Nr Newby Bridge, Lake Disitrict, Cumbria, LA12

LOCATION
Located in the Lake District, which is probably one of the most sought after, visited and stunning locations in the UK. The property occupies a prominent position by the side of 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 lakes region.

DESCRIPTION
A detached property extending to two storeys under pitched roofs with color washed elevations and single storey xtensions to the side and rear. There is parking for approximately 35 cars.

The business is long established and offers excellent scope to develop trade and potentially extend the building subject to gaining the relevant planning permissions. Our client is not hands on in the business and there is clearly scope to push trade much harder and manage costs more closely with a more hands on and focused management team in place.

ACCOMODATION
Internally, on the ground floor there is a small reception which offers access to the restaurant and bar areas. Food is served throughout these spaces with up 100 covers on offer. This enables them to close of certain areas during the quieter months and also offer separate spaces for functions and private dining.

Ancillary accommodation at this level includes two sets of ladies and gentlemen’s customer toilets, prep areas, upland beer store, storage and catering kitchen equipped with a range of stainless-steel fittings.

The hotel offers 18 en-suite rooms with the majority of which are located on the first floor. This includes 3 family rooms and 12 twin/doubles. There is also two-bedroom managers/owners flat comprising lounge, kitchen and bathroom. Additionally there are 3 ground floor double/twin en suite rooms all with separate externally access to the side We are advised the total useable internal space is 964 square meters.

TENURE
We understand that the property is freehold.

BUSINESS RATES
The rateable value of the premises as at 1 April 2023 is £32,750 and the estimated rates payable for the current year is £16,342. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local
Authority.

EPC Rating
The property is assessed with an energy rating of Band D

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.

MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser will be required to provide two forms of identification and proof of the source of income.

VIEWING
For general enquiries and viewing arrangements please contact sole selling agents: