Leasehold Public House Restaurant For Sale

Business description

Bag a Business Ltd is delighted to offer for sale one of Cumbria's most popular pub/restaurants. The stone built, period property underwent a complete refurbishment in 2005 and now offers a spacious bar and separate restaurant area on the ground floor. This area has high quality, solid wood tables and chairs with seating for approximately 80 covers, a timber bar servery, panelled walls and an attractive stone and tiled floor. Food is available from 12.00pm - 2.30pm and from 6.00pm - 9.00pm daily. The business attracts a varied clientele, including locals, visitors and those who moor their boats in the harbour. Currently the business generates a turnover in the region of £8,000, which is derived from a 50/50 wet/dry split. The recent Maritime Festival attracted a record number of visitors, with the business achieving in excess of £25,000 over a three day period. The business is further enhanced by spacious, 3 bedroom owners' accommodation, which is arranged over the first and second floors. Early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 20 years
Remaining length: 16« years
Review: Every 5 years
Rent: £692 per week

Living accommodation:

Period, 3 storey, stonebuilt property with small patio to the rear, benefiting from CCTV throughout. GROUND FLOOR Open plan bar/restaurant area overlooking the harbour Stone/tiled floor Bar with several chillers and 16 points of dispense Ladies and gents W/Cs Catering kitchen with stainless steel worksurfaces, 6 burner stove, several deep fat fryers, grills, 3 microwave ovens, dishwasher, fridges and freezers CELLAR Bottle store area with two chest freezers Real ale storage area Section for draught beers with racking FIRST FLOOR Lounge with 3 large windows Office/3rd bedroom Large kitchen area SECOND FLOOR Master bedroom with original fireplace Large bedroom Large bathroom

Location:

The Waterfront public house and restaurant occupies one of Whitehaven's most enviable harbour locations. The harbour area has undergone massive regeneration and as a result the number of visitors to the area is continually rising. The area will incorporate several multi-million pound residential developments, as well as improved areas for new offices and shops. Whitehaven is a historic Georgian town situated on the West Coast of Cumbria. The area is accessed via the A595 and A66 trunk roads, which connect to the M6 motorway. The Lake District National Park is only a few miles away, with nearby Workington only 6 miles to the north.

Other information

Trading hours:

7 days a week