If you’re looking for a pub tenancy in Sparkbridge, The Royal Oak is available !
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Pub Tenancy In Sparkbridge – The Royal Oak Is Available !
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.
Private Accomodation
The private accommodation consists of three bedrooms and a lounge with a great view overlooking the river and woods.
Forecast Turnover: £340,803.39
Year 1 Rent: £0.00
Guide Rent: £26,000.00
Initial Deposit: £0.00
Full Deposit: £6,500.00
Full Tie Release: £17,750.00
Agreement Fee: £750.00
Repair Fund: £3,000.00
Fixtures & Fittings: £20,000.00
Working Capital: £23,500.00
Stock & Glassware: £2,000.00
Cash Float: £500.00
Forecast Wet Turnover: £162,160.43
Forecast Dry Turnover: £125,370.91
Forecast Other Turnover: £53,272.05
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.
