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COMMERCIAL

Great Salkeld, Penrith, CA11

£2,833 pcm
£34,000 pa
Edwin Thompson, Keswick

Letting details

Let available date:
Now
Furnish type:
Furnished or unfurnished, landlord is flexible
PROPERTY TYPE

Pub

SIZE

Ask agent

Description

KEY FEATURES

• Detached village inn in the Eden Valley

• 5 en-suite letting rooms plus manager's suite

• Bar, dining, lounge and games room

• First-floor function space with decked terrace

• Large rear garden with stream and play area

• Flexible lease terms, stepped rent considered

• Rent: £34,000 per annum exclusive

AN OPPORTUNITY FOR THE RIGHT OPERATOR

The landlord is looking for the right people to take on The Highland Drove and wants to work closely with them to make the business a success. We are open to discussing flexible terms, including the length and structure of the lease and a stepped rent, to help the right tenant get established.

LOCATION

The Highland Drove is in a prominent position in Great Salkeld, a popular village in the Eden Valley. The village has a village hall, a church and a primary school, which serve both residents and visitors.

Penrith is about six miles away and offers a wide range of shops, leisure facilities and transport links, including the M6, the A66 and a station on the West Coast Main Line. The surrounding countryside is known for its natural beauty and draws walkers, cyclists and tourists all year round. This gives the business good potential to trade with both the local community and the wider visitor market.

DESCRIPTION

The property is a detached, two-storey rendered building with outdoor seating at the front and rear.

The front terrace seats up to 14 customers and gets the sun throughout the day. The rear garden has a children's play area, a stream with a decorative bridge and more seating, making it a pleasant place to eat and drink outside. There is roadside parking for about four vehicles directly in front of the property.

Ground floor: The main entrance opens into a central bar that serves the main trading areas. On one side is a dedicated dining area, and on the other is a relaxed, lounge-style seating area. Beyond the bar is a games room, currently set up for pool and darts, which local teams and community groups use regularly. The customer WCs and the commercial kitchen are also on this floor.

First floor: An open-plan space can be used for extra dining, private events or showing sport. It opens directly onto a decked terrace that runs along the back of the building, with views over the garden towards the fells.

Letting accommodation: A separate staircase from the ground floor leads to five double en-suite letting bedrooms. There is also a manager's suite with its own living room and access to the balcony terrace.

The dining area has timber double-glazed windows. The rest of the property has timber single-glazed windows.

ILLUSTRATIVE ROOM INCOME

The five en-suite letting rooms are a valuable income stream in their own right. As an illustration only, five rooms let at an average of £90 per night with 50% annual occupancy would generate about £82,000 a year in room revenue. That is before any income from the bar, food or events.

This figure is for illustration only and does not represent actual or forecast trading. Interested parties should make their own enquiries and assessments.

RENT

£34,000 per annum exclusive

ACCOMMODATION

Ground floor Gross Internal Area: 280.5 sq. m (3.019 sq ft)

First floor Gross Internal Area: 290.8 sq. m (3,130 sq ft)

Total GIA: 571.3 sq. m (6,149 sq ft)

SERVICES

Mains electricity, water and drainage are connected.

LEASE TERMS

A new lease is offered directly from the landlord. The landlord is open to discussing terms, including a stepped rent, with the right applicant.

VAT

All figures quoted are exclusive of VAT where applicable.

RATEABLE VALUE

According to the VOA website, the property has a Rateable Value of £15,100 and is described as "Public House and Premises".

EPC

A copy of the certificate will be available to download from the Edwin Thompson website or upon request.

LEGAL COSTS

Each party to bear their own legal costs.

VIEWINGS

The property is available to view by prior appointment with Edwin Thompson LLP

Contact: Sarah Myles, s. , or Keith Mitchell, k. , or Carol Westmorland, c.

Tel: or go to:

Great Salkeld, Penrith, CA11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lazonby & Kirkoswald Station1.8 miles
  • Langwathby Station2.5 miles
  • Penrith Station5.0 miles

About Edwin Thompson, Keswick

28, St. Johns Street, Keswick, CA12 5AF
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Founded in the English Lake District in 1880, Edwin Thompson now operate from five offices in Northern England and the Scottish Borders - Berwick-upon-Tweed, Carlisle, Galashiels, Preston and Windermere, as well as their original office in Keswick - with a client list ranging from major national companies , institutions and pension funds to smaller local companies and individuals, with interests throughout the UK.

Notes

These notes are private, only you can see them.

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