This property is no longer on the market
4 bedroom apartment
Key information
Property description & features
- Outstanding highly profitable Lake District freehold commercial investment opportunity
- Successfully trading as a thriving established licenced café / restaurant
- Two superb first floor self-catering holiday letting apartments
- Unrivalled central village location in Pooley Bridge by Lake Ullswater
- Prime position on the river bank beside the award winning new bridge
- Closest business to the iconic Ullswater steamers pier
- Spectacular views to Helvellyn and Ullswater
- 14 miles from Ambleside and 15 miles from Keswick
- Total of 192 covers from internal and external seating areas
- Potential to further maximise profit by extending the existing open hours
An exceptionally rare opportunity to purchase a truly outstanding freehold property successfully trading as a thriving established licenced café / restaurant together with two superb first floor self-catering holiday letting apartments.
Enjoying spectacular views and a prime central position in Pooley Bridge, this outstanding property is idyllically located on bank of the river Eamont immediately beside the new state of the art award winning bridge.
Situated within the Lake District National Park, recently voted a UNESCO World Heritage site and nestling on the northern shores of Lake Ullswater surrounded by the iconic fells, Pooley Bridge is conveniently located approximately 6 miles south west of Penrith and junction 40 of the M6, 15 miles from Keswick and 14 miles from Ambleside. There is a regular bus service and several public car parks.
The famous picturesque village is an all year round tourist honey pot and provides a wide range of amenities being surrounded by breath taking countryside with excellent local walks, cycle routes, pony rides from the local trekking centre and water sports available on Ullswater with its award winning cruise steamers which sail from the nearby Pooley Bridge pier.
The iconic Ullswater cruise steamers are the second largest visitor attraction in the north west of England with 340,000 customers annually and Granny Dowbekins is the closest business to the steamers' Pooley Bridge pier.
Originally operating as a Tea Room with bed and breakfast, the site has traded continuously since 1904. The business is now a retirement sale by the present owner following twenty two years of successful trading and represents an ideal purchase for either investors or owner operators who are seeking a life style change in a stunningly beautiful location and renowned tourist destination.
Main Accommodation
Café / Restaurant - 192 Covers in total from internal and external seating areas
Entrance Vestibule.
Tea Room
Garden Room with bi-folding doors to outdoor covered Victorian style veranda and generous external paved tiered terraces beside the river.
Service areas comprising substantial preparation kitchen, bakery kitchen, drinks store, walk in fridge, office, cleaning cupboard, laundry cupboard, staff WC and shower, external customer WC block and baby changing facility.
Pooley Bridge Apartment – Three Bedrooms Stairs to landing with laundry cupboard. Open plan living room with modern fitted kitchen and spectacular views over the bridge to Helvellyn and Ullswater. Master bedroom. Twin bedroom. Loft single bedroom. Bathroom. Shower Room.
Hunters Cottage – One Bedroom Entrance hall with cleaning cupboard. Stairs to landing. Living room with modern fitted kitchen. Double bedroom. Bathroom.
Trading Figures Certified accounts show trading profits (before finance costs and depreciation) of £220,194 for the year ended 30 April 2022 on a net turnover of £1,107,320.
The two self-catering holiday letting apartments produced a net profit of £52,700 for the year ended 30 April 2022.
There is potential to further increase profit by extending the existing open hours of the café / restaurant.
Further information is available on request for seriously interested prospective buyers.
Website
grannydowbekins.co.uk
Services
Mains water, electricity and drainage. Oil central heating. LPG heating to Garden Room and Baking Kitchen.
Tenure
Freehold.
Rateable Values
Café / Restaurant £23,250.
Hunters Cottage and Pooley Bridge Apartment £7,400.
Storm Desmond 2015
The property experienced some water ingress below floor level during Storm Desmond in 2015, following which, it was not necessary to submit any insurance claim and various remedial measures have been subsequently implemented.
Viewings
By appointment with Hackney & Leigh's Penrith office.
Directions
Leave the M6 motorway at junction 40 and proceed onto the A66. At the roundabout by the Rheged centre turn left and proceed onto the A592 and turn left at the road junction leading into Pooley Bridge. Proceed across the bridge and the property is immediately situated on the left.
Price
Offers over £2,000,000 are invited for the freehold interest and good will. Contents and stock are available by separate negotiation.
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