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(REF: 2692)  Village Public House in Penruddock Cumbria
 
Seller Reference: 2692
B4S Reference: 29673
Asking Price: £109,950
Net Profit:
Sales Revenue: £276,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Penruddock, Cumbria, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this village public house, which was established in 1890 and which has been in our client's careful hands since 2006. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days week and generates a turnover in the region of £276,000 per annum, derived from real ales, fine wines, spirits, full restaurant services and the letting of 5 guest bedrooms. The pub has a darts team and a dominoes team. We feel the turnover could be further increased by embarking on a modest marketing campaign. The business has an enviable reputation and enjoys much repeat trade. The pub was awarded with 5 star food hygiene rating and is recommended by numerous guide books. There is a website in place, advertising services and accommodation provided, with online booking facilities. The premises have been well-maintained and finished to a high standard throughout. There is also 2-bedroom owners' accommodation. This is an ideal opportunity to acquire an already busy public house with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Original length: 10 years
Remaining: 3 years
Review: every 10 years
 
  Current Rent: Rent: £34,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 19th century 2-storey public house premises with 5-letting rooms and 2-bedroom owners' accommodation. Briefly comprising:

Lower Ground Floor
• Cellar fitted to suit the trade

Ground Floor
• Bar area with 8 points of dispense, 16 x optic displays, double fronted drinks chiller and tables and chairs for up to 40
• Service area with dishwasher, ice machine, card machine, telephone, electronic cash register, carvery workstation and wine chiller
• Restaurant area with tables and chairs for up to 38 covers
• Commercial kitchen with 8-burner hob and double oven, 3 x fryers, refrigerator, dishwasher, freezer, freezer, dairy refrigerator, chest freezer and triple refrigerator
• Storeroom with fridge/freezer and chest freezer
• Ladies and gents WCs with wash hand basins

Upper Ground Floor
• Restaurant area with tables and chairs for up to 22 covers

First Floor
• 2 x double bedrooms with en-suite facilities
• 2 x twin bedrooms with en-suite facilities
• Single bedroom with en-suite facilities
• Boiler room
• Owners' accommodation with 2 x double bedrooms, office/lounge and bathroom

External
• Forecourt parking for up to 8 vehicles
• Rear patio area
 
  Location: Herdwick Inn occupies substantial detached premises, built in the 18th century, and set in the quiet Cumbrian village of Penruddock. The business boasts a prominent trading position on the main road in the heart of the village. The premises benefit from ample on-street and private parking and are surrounded by picturesque countryside. The business draws much trade from the local community and enjoys much passing trade from the busy A66. Penruddock is ideally located between Penrith and Keswick and is a popular tourist destination. The business boasts easy access to the A-road network and the M6 is 5 miles away. Penrith is approximately 6 miles away, while Windermere lies 21 miles to the south.
  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 - Fri: 12:00pm to 2:30pm and 5:30pm to 12:30am
Sat: 12:00pm to 12:30am
Sun: 12:00pm to 11:00pm





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