Great Cask Ales
Set in the northern fells of the English Lake District, yet only 2 miles from the main A66 trunk road West of Penrith, the hamlet of Mungrisdale is overlooked by the imposing fells of Blencathra (Saddleback), Bowscale and Carrock and complemented by the Caldew and Glenderamakin becks. The parish is predominately a farming community but the pub and the area is very popular with tourists.
There is no dedicated accommodation for the licensee at the pub, however, is required one or two of the letting rooms could be utilised.
Mill Inn Mungrisdale
Set in the picturesque hamlet of Mungrisedale, 8 miles west of Penrith in the Cumbrian Lake District, the 17th Century Mill Inn is ideally situated to attract locals and tourists alike. A traditional pub with a lounge/bar area, separate dining room and a popular games room (pool/darts/sports viewing). There is a good–sized, well-equipped catering kitchen, car park, garden area overlooking the beck and outside benches for when the weather permits. A hearty food menu and 7 good-quality en suite letting bedrooms provide a popular base for walkers. Robinsons are seeking a new licensee, ideally with catering and/or hotel experience, who can continue to attract visitors to the pub through effective marketing and provide them with a consistently warm welcome.
The Mill Inn has one main bar, with an original millstone feature, serving the lounge/bar areas used for both eating & drinking, separate dining room (24 covers) and another large room to rear. There is a good-sized catering kitchen, split into 2 areas, and outside storage rooms housing freezers, boiler etc. The car park to the front of the pub has bench seating overlooking a garden area and the beck. To the side of the pub is another garden area not currently in use. On the first floor there is 7 good quality, en suite letting bedrooms (4 doubles/3 twins) and a small room currently used as staff accommodation.
Rent: £10k year 1 rising to £20k year 2 per annum
Potential FMT turnover: £349,602
A barrel is a unit of measurement adopted by the pub and brewing industry. A barrel is 36 gallons or 288 pints. This excludes wines, minerals and spirits.
|Current MAT Barrelage||66|
|Last Year's MAT Barrelage||65|
|2 Years Ago MAT Barrelage||90|
|3 Years Ago MAT Barrelage||104|
Discounts excl VAT
This rent assessment includes a discount of £65 per barrel on Robinsons beers and up to £25 on other beers and ciders.
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||£1,538|
|Stock & Glassware||£4,000|
|Fixtures & Fittings||£30,000 TBC|
FMT barrelage: Please note that this assessment is based on the "fair maintainable trade" that can be achieved by a "reasonably efficient operator" and is not therefore a guarantee of volume or consequential sales or profit.
Similarly Historic performance, whilst a significant factor to consider, is not a guarantee of future performance of a pub and you should bear this in mind in your assessment of trading potential.