The Pinny is a traditional pub, located just off the main high street in Penrith surrounded by other businesses such as public houses, shops and takeaways, Located in the heart of Penrith, the Pinny is within close proximity to the train station, buses and taxis. Situated just a short distance from the Lake District (three miles), it likely benefits from tourists exploring the natural beauty of the area. Additionally, its proximity to Carlisle is just 17 miles.
Pub Layout
On entry, the bar welcomes you with its spacious and inviting layout, offering a comfortable and vibrant atmosphere. To your right, you’ll find the bar area, which features two large TVs, a single dartboard adds a touch of classic pub charm, making it a great spot for casual games or competitions. The bar area itself is predominantly furnished with fixed seating, creating a cosy and communal space where guests can relax and enjoy their visit. For those who prefer a more elevated seating option, a few taller tables with stools are available, adding variety.
The private accommodation is in good condition and consists of: Two bedrooms, lounge, kitchen and bathroom. Door provides access to roof terrace.
Security deposit: £2,000
Estimated Annual Turnover (Net): £234,000
These figures are based on our Business Development Managers assessment of the trading potential of this pub and are intended for guidance purposes only.
No rent applicable on this agreement
This opportunity is for you to run your pub as a self-employed manager. Admiral Taverns take care of all the running costs including rates, utilities, stock and day to day running costs whilst you take home 18.5% of the net weekly sales, all employment costs relating to your staff and any council tax and TV licence for the residential quarters.
All new operators have comprehensive free training as part of their agreement.
Lisa Jennings, the Business Development Manager is looking for an operator with strong business acumen and has a proven experienced track record for driving entertainment and a footfall through a good rhythm of the week and can evidence this. It needs someone who really understands the local community and can put the pub at the heart of this community through events, charitable initiatives and local networking. Whilst the pub isn’t a big sports pub, it does have a strong racing customer base, so an understanding of how to drive this is essential.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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