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CA8

Key features

  • Substantial Cumbrian pub
  • Beautiful Village Setting
  • Main bar (30), two section restaurant (60)
  • Five en suite letting rooms
  • Two bedroom owners accommodation
  • Planning permission - Use Class C3 (2 x Dwelling houses)
  • NEW, FREE OF TIE, LEASE ALSO AVAILABLE
  • SELLER REF: 134

Description

Hallbankgate is a quaint little village in the county of Cumbria 3 miles from Brampton, 12 miles from Carlisle . A former coal and lead mining village, limestone is quarried here and it once had a gasworks and a forge. Hadrians Walls , The North Pennine Fells, Tarn Country Park and RSPB Geltside are all within easy access as well Lakes District National Park.

The Village straddles the A689 Brampton to Alston road which links to the A69 Carlisle to Hexham and the M6 and A7 motorways.

The Belted Will is a 17th century pub named after Lord William Howard of Naworth castle. The pub was at one time a temperance hotel, and now serves real ales and provides accommodation. This demi detached property is of local stone construction under a pitched slate roof and is well appointed throughout with original features and exposed timbers.

PLANNING PERMISSION
Planning permission approved for change of use of public house to two Use Class 3 dwelling houses. Cumberland Council Application Number: 24/0465

FREEHOLD £395,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 
OR
LEASEHOLD: In region of £40,000
INVENTORY: Ingoing tenant to purchase the inventory as part of the premium
TERM: Five to seven years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord's consent
BOND: A bond equivalent to three months' rent in advance
RENT: IRO £26,000 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 be payable on the Premium and rental payments


No direct approach to be made to the business, with all communications directed through Sidney Phillips.

Viewing strictly by appointment only.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

CA8

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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.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,883
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 134R. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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