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Lifeboat Inn & Harbour Restaurant, Senhouse Street, Maryport, Cumbria, CA15

£299,000

Business rates & charges may apply

Sidney Phillips Limited, North West
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments, sui_generis_1, sui_generis_2 and Sui Generis

A4, sui_generis_1, sui_generis_2, sui_generis_3

Key features

  • Cumbrian coastal village
  • Quayside public house
  • Main Bar (20), Restaurant (50)
  • Front and rear trade gardens
  • Over 1,000 covers per week
  • Net profits £180,000 Y/E March 2022
  • 3 bed house available in addition
  • REF: 93926

Description

Cumbrian coastal village
Quayside public house
Main Bar (20), Restaurant (50)
Front and rear trade gardens
Over 1,000 covers per week
Net profits £180,000 Y/E March 2022
3 bed house available in addition

The Lifeboat Inn & Harbour Restaurant is located in the Cumbrian coastal town of Maryport, one of the southernmost towns on the Solway Firth. The town was the creation of the Senhouse family in the 18th century who took a small fishing village and developed it into a coal port. Notable points of local interest are Maryport Maritime Museum, Senhouse Roman Museum and Lake District Coast Aquarium. In recent years the town has been subject to much investment and development.

Carlisle lies 26 miles north, Keswick 26 miles east and Workington 6 miles south. The town is located on the A596 and accessed from junction 36 of the M6 motorway via the A66, with the latter also providing easy access to the National Park. Maryport train station operates on the Cumbrian Coastline.

The property appears to be of brick construction over two storeys with black and white elevations under a slate roof. It sits in a prime position next to the Quayside.

The Lifeboat Inn & Harbour Restaurant has been operated by the vendors for over 20 years and is one of the most popular destinations in the Maryport area. Our clients advise the split on food and wet sales is 65% in favour of food. The business enjoys repeat trade from both locals and tourists due to the town's coastal setting and its proximity to the National Park and the Coast to Coast cycle route.

Our client advises that the business does over 1,000 covers per week with year ending March 2022 showing turnover producing £556,937 with net profits of £180,666. There is scope for increased sales with extensive marketing or, alternatively, the first floor trade area could be developed into letting accommodation for which there is much demand locally.

Lifeboat Inn & Harbour Restaurant, Senhouse Street, Maryport, Cumbria, CA15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maryport Station0.3 miles
  • Flimby Station1.9 miles
  • Workington Station5.3 miles

About Sidney Phillips Limited, North West

North West

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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Disclaimer - Property reference 93926. 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 Sidney Phillips Limited, North West. 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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