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Derwent Walker, 19 Lake Road, Keswick, United Kingdom, CA12 5BS

£189,950

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • Turnkey cocktail bar & restaurant
  • Affluent central Keswick desired location
  • Turnover for YE Nov 2022 - £364,138
  • Gross Profit for YE Nov 2022 - £243,781
  • Restaurant with 36 covers
  • Outdoor seating. Licensed to 12:30am Fri/Sat. Energy Rating D
  • Christie & Co Ref: 5665000

Description

Description

A traditional two storey mid-terrace of brick elevations beneath a predominantly pitched tiled roof line.

The property offers spacious ground floor trading area as predominantly a drinks and welcome area with the 36 cover restaurant to the first floor and trade kitchen to the second floor.

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Location

This well fitted bar and restaurant is situated upon Lake Road, occupying a prominent trading position in the affluent and desirable central Keswick location. It is also surrounded by other complimentary commercial properties and businesses.

Internal Details

A bar and restaurant (44), large wooden bar servery with high stools, feature tiled flooring, free-standing tables & chairs, and a combination of tiled and exposed brick walling. The property offers full height double glazed windows, and paving seating, to the front elevation.

Ground Floor

Ground Floor - lounge bar and welcome area served by a wooden topped bar servery. A majority of feature tiled flooring with freestanding tables and chairs with tiled walls.

Other Floors

First Floor - 36 cover restaurant, with wooden floors and an eclectic mix of feature tiled walls and exposed brick, and ladies and gents WCs to the rear of the property.

Second Floor - Trade kitchen and storage area

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Ancillary Areas

Ground floor: Beer cellar and drinks storage area
First Floor: Ladies & gents W/C
Top Floor: Trade kitchen and additional storage areas

External Details

Pavement licence for pavement seating area which offers an additional 8 covers.

The Opportunity

Derwent Walker cocktail bar and restaurant, which is currently run under management is being offered in turnkey condition in order for the current operators to focus on ventures.

The business has traded as one of the areas most popular and vibrant cocktail bar & restaurant, rated 5 stars on Trip Advisor.

For further details on menus and offers, please see the business' dedicated website: Derwent Walker

Staff

The business is presently run under management with a compliment of both full and part-time staff.

Trading Information

YE Nov 2022 accounts show an annual turnover of £364,138.

Detailed trading information will be made available post viewing, via the agent.

Trading Hours

The current trading hours are Tuesday - Saturday 4pm - 10pm.

Tenure

The business has the benefit of a 20 year free of tie lease from 2008, subject to a passing rent of £35,000 + VAT per annum.

Business Rates

The Rateable Value is £16,750 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

Derwent Walker, 19 Lake Road, Keswick, United Kingdom, CA12 5BS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aspatria Station13.5 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Pubs & Restaurants

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 5665000-lh. 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 Christie & Co, Pubs & Restaurants. 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.

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