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Business

£395,000

(£395,000.00/sq. ft)

Pub/bar for sale

Hallbankgate, Brampton CA8
1 sq. ft

£395,000

(£395,000.00/sq. ft)

Pub/bar for sale
Hallbankgate, Brampton CA8

    • 1 sq. ft

Business
Added on 18/04/2024

About this property

    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)

    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.

    The Belted Will Inn trades as a food-led destination pub with letting rooms in an area of high footfall, being located between Hadrian’s Wall and The North Pennines. Trade accounts for the year ended March 2022 show a net profit of £266,222 with food sales contributing 60%. Full trading accounts will be made available following any viewing. Room tariffs range from £89 - £139 per night with occupancy levels in the region of 70% in the spring/summer months. Our clients operate on limited hours due to family commitments which gives potential for future growth. The business would ideally suit an aspiring chef or a family looking for the perfect work/life balance.
    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

    Website:

    Freehold £395,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.

    No direct approach to be made to the business, with all communications directed through Sidney Phillips.
    Viewing strictly by appointment only.

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