Furness Peninsula - Food-led Public House

Lindal-in-Furness is located on the Furness Peninsula in the county of Cumbria, 8 miles northeast of Barrow-in-Furness and 3 miles southwest of Ulverston. The village is within easy reach of the Lake District National Park, South Lakeland Safari Zoo and Furness Abbey. The area has many beaches including Roanhead, Sandy Gap and Walney Island, and the National Trust's Sandscale Haws National Nature Reserve and many holiday parks are close proximity. The property lies just off the A590 which links to Barrow in the south and the National Park, West Cumbria and the M6 northbound.

The Railway Inn is a charming and characterful property of local stone construction over two storeys with a pitched slate roof.

The Railway trades as a public house/restaurant which is popular with residents of both the village and the surrounding areas. Our clients have owned the business for 16 years and they currently only operate the pub as a lifestyle business (20 hours per week) which offers potential for increased trade.

FREEHOLD £295,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

Alternativley available:-

LEASEHOLD £20,000 to include goodwill, fixtures and fittings. Stock at valuation in addition
TERM - 5 years
LANDLORD & TENANT ACT 1954 - Outside Part II Landlord & Tenant Act 1954
ASSIGNABILITY- Non assignable
BOND - A bond equivalent to three months' rent in advance
RENT- £20,800 per annum, paid monthly in advance
RENT REVIEW- Subject to rent reviews every third year of the term
REPAIR LIABILITY- Full repairing and insuring lease agreement
TIE- Free of all trade ties
INSURANCE- The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT -VAT will not be payable on the Premium and rental payments

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.