3 bedroom pub for sale

CUMBRIA

1 sq. ft. | £150,000

Property Description

Commercial information

  • Business for sale

Key features

  • Ideal coastal position, yet close to the Western Lake District.
  • Prominent position close to both the town centre and the harbour front.
  • Converted from a former bonded warehouse and retaining many interesting and original features.
  • Main Bar with wooden floors, feature range fireplace and seating for approximately 40 persons.
  • Owners three bedroomed accommodation.
  • Advised trading figures to June 2013 are expected to be circa 150,000 (incl. VAT).
  • An ideal opportunity to purchase a freehold business, easy to run and with obvious potential.

Full description

Tenure: Freehold

REF: 7172

THE LOCATION

Maryport is an attractive coastal town on the Solway Estuary, yet is only 8 miles from Cockermouth, gateway to the Western Lake District and 23 miles from Keswick at the head of Lake Windermere. The property itself is on the main street close to the main shopping area yet within 100 yards of the seafront. Maryport boasts a fine deep water harbour with a modern marina with the town itself dating back over 2,000 years to roman times. The town is home to the Wave, a revolutionary entertainment conference and heritage visits centre. The town is famous in the North West for its summer music festivals. The town is popular with tourists visiting the Lake District and wanting to see the historic maritime town.

THE PROPERTY

Built during the 19th Century, this 3 storey building was converted from a bonded warehouse and retains many interesting and original features.

There is one long Bar with a Central Bar Servery fully equipped for the provision of both cask and keg beers. There is a mixture of fixed perimeter and loose tables and chairs for approximately 40 persons. It benefits from a solid wood floor and features an original range fireplace. To the rear is a pool table popular with locals.

Ladies and Gents W.C.s

There is a Basement Cellar.


OWNERS ACCOMMODATION

Situated on the first and second floors with its own private entrance it has 3 double bedrooms, lounge/diner, kitchen and bathroom.

EXTERNAL

To the front is a small private parking area but plenty of free parking nearby. To the front are 4 benches seating 32 persons.

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:

Mon- Thurs 12noon to 10.30 pm
Fri Sat 12noon to 11.00 pm
Sun 12noon to 10.30 pm

Current opening hours are:
Mon - Thurs 1pm to 10.30 pm
Fri - Sat 1pm to 11.00 pm
Sun 1pm to 10.30 pm

NB. 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.

GENERAL REMARKS

The inn is offered for sale freehold although we have not had sight of the title deeds. We are advised that the business benefits from the provisions of all mains services and gas central heating (no services tested). Business rates are advised as being TBC.

THE BUSINESS

Our vendor clients purchased this business some 11 months ago whilst owning another public house directly opposite this one. They have found themselves unable to dedicate enough time to both businesses and so have decided to sell both properties and retire. They started trading some 10 months ago and refurbished the premises at that time. They have built a steady and loyal trade seeing business increase week on week. Working on an average of 10 months business, we are advised the trading figures to June 2013 are expected to be circa 150,000 inclusive VAT from a 100% wet trade. There is no reason why new and enthusiastic owners should not be able to match or even improve upon these figures.

Accounting information will be made available to interested parties after viewing.

The property 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 via Guy Simmonds on 01332 865112.

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.

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.


Nearest stations

  • Maryport (0.3 mi)
  • Flimby (1.9 mi)
  • Workington (5.3 mi)
Distances are straight line measurements from centre of postcode

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

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Street View

Nearest stations

  • Maryport (0.3 mi)
  • Flimby (1.9 mi)
  • Workington (5.3 mi)
Distances are straight line measurements from centre of postcode

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

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7172. 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.

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