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Property Ref: 307082

Rusland Pool Hotel Haverthwaite, nr. Ulverston

• Landmark Lakeland coaching inn fronting busy A590 tourist route • 18 en suite letting bedrooms, restaurant (60) and bar (36) • 2 bedroom owners' flat and extensive beer garden with lovely views • £641,682 net T/O, EBITDA in region of £180k - Planning Permission to extend

Colliers International Chancery Place Brown Street Manchester M2 2JT £1,300,000 - Freehold www.colliers.com/uk/hotels Rusland Pool Hotel, Haverthwaite, nr. Ulverston, LA12 8AA

The Rusland Pool Hotel enjoys an excellent trading position on the substantially increase the turnover and profitability of the business. southern reaches of the Lake District National Park and on the busy Having enjoyed their years at Rusland Pool, the owners have a new A590 tourist route along the south Cumbria coast to Ulverston and young family and are now looking to offer for sale this well-known Barrow. With 18 en suite bedrooms and a lovely 60 cover restaurant and very profitable business, which offers so much potential to as well as a classic bar, this very prominent residential inn has been further develop the property and increase turnover. steadily extended over the years to now form an excellent business serving commerce, locals and tourists alike. The owners have the benefit of a self-contained 2 bedroom flat and there is also an THE PROPERTY excellent beer garden with lovely views over the surrounding rolling The hotel is believed to date back to the 18th Century and is of countryside. rendered construction with predominantly slate covered roofs. The Rusland Pool lies within the southern boundary of the Lake District accommodation is on ground and first floors with a number of staff National Park in an area often referred to as the Lake District bedrooms being contained within a separate adjacent bungalow. Peninsulas - a region of coastline, stone circles, abbey ruins, shops and festivals where the mountains meet the sea. The Lakeside and Haverthwaite Steam Railway is a busy attraction all year round PUBLIC AREAS taking passengers from Haverthwaite to Lakeside. Also close by is Entrance reception with flag stone floor and reception office area. Cartmel with its 12th Century priory, irresistible sticky toffee pudding Restaurant, a delightful contemporary styled room to seat up to 60 and renowned race course. A little further afield is the Edwardian and having its own separate serving bar. Bar (36) with separate seaside resort of Grange-over-Sands while Lake Windermere - seating areas and having been recently refurbished. Range of England's longest lake - is within easy reach, all of which helps traditional bench seating, beamed ceiling and stone fireplace with increase the tourists stay. To this is added very significant log burning stove. Conservatory dining area to seat 14. commercial trade where the hotel has on-going connections with a number of substantial local employers which create additional income. LETTING BEDROOMS Rusland Pool was acquired by the present owners in 2009 and 18 Letting Bedrooms to sleep 37 (9 double, 3 king size, 3 twin and 3 during their ownership they have very significantly improved and family rooms). 8 have en suite bathrooms while the remaining 10 refurbished this landmark inn. They have created four executive have en suite shower rooms. All bedrooms have central heating rooms plus one staff bedroom as well as refurbishing 11 bathrooms radiator, colour television, telephone, radio/clock alarm, hairdryer and completely re-roofing the property. The double glazing at the and tea and coffee making facilities. One double bedroom has a four front has been increased to triple glazing while the flat has been poster bed. significantly sound-proofed and the whole of the outside has been completely redecorated. The soft furnishings have been upgraded and a camera and Wi-Fi system installed as well as televisions in OWNERS' FLAT the bedrooms being replaced by modern flat screen units. A new There is a very spacious owners' flat with L-shaped lounge/dining modern website has been created and the marketing of the room, fitted kitchen, 2 bedrooms and fully tiled bathroom. business has been modernised which have all helped to Rusland Pool Hotel, Haverthwaite, nr. Ulverston, LA12 8AA

STAFF ACCOMMODATION TRADE Caravan with two bedrooms. Additionally, there is a staff chalet, Financial Statements prepared by the owners accountant for the ideal for re-development. Year Ended 30 June 2016 shows net turnover of £641,682. EBITDA in the region of £180,000 before finance, depreciation, directors salary and owners private wage. SERVICE AREAS Commercial kitchen, recently refurbished and well equipped. PRICE Vegetable preparation room, freezer and bottle store. Dry goods Offers of £1,300,000 are invited for the freehold complete with store. Beer cellar. Boiler room. Laundry. goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation. OUTSIDE The property stands with long frontage to A590 with a slip-road PLANNING PERMISSION providing easy access. Good size tarmac parking area. Attractive Planning permission has been granted (Ref: 7/2015/5373) for an landscaped patio/beer garden and grass paddock. extension to provide additional function/conference room and six additional letting bedrooms and additional car parking. SERVICES South Lakeland District Council at Kendal (01539) 733333. FINANCE Mains water and electricity. Private drainage. Central heating and Colliers International is able to assist prospective purchasers by domestic hot water supplied by 3 oil-fired boilers. introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. LICENCE Premises Licence TO VIEW All appointments to view MUST be made through the vendors' WEBSITE agents who are acting with sole selling rights. www.ruslandpool.co.uk DIRECTIONS Leave the M6 (J36) and take the A590 following the sign posted route towards Barrow-in-Furness. Stay on the A590 through Newby Bridge and Rusland Pool Hotel is situated on the right hand side of the road after approximately 3 miles. Rusland Pool Hotel, Haverthwaite, nr. Ulverston, LA12 8AA

Misrepresentation Act: 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 in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. April 2016 Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England & Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.