SUPERBLY APPOINTED HIGHLY PROFITABLE INN

PriceTenureReferenceLocationPosting date
£275,000.00 Leasehold 7957L Cumbria 14-01-2019
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  • Attractive location within the picturesque village of Oxenholme, close to Kendal and the Lake District National Park.
  • Well-presented Bar/Lounge areas (circa 100) carpeted throughout with feature stone fireplaces.
  • 5 En-Suite Letting Rooms.
  • Potential to add 2 additional letting rooms (STPP).
  • Attractive Beer Garden (circa 100) with impressive range of children’s play equipment.
  • Potential to introduce caravan/camping facilities (STPP).
  • Owners flat with 3 Double Bedrooms.
  • Advised turnover y/e June 2017 in excess of £850,000 (incl. VAT), declaring in excess of £470,000 gross profits, culminating in substantial recon net profit.
  • Trade split approx. 43% wet / 46% Food / 11% Accom.
  • Partially tied Lease Agreement with the option of becoming ‘Free of Tie’ subject to negotiation of terms.
 
A TRULY SUPERB PROFITABLE BUSINESS IN A SOUGHT AFTER LOCATION

ASKING PRICE £275,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

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