FOR SALE THE WOOLPACK INN Offers in the region of BOOT, ESKDALE, , CA19 1TH £1,485,000 – Freehold THE WOOLPACK INN, BOOT, ESKDALE, CUMBRIA, CA19 1TH

SUMMARY

• A charming, characterful Lakeland coaching inn - picture-postcard location at the foot of Hardknott Pass • 7 en suite letting bedrooms, 7 berth log cabin and separate staff accommodation • Flexible restaurant and bar space for up to around 150 • Spacious beer garden (150) and ample car parking • Turnover (net) circa £600,000 EBITDA circa £165,000

With its handsome black and white façade, The Woolpack Inn is a traditional business with a compliment of a dedicated team of staff. Due to other business interests coaching inn occupying a superb position at the end of the Eskdale Valley and at the foot however, the owners have taken the decision to place The Woolpack Inn to the market, of the well-known Hardknott Pass. This most attractive property is particularly well laid offering a highly established business with growing year on year trade to new owners out with 7 en suite letting bedrooms, spacious and flexible restaurant and bar space and who have the opportunity to further develop this highly profitable business. large beer garden. During the summer months, The Woolpack’s excellent beer garden and large car park help attract both passing trade and visitors alike. Also, being located near to a large camp site, The Woolpack has become an increasingly popular destination for real ale drinkers as well as those seeking out its excellent food.

The Woolpack Inn is situated at the end of the picture-postcard valley of Eskdale, close to the foot of Hardknott Pass – this famous Lakeland route zig-zags its way through some of Britain’s most beautiful scenery with the remains of the Roman fort at its peak. This is one of central Lakeland’s most popular tourist routes which provides considerable passing trade to The Woolpack Inn which already is of particular appeal to fell walkers who come to explore the surrounding fells of this corner of the Lake District National Park. Only a mile away is the terminus of the well-known narrow gauge to Eskdale Railway at Boot, which also provides additional trade. This is boosted in the summer months with a number of beer and music festivals which are held nearby.

This extensive property has been maintained to excellent standards by the current owners, who have owned and operated the business for around nine years and run the THE WOOLPACK INN, BOOT, ESKDALE, CUMBRIA, CA19 1TH THE WOOLPACK INN, BOOT, ESKDALE, CUMBRIA, CA19 1TH

THE PROPERTY In addition, there is a log cabin which can sleep up to 7 WEBSITE with lounge, kitchen, shower room and bathroom facilities. The Woolpack Inn is a substantial detached property built The current owners choose to let this out on a self- www.woolpack.co.uk of rendered construction and under a pitched slate roof, catering basis to generate an additional and lucrative with accommodation arranged on ground and first floors. income stream, however this space could be utilised for additional owners’ accommodation if required. TRADE PUBLIC AREAS Trading and Profit and Loss Accounts prepared by the owners’ accountants for the year ended 31 January 2018 From the main hotel entrance, there is a hallway, small SERVICE AREAS shows turnover of £596,414 (net of VAT) with an office with reception counter, boot room, and WC. The Well-equipped commercial kitchen, prep room, walk-in operating profit circa £165,000. This includes a main bar café is set around a wood burning stove and has refrigerator, vegetable store and laundry room. Beer cellar Renewable Heat Incentive payment of approx. £30,000. seating for up to 70 with timber bar servery and pizza and wine store. ovens. Herdwick Room is the main breakfast room for its Further trading accounts can be made available to any guests set around a range open fire place with seating for seriously interested parties following a viewing. up to 40 with ladies/gents WCs. Hardknott Bar seats around 70 with timber bar servery. Pool Room with OUTSIDE seating for around 12. There is a substantial beer garden The Woolpack Inn has a most imposing frontage with PRICE to the front of the inn that has potential to seat up to 150 external beer garden, large car park with electric charging guests with picnic tables and views to the beautiful points for electric vehicles. To the rear there are shower Offers in the region of £1.485m are invited for the surrounding countryside. rooms for guests and a large timber shed housing the freehold property complete with goodwill and trade Biomass system which generates the heating and hot contents (according to inventory), excluding personal water for the property. items. Stock at valuation. LETTING BEDROOMS There are 7 letting bedrooms to sleep 14 (7 double/twin FINANCE rooms). SERVICES Copeland Borough Council at Whitehaven (01946) 852585. Colliers International is able to assist prospective All letting rooms have colour TV, central heating and tea purchasers by introducing sources of finance if required. and coffee making facilities. LPG for cooking, mains electricity, private water supply Whilst we do not charge the buyer for this service, we and drainage. Biomass heating and hot water system. may receive an introductory commission from the lender or broker involved. STAFF/OWNERS’ ACCOMMODATION LICENCE The owners or staff have the benefit of a large suit of TO VIEW rooms including 3 bedrooms, bathroom and kitchen Premises Licence situated on the first floor and a 1 bedroom self-contained Civil Ceremony Licence All appointments to view MUST be made through the flat. vendors’ agents who are acting with sole selling rights. THE WOOLPACK INN, BOOT, ESKDALE, CUMBRIA, CA19 1TH THE WOOLPACK INN, BOOT, ESKDALE, CUMBRIA, CA19 1TH

FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Neil Thomson Tel: 0161 831 3337 / 07920 258226 Email: [email protected] Haydn Spedding Tel: 0161 831 3338 / 07881 914867 Email: [email protected]

Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (May2019) Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. www.colliers.com/uk/hotels