The Castle Bar, 14 Market Place, Cockermouth, CA13 9NQ
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- SECTOR
Pub for sale
Key features
- Impressive Grade II Listed freehouse
- Lounge & public bars, 3 dining rooms
- Expansive southerly 3 tiered beer terrace
- Main circuit location. Wet led sales.
- Stunning refurbishment during 2007/2008
- Net t/over £468,062. ANP £144,871. GP margin 58%. EPC Exempt
- Christie & Co Ref: 5652013
Description
An impressive 16th Century Grade II Listed freehouse, of colour rendered stone elevation beneath a predominantly pitched tiled roof line.
The property was comprehensively refurbished by the current owners during 2007-2008, and now offers stylish bars and restaurants over three floors, with the advantage of a three tiered south facing beer garden to the rear.
The Castle Bar is prominently located upon the main licensed circuit overlooking Market Place in Cockermouth. The property is most easily accessible 1 mile north of the A66, some 30 miles west of Penrith, junction 40 of the M6 motorway.
Internal DetailsGround Floor:
Entrance porch to:
Lounge bar (40), large wooden topped bar servery to one wall, exposed beams, recessed booth seating, wooden flooring, windows to the front elevation.
Archway to rear vestibule with cast iron wood burning stove, stone flooring, turning flight staircase to upper floors.
Split level public/sports bar (30) with beamed ceiling, exposed brick work, stone floors, fixed perimeter seating, and free-standing tables & chairs, feature recessed stone fireplace with canopy, wall mounted TV, access to rear beer garden. Ladies, gents, disabled toilets, and baby change.
First floor:
Landing with wooden topped bar servery. D
Dining room 1 (40) beamed ceiling, feature open-grate fireplace, exposed stone walls, free-standing tables & chairs, picture windows to the front elevation.
Dining room 2 (40) beamed ceiling, feature open-grate fireplace, exposed stone walls, free-standing tables & chairs, picture windows to side elevation. Trade kitchen.
Staircase to second floor, dining room 3/function room (40) with exposed beamed ceilings, feature open-grate fireplace, free-standing tables & chairs, wall mounted TV, carpeted flooring, picture windows to front elevation. Dry goods store, and emergency exit.
All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.
External DetailsExternally, the property offers a stunning southerly facing three tiered beer terrace, seating 80 with potential to extend, with covered smoking solution, and brick built store.
The OpportunityThe Castle Bar has been owned and operated by our clients since 2007, at which time the property was tastefully and sympathetically refurbished, ultimately winning the CAMRA Pub Design Awards 2009.
The business enjoys a TripAdvisor Certificate of Excellence award, B&L Cask Mark Award, and a 5 Star Rating both food and ales.
For further details on menus, current opening hours, and offers - please visit the buisness' dedicated website The Castle Bar
Accounting information to 29 February 2024 show a net turnover of £468,062 with a gross profit margin of £270,504 (58%) based solely on wet sales, with an adjusted net profit of £144,871.
Please note, pre-Covid accounts to 29 February 2020, show a net turnover of £896,546 with a gross profit margin of 56%, and in excess of 450 draught barrels.
Monday to Thursday: 4pm - 10pm
Friday: 4pm - 11pm
Saturday: 2pm - 11pm
Sunday: 1pm - 9pm.
The business has a premises licence from 12pm - 11pm daily.
Actual rates payable are £8,960.
RegulatoryPremises licence.
Energy Performance Certificates
EPC 1Brochures
The Castle Bar, 14 Market Place, Cockermouth, CA13 9NQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Maryport Station6.3 miles
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Notes
Disclaimer - Property reference 5652013-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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