CUMBRIA - VILLAGE PUB & RESTAURANT

Carlisle, Cumberland

Ref: 45704

Leasehold

Key Features

  • Village location
  • Destination pub/restaurant
  • Open plan bar/restaurant
  • Three bedroom owners accommodation
  • Large car park
  • Historically profitable business
  • Location

    Smithfield is a village located 8 miles north of Carlisle with a population of around 250. The main A6071 through the village leads to the nearby market towns of Longtown and Brampton. The Robin Hood Inn occupies a prominent location on the A6071 as you enter Smithfield from Longtown.

    An impressive brick under a slate roof building, the Robin Hood has been subject to recent investment and refurbishment by the current lessee and is fully equipped to run from day one. 

    It briefly comprises the following:-

    Property

    TRADE AREAS

    GROUND FLOOR
    ENTRANCE PORCH to open plan PUBLIC BAR and DINING RESTAURANT. The PUBLIC BAR has loose seating for 20 with wood floor and large screen TV. Full length BAR SERVERY and non-slip flooring.

    DINING RESTAURANT (28), wood flooring with feature fireplace, booth seating with free-standing tables & chairs. LADIES and GENTLEMEN’S TOILETS with a separate ACCESSIBLE TOILET are off the restaurant.
    Comprehensively equipped TRADE KITCHEN with stainless steel appliances, separate wash-up area, separate area with fridges/freezers, all with non-slip flooring, MANAGERS OFFICE, and access to the rear area. On level cooled beer CELLAR accessed from the bar with dry storage area.

    OWNERS ACCOMMODATION

    FIRST FLOOR
    Accessed via a staircase from the kitchen area to MAIN LANDING leading to THREE BEDROOMS, 2 doubles, 1 single, BATHROOM/WC, spacious LOUNGE with open fire.

    EXTERNAL
    Easy wide access from the main road to ‘draw on’ side CAR PARK with space for 15 Vehicles. Front BEER GARDEN area with 3 picnic style tables. A rear YARD with storage outbuildings. 

    The Business

    Since taking over the current owners have renovated and refurbished the property to a high standard and just prior to Covid had turned a wet led pub into a destination Pub/Restaurant with a quality food offering. The business is now closed but when trading (Pre Covid) attracted regular, local and destination custom. The 2019 accounts show net sales of £211,000 with a gross profit of £107,000 (50.9%) and an adjusted trading profit (before owners salaries) of £54,000. Copies of the management figures will be made available to genuinely interested prospective assignees after they have viewed. 

    Tenure

    LEASEHOLD £17,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.

    The Robin Hood Inn is held on a fully repairing and insuring lease for a term of seven years commencing 25 July 2018. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently stands at £10,400 per annum paid monthly in advance (£200 per week). The lease is free of all trade ties.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Premises Licence is held for the following permitted activities:

    Indoor sporting event
    Performance of live music
    Playing of recorded music
    Provision of late-night refreshment
    Supply of alcohol between the hours of:

    Sunday to Saturday 00.00 to 00.00.

    Services

    Mains Electric, water and drainage are connected. Heating and hot water is by way of an oil-fired boiler.
    The Rateable Value is £4250 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority. Ref:103300120022

    Carlisle City Council
    Civic Centre
    Carlisle
    Cumbria
    CA3 8QG

    Enquire about this listing

    Dean McVay
    Northern Counties