PROPERTY SALES
PROPERTY LETTING
ACQUISITION
MANAGEMENT
LANDLORD & TENANT
DEVELOPMENT
VALUATION
CONSULTANCY
BUSINESS RATES
About this property:
*FIRST TIME ON THE MARKET SINCE 1992*
*IMPRESSIVE TRADING ACCOUNTS*
LOCATION
Glenridding is situated on the southern shore of Ullswater at the heart of the Lake District National Park.
The Travellers Rest occupies an elevated position overlooking Glenridding and Ullswater, enjoying views across the village and surrounding fells.
THE OPPORTUNITY
This is a unique opportunity to acquire a long term owned and well-established Lake District business on a freehold or leasehold basis.
In addition, the opportunity carries a lot of potential to expand the business offering by potentially creating residential / holiday accommodation from some of the building under the former planning application Ref: 7/2016/3028, subject to re-activation.
THE BUSINESS
The Travellers Rest has been operating under the current ownership since 1992. The owner is now considering selling the business due to retirement.
All fixtures and fittings are owned outright, and would be included in any business sale inclusive of the trading name and goodwill. Stock would be sold on the day of sale at cost valuation. The business operates all year round and boasts strong turnover and profits as evidenced via audited accounts.
Further information on these accounts will only be made available to genuinely interested parties, after viewing, and subject to vendor approval.
FREEHOLD SALE
The freehold building, land and business are being offered for sale. Full details on pricing are available by contacting the agent directly.
LEASE TERMS
Alternatively, subject to terms, a lease may be considered in connection with a business sale.
Terms: ROA
Size: 226.71 m² (2440 ft²)
Postcode: CA11 0QQ
Ref:BB/7955
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