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Commercial Property for sale

CUMBRIA, KENDAL REF: 6814 FREEHOLD

£925,000

Property Description

Commercial information

  • Business for sale

Key features

  • Excellent trading position at the heart of this tourist hotspot.
  • Large premises with one part in use as bar for 25 years and new Brewhouse opened December 2011.
  • Split level with 3 seating areas for a total of 85 persons.
  • First floor Roof Terrace with outside seating for up to 30 persons.
  • Recently opened purpose built Brewhouse with glass front visible to customers.
  • Brewhouse Bar and Dining area with Snug area seating 55 and 10 respectively.
  • Catering Kitchen to bar with another room prepared for a satellite Kitchen to Brewhouse.
  • Advised t/o y/e 2011 circa £300,000 (incl. VAT) - 100% wet sales.
  • 2 floors of currently unused rooms available for conversion (subject to PP).

Full description

Tenure: Freehold

AN IDEAL OPPORTUNITY TO ACQUIRE A LARGE PROPERTY BOTH IN SIZE AND POTENTIAL AND TO CREATE A BUSINESS CAPABLE OF HUGE FINANCIAL REWARDS

THE LOCATION
Situated in the heart of Kendal regarded as the Southern Gateway to the Lake District National Park. Kendal boasts a population of some 28,000 residents but this swells throughout the year with visitors to the area. Situated only 6 miles from Jct. 36 of the M62 motorway and only 9 miles from Windermere Kendal is well placed to cater for everyone’s holiday needs. The town has a fine selection of shopping arcades, quality hotels and many historical buildings including 2 castles, 2 museums and other buildings and bridges. The main London to Glasgow railway line stops at Oxenholme 2 miles outside Kendal where passengers can transfer to the Kendal to Windermere service. Kendal was the largest town in what was Westmorland and is still the busiest offering a thriving town centre with good parking facilities. This business is ideally positioned to take advantage of the busy passing trade having both front and rear entrances.

THE PROPERTY
Situated over 3 floors to the front and 4 floors to the rear the property forms part of a large terrace, which was built in the 19th century and up until recently were 3 separate buildings.

The property was opened in 1986 and consists of one Bar Servery fully equipped for both cask and keg beers. To the front is the Main Bar area, traditionally furnished with seating for 18 persons, there are steps to a raised seating area providing seating for a further 45 persons. There is a lower floor area to the rear with tables and seating for
a further 22 persons. On the 1st floor Ladies and Gents WCs, a catering kitchen and a one bedroomed
self contained flat. The top floor has planning permission for a further two bedrooms and bathroom.

Next door and connected at lower ground floor level is the Brewhouse developed during 2011 and opened in December 2011. It consists of The Brewhouse on the ground floor with a Central Bar servery. To the rear of this and with glass walls to the front and side is the state of the art Brewhouse. Superbly built and equipped in stainless steel it really is a showstopper’. This innovative design is totally visible for customers to see and enjoy every stage of the brewing process. The bar area is furnished in a modern contemporary style totally different to the bar next door. It is comfortably furnished to provide 55 covers with a large standing area to the bar. There is a small snug area with a real fire and seating a further 10 persons. There is a storage room and another room prepared for a Satellite Kitchen. On the ground floor to the front is a Barbers Shop, currently let and producing an income of £416 per month (under review). To the rear are newly built Ladies and Gents WC’s for the Brewhouse. On the 1st floor is what used to be a private members club. This is not currently used and could be used for a variety of purposes. To the 2nd floor are 4 large rooms which again are unused but could be converted to provide letting accommodation.

OWNERS ACCOMMODATION
Currently there is a one bedroomed flat with lounge, kitchen and bathroom above the property. There are many unused rooms and throughout both building which could easily be used/converted for domestic or letting use.

EXTERNAL
Situated on the roof above the Brewhouse and with entry from the bar, is a purpose built terrace/patio area with seating for approximately 30 persons, which is extremely popular whenever the weather permits. There is no parking but to the rear is a large public car park with others close by.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday – Sunday 24 hrs opening

Current opening hours are:

Monday Closed
Tues and Wed 6.30pm – 12mn
Thursday 11am -- 12mn
Fri and Sat 11am - 1am
Sunday 7pm - 12 mn

There is obviously a fantastic opportunity for new owners to increase these hours and therefore greatly increase turnover.

Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1 day APLH Course every month. Please telephone us to reserve your place or book on-line at www.guysimmonds.co.uk

GENERAL REMARKS
The business is offered for sale freehold (although we have not had sight of the title deeds). We are advised that the property benefits from mains electric, water, gas and sewerage.
Business rates payable to be advised.

THE BUSINESS
Our clients acquired the business some 25 years ago and opened as a wine led operation. However the vendors also maintained a beer selection which has since proved extremely popular becoming renowned for their cask ale selection and has featured in the Good Beer Guide every year since 1992. The vendors have continually improved and developed the business into the solid trading model now in place. Trading on limited hours and with wet trade only figures to y/e 2011 showed advised sales of circa £300,000 (incl.VAT). Over recent years they obtained the freehold of the next door property part of which they have developed into the purpose built Brewhouse. This state of art machinery is openly visible to customers and provides a unique feature to the business. The concept is to provide real ale for the business but also to allow both individual and commerce to use the facilities. There are also two floors of space which could be utilised for domestic or commercial purposes subject to obtaining the necessary consent. This business should appeal to the private buyer wishing to take advantage of the unique opportunity to develop a conceptional trading idea or the business market obtaining a unique property to develop into their existing business style.

Accounting information will be made available to interested parties after viewing (no trading figures available as yet for the Brewhouse).

This business was viewed by Jim Davison who would be delighted to discuss further details and can be contacted on 07711 122808

Viewing appointments must be made by contacting Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.


TRAINING: For a brochure and dates of our award-winning training courses leading to the relevant B.I.I, qualifications (and APLH). Telephone (01332) 865112 or view on www.guysimmonds.co.uk Courses are monthly.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.


To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

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Disclaimer

Property reference 6814. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds, National Licensed Property Agents. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.