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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
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Wi-Fi
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Dog Friendly
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Coastal
Property details
Lindale is a small village in the Parish of Allithwaite Upper, residing just off the A590 road that runs through the South Lakeland area. Lindale sits high on a hill, overlooking Morecambe Bay, with close links to nearby Cartmel and Grange-over-Sands. Lindale is the perfect spot to enjoy peaceful retreats and cottage holidays in the Lake District. Attracting many a holidaymaker year after year. It also makes a great launch pad for exploring the majesty and splendour of the Lakes. There is something for everyone in and around Lindale, whether it be walking, mountain climbing, water sports, or bird watching, holidaymakers and locals alike are spoilt for choice. Lindale has recently become home to more businesses, especially car brands such as BMW, VW, and Audi, could the Royal Oak become a meeting place for these businesses? All in all, Lindale, set in the Southern Lakes offers something for everyone.
The Royal Oak is a traditional village inn with a reputation for excellent food in the Cumbrian village of Lindale, overlooking Morecambe Bay and Grange-over-sands. The pub has a warm, welcoming, and cosy feel and is the perfect place to have a drink and something to eat. The Royal Oak has a great reputation for food as well as a strong local trade, with an excellent reputation for cask beer, wines, and spirit selection. It has been well-kept and has been known to be the local community hub.
To the rear of the pub, there is a large car park and garden area, the perfect place to overlook Grange-over-Sands.
There is a large private flat on the first floor of the Royal Oak, comprising of a large open plan kitchen, large lounge area and two good sized bedrooms.
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Cask Ale
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Catering Kitchen
Trading style
The landlords are looking for a new business partner to move forward the wet and dry offering here, confirming locally, that the Royal Oak is the destination food pub in the area. They will want to become part of the local community, holding events throughout the year. This is the perfect opportunity for a new business partner to put their stamp on this pub and offering.
This pub is ideal for a new business partner who is looking to own a destination food pub set in a beautiful South Lakeland village.
Key financials
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Reference Number:
3PZAZZ / RB-LA11
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£17,755.00
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Annual Rent:
£33,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
5 YEAR TENANCY
LEVEL OF INVESTMENT:
This is a one-off payment made at the start of the vacancy agreement. All figures are estimates and exclude VAT.
4 Week's Rent - £2,538
Trading Deposit - £6,000
Professional Fees - £2,217
Stock & Glassware - £7,000
Fixtures & Fittings - £TBC
Sub Total £17,755
Potential Turnover £541,604