Are you looking for pub tenancy available in the Cumbria area? Why not run The Royal Oak Bobbin Mill as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Royal Oak Bobbin Mill is Now Available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pub Tenancy In Cumbria – Run The Royal Oak Bobbin Mill !
Nestled in the small former bobbin mill village of Spark Bridge, within the Lake District National Park, the Royal Oak is a traditional country pub situated on the River Crake. The fabulous pub offers a warm welcome to the bar area with a real open fire, traditional cosy surroundings, real ales and quality home-cooked food. The pub makes a great base for exploring the Lake District, being close to Coniston and Coniston Water and with easy access to Grizedale, Hawkshead, Windermere, Bowness-on-Windermere and the local market town of Ulverston. There is also the added benefit of three cosy en suite letting rooms which provide an extra revenue to the already popular pub. We are looking for a great publican who has the skills to develop a quality menu and really embrace the community feel
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Overview of The Royal Oak Bobbin Mill
Nestled in the small former bobbin mill village of Spark Bridge, within the Lake District National Park, the Royal Oak is a traditional country pub situated on the River Crake. The fabulous pub offers a warm welcome to the bar area with a real open fire, traditional cosy surroundings, real ales and quality home-cooked food. The pub makes a great base for exploring the Lake District, being close to Coniston and Coniston Water and with easy access to Grizedale, Hawkshead, Windermere, Bowness-on-Windermere and the local market town of Ulverston. There is also the added benefit of three cosy en suite letting rooms which provide an extra revenue to the already popular pub. We are looking for a great publican who has the skills to develop a quality menu and really embrace the community feel.
Indoor trading area
The interior of the pub is well-presented throughout, with traditional décor complementing original features such as exposed beams and open fires, and soft furnishings lending a homely atmosphere. The layout is zoned, with dining tables laid out to the right of the main entrance, ideally placed between dual aspect windows that flood the space with natural light. The bar servery is to the left and in all, the pub can cater to around 50 covers when seated for dining. On the first floor is the large trade kitchen, which is well equipped to support a good home cooked menu. There are three beautifully presented letting rooms, including a family room for up for four guests, another which accommodates three guests and a further double room, furnished with a king size bed. All rooms are en suite and there is also a recently developed holiday cottage to the rear of the building.
Outdoor trading area
The pub boasts a fantastic beer garden, which is a lovely secluded spot, furnished with picnic tables. A car park is situated to the right of the pub, with space for 20 vehicles.
Your living accommodation
The private accommodation consists of three bedrooms and a lounge with a great view overlooking the river and woods.
Surrounding area
Located within the Lake District National Park, Spark Bridge is a quiet village in the civil parish of Ulverston, with a lively community spirit. The pub is a well positioned base for walkers and tourists, being less than half an hour from the village of Windermere and just four miles from the Lakeside and Haverthwaite Railway. The River Crake passes from Coniston Water four miles away, through Spark Bridge en route to the Leven Estuary, and at this point canoeists often use the village green to leave the river.
Local competition
- Farmers Arms Hotel,, Ulverston, LA12 8DT (0.2 mi)
- Red Lion,Ulveston Road, Ulverston, LA12 8EF (1.3 mi)
- White Hart Inn,Main Street, Ulverston, LA12 8JB (1.5 mi)
- Ship Inn,Main Street, Ulverston, LA12 7QZ (1.6 mi)
- Manor House,, Ulverston, LA12 8HG (1.7 mi)
Pub Tenancy In Cumbria – Run The Royal Oak Bobbin Mill !
Royal Oak Bobbin Mill
Potential Turnover
£352,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £25,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND G
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£8,750.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £25,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£20,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£19,500
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
Regional Manager’s thoughts on the Royal Oak Bobbin Mill
The Royal Oak is a great meeting place for local residents, as well as being well-reputed in the wider area for its locally sourced food. The letting rooms attract professionals from Barrow and the many visitors to the area. The pub presents a unique opportunity for someone to become actively involved in everyday life in this fabulous location and with a range of cask ales, a good food offer and letting accommodation, it has a number of revenue streams upon which to capitalise.
Philip, Regional Manager
