Lifeboat Inn & Harbour Restaurant, Senhouse Street, Maryport, Cumbria, CA15

For Sale : GBP 299000

Details

Property Type
Ask agent

Description

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Cumbrian coastal village • Quayside public house • Main Bar (20), Restaurant (50) • Front and rear trade gardens • Over 1,000 covers per week • Net profits £180,000 Y/E March 2022 • 3 bed house available in addition • REF: 93926

Location: • Nearest Station: Maryport Station • Distance to Station: 0.3 miles

Agent Information: • Address: North West

Full Description: Cumbrian coastal village Quayside public house Main Bar (20), Restaurant (50) Front and rear trade gardens Over 1,000 covers per week Net profits £180,000 Y/E March 2022 3 bed house available in addition

The Lifeboat Inn & Harbour Restaurant is located in the Cumbrian coastal town of Maryport, one of the southernmost towns on the Solway Firth. The town was the creation of the Senhouse family in the 18th century who took a small fishing village and developed it into a coal port. Notable points of local interest are Maryport Maritime Museum, Senhouse Roman Museum and Lake District Coast Aquarium. In recent years the town has been subject to much investment and development.

Carlisle lies 26 miles north, Keswick 26 miles east and Workington 6 miles south. The town is located on the A596 and accessed from junction 36 of the M6 motorway via the A66, with the latter also providing easy access to the National Park. Maryport train station operates on the Cumbrian Coastline.

The property appears to be of brick construction over two storeys with black and white elevations under a slate roof. It sits in a prime position next to the Quayside.

The Lifeboat Inn & Harbour Restaurant has been operated by the vendors for over 20 years and is one of the most popular destinations in the Maryport area. Our clients advise the split on food and wet sales is 65% in favour of food. The business enjoys repeat trade from both locals and tourists due to the town's coastal setting and its proximity to the National Park and the Coast to Coast cycle route.

Our client advises that the business does over 1,000 covers per week with year ending March 2022 showing turnover producing £556,937 with net profits of £180,666. There is scope for increased sales with extensive marketing or, alternatively, the first floor trade area could be developed into letting accommodation for which there is much demand locally.

Location

Address
Lifeboat Inn & Harbour Restaurant, Senhouse Street, Maryport, Cumbria, CA15
City
Cumbria

Features And Finishes

Cumbrian coastal village, Quayside public house, Main Bar (20), Restaurant (50), Front and rear trade gardens, Over 1,000 covers per week, Net profits £180,000 Y/E March 2022, 3 bed house available in addition, REF: 93926

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Real Estate Broker
Sidney Phillips Limited, North West
Brokerage
Sidney Phillips Limited, North West
Profile Brokerage Website
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Main Bar (20) Restaurant (50) Over 1 000 covers per week
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