Bar / Nightclub for sale

VILLAGE INN
Attractive and traditional inn recently extended and improved to provide an enhanced dining room and modern kitchen space. Existing bar, games room, one letting bedroom, two-bedroom owners accommodation and a garden area at the rear. Situated in delightful Eden Valley village between Penrith and Carlisle in east Cumbria.
For sale or to let.

LOCATION
Lazonby is a delightful village about 6 miles north of Penrith on the banks of the River Eden. It has a station on the Carlisle to Settle railway line as well as a primary school, variety of shops, outdoor swimming pool, cattle market, Bells of Lazonby bakery and two pubs. The Joiners Arms is situated on the north side of the village in a row of terraced houses, opposite the village school.

DESCRIPTION & ACCOMMODATION
The Joiners Arms is a mid-terrace public house and restaurant, built in local sandstone with white-washed rendered walls, pitched tiled roof and a small garden to the rear. The accommodation includes:

GROUND FLOOR

MAIN BAR
with bar servery, bench and loose seating for about 30, fireplace and timber panelling.

GAMES AREA
with pool table

DINING ROOM
with tables and chairs for 40 covers

GENTS & LADIES TOILETS

PANTRY

BEER CELLAR

KITCHEN AND KITCHEN STORE

FIRST FLOOR – OWNERS ACCOMMODATION

TWO BEDROOMS

LIVING ROOM

BATHROOM

Via a separate staircase
LETTING BEDROOM
Double with adjoining shower room.

OUTSIDE
A small seating area to the front and garden to the rear.

All references to areas and dimensions are deemed to be approximate.

RATES
Description in list: Public house and premises.
Rateable Value: £5,000.
Rate in the £ (09/10): 0.481
Council Tax: Band A.

The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.

SERVICES
We are advised that mains water, electricity and drainage are connected to the property and it has oil fired central heating. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

FIXTURES & FITTINGS
Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded. Stock will be valued separately and taken on completion.

TENURE
The property is offered for sale freehold or;

To let on a new full repairing and insuring lease for a term of 10 years at an initial rental of £25,000 per annum subject to 3 year reviews with an ingoing of £50,000 for goodwill and fixtures and fittings. The ingoing tenant will be expected to pay the landlord’s reasonable legal costs in connection with a lease.

‘You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk. ‘

THE BUSINESS
The Joiners Arms has enjoyed a renaissance under the current proprietorship and has recently been extended to provide a new dining room and additional kitchen space. Normal operating hours are evenings 6pm to 11.30pm (12.30 at weekends) and lunchtime 12 noon to 2pm at weekends. We are advised that takings before the recent dining room extension was completed were in the region of £3,300 per week net of VAT. Trading accounts will be made available to bona fide applicants, normally after viewing.

VAT & STAMP DUTY
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.

VIEWING
Strictly by appointment with the sole agents, PF&K Commercial.
Tel. 01768 862135.
Fax 01768 892101.
E-mail. commercial@pfandk.co.uk
Date 21/09/09
Reference C1546