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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.
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.
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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