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Rusland Pool Hotel & Bar, Haverthwaite, Newby Bridge, Cumbria, LA12 8AA

£1,250,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Pub for sale

Key features

  • Prominent roadside position
  • Turnover Y/E 31.10.23 c. £700,000
  • 18 en-suite guest bedrooms plus 2 bed flat
  • 2 bars & c. 100 covers dining space
  • Car Park (35), Beer Patio, Children’s Play Ar
  • Scope to develop - EPC Rating C
  • Christie & Co Ref: 6445161

Description

Description

Originally known as the Black Lion, this historic inn underwent a fascinating transformation over the years. In 1860, C.F. Dickson, owner of Black Beck Gunpowder Works, renamed it Dickson's Arms. During the 1940s and 1950s, it served as a transport cafe before a comprehensive refurbishment in the 1990s. The final touch was renaming it Rusland Pool Hotel, paying homage to the nearby river.

Set in circa 1.227 acres of land, the property is popular with locals and tourists alike and offers traditional food in the restaurant and warm welcome next to a roaring fire in the bar area.

The Rusland Pool Hotel boasts 18 comfortable bedrooms offering double, twin or family rooms.

The business website is:

Location

Located just off the A590 between Haverthwaite railway and Greenodd, close to Newby Bridge and Ulverston. The property occupies a prominent position close to the busy A590 road, linking the M6 to the Southern end of Lake Windermere. It is close to the village of Greenodd and offers good access to the Lake District region, one of the most sought after and visited locations in the UK.

It's namesake river, the Rusland Pool, slices its way through the woodlands of the Rusland valley and out past the Hotel concluding its journey into the Morecambe Bay estuary, which is the largest expanse of mud and sand plains in the United Kingdom.

Internal Details

A detached property extending to two storeys under pitched roofs with colour washed elevations and single storey extensions to the side and rear.

Internally, on the ground floor there is a small reception which offers access to the restaurant and bar areas. The space can be utilised well in quieter months and can be closed off for functions and private dining.

Ancillary areas include: customer toilets, prep areas, upland beer store, storage and commercial grade catering kitchen equipped with a range of stainless-steel fittings.

Fixtures & Fittings

Fixtures and fittings are included with the exception of items that are personal to our client.

Letting Accommodation

The letting accommodation comprises of 18 en suite bedrooms with a selection of double, twin, family, executive and suites.

External Details

The hotel is set within circa two acres and has easy access from the main road with car parking for around 35 vehicles. It also includes an electric charging point.

There is an outside seating area overlooking a paddock. The site extends to circa 1.227 acres.

Owner's Accommodation

There is a two bedroom owners flat on site.

The Opportunity

The Rusland Pool offers an excellent opportunity to acquire a historic and well known hotel and coaching inn in a prominent location with easy access from M6 and central lakes.

The business is long established and offers excellent scope to develop trade and potentially extend the building subject to gaining the relevant planning permissions. There is scope to utilise the land in better way such as using the higher ground for camping pods, as well as putting the paddock to better use.

There is also an option to increase room capacity by extending the building.

Our client is not hands on in the business and are retiring from the business to pursue new opportunities.

Trading Information

Year ending 2023 (10 months) turnover of £643,000.
Year ending 2022 turnover of £533,000.

Full trading accounts can be made available to seriously interested parties.

Business Rates

The Rateable Value is £32,750 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the Local Authority.

Energy Performance Certificates

EPC 1

Brochures

Rusland Pool Hotel & Bar, Haverthwaite, Newby Bridge, Cumbria, LA12 8AA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ulverston Station4.8 miles
  • Cark-in-Cartmel Station5.5 miles
  • Grange-over-Sands Station6.4 miles

About Christie & Co, Hotels

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

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 discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 6445161-fh. 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, Hotels. 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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