The Sun Inn, Market Street, Kirkby Lonsdale, LA6 2AU

£1,650,000

Size

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Tenure

Freehold

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Parking

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Primary use
Pub

Key features

  • Iconic 17th Century 5 Star Coaching Inn
  • 11 boutique en suite guest bedrooms
  • Lounge/public bar (30) Dining restaurant (42)
  • Net turnover £858,672 / GP 78%
  • Immaculate turnkey business honeypot location
  • Established management team in situ. Energy Rating C
  • Christie & Co Ref: 5646817

Description

Description

An imposing 2/3 storey 17th Century Grade II Listed former coaching inn of white wash rendered stone elevations.

Location

The Sun Inn is ideally located within the historic market town of Kirkby Lonsdale. The location is uniquely placed for access to both the Lake District and Yorkshire Dales, Forest of Bowland and picturesque Lunesdale valley. The National Parks of the Lake District and the Yorkshire Dales have been extended and now completely surround Kirkby Lonsdale, which incorporates Devil’s Bridge, a local beauty spot.

Kirkby Lonsdale is most easily accessible from the A65, some five miles south east of junction 36 of the M6 motorway.

Internal Details

Entrance porch reception, lounge and public bar (30), good sized wooden bar servery to one wall, two cast iron wood burning stoves set in stone fireplaces, beamed ceilings, archway through to formal dining restaurant (42 covers current configuration), free standing tables and chairs,
fixed leather seating, exposed stone and wooden panelled walls.

Ground Floor

Ancillary areas: comprehensively equipped trade kitchen and adjacent food preparation area, refrigerated storage room and cellar, customer toilets, separate disabled person’s toilet, boiler room and store.

Other Floors

Ancillary areas: two offices, staff shower room and toilet, and boiler room located on the first floor.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale. However any items that are owned by any third parties, or personal to our clients, will be exempt.

Property Improvements

During the course of their 10 years, the current owners have consistently reinvested in the business to maintain its excellent reputation to include;

• Five refurbished guest rooms in recent years with two more scheduled for this winter.

• Exterior renovation and replacement of a soak away drain, tanked the restaurant wall and tiled the floor.

• Bar and restaurant improvements to create a more relaxed dining environment.

• New digital infrastructure to improve connectivity and in room entertainment.

• New EPOS, website, PMS with further improvements being undertaken at the present time.

Letting Accommodation

There are 11 luxuriously appointed en suite letting bedrooms configured as four deluxe suites, two superior suites and five standard rooms.

The Opportunity

The business has been owned and operated by our client for the best part of 10 years, and is being offered for sale due to retirement.

For details on business trading style, tariffs, and menus, please see the business' dedicated website: The Sun Inn

Staff

The business is run by the present owner-occupiers with a full complement of front of house and kitchen staff including bar and kitchen managers, alongside the normal seasonal part-time staff.

Trading Information

Management accounts for the last 12 months show a net turnover of £858,672, producing a gross profit margin of 78%.

Tenure

Freehold. The business has two entities - The property is owned by the vendor's SSAS and the Business is held as a limited company.

Business Rates

The Rateable Value is £39,250 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

The Sun Inn, Market Street, Kirkby Lonsdale, LA6 2AU

NEAREST STATIONS

National Rail

Wennington Station

5.5 miles

About Christie & Co, Hotels

Christie & Co, Hotels

We are leading specialists in the hotel sector across the UK & Europe, providing expert brokerage, valuation and consultancy services.

With the largest hospitality team in the UK, we consistently sell more hotel businesses than any other agent. Our local knowledge, combined with our national coverage, ensures maximum exposure for your business.

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Disclaimer - Property reference 5646817-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.