and Carlisle lies less than 12 miles away. The Roman fortification, Hadrians Wall, lies close by on the edge of the Solway Firth and finishes at Wallsend on the River Tyne some 73 miles east. The area is popular with walkers and cyclists who follow Hadrian's Wall Path which opened in 2003.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon: 6:00pm to 11:00pm
Tues: 5:00pm to 11:00pm
Wed - Fri: 12:00pm to 2:00pm and 5:00pm to 11:00pm
Sat: 11:00am to 12:00am
Sun: 12:00pm to 11:00pm
  Energy Performance Certificate   





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