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Home Latest

Keswick restaurant and guest house on market for £790,000

by Jacob Colley
14/06/2021
in Latest, News
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The Sizzling Stone. Picture: Mere Commercial

A Keswick restaurant and guest house has been listed on the market for £790,000.

Ravensworth House, on Station Street in the town, has been listed with Mere Commercials Chartered Surveyors. It is listed on a freehold basis with a guide price of £790,000.

The property is home to The Sizzling Stone restaurant.

The Sizzling Stone. Picture: Mere Commercial

It boasts:

  • Seven well appointed guest bedrooms
  • Licensed 34 cover restaurant open to non-residents
  • Guests lounge and bar with outside seating terrace 
  • Self-contained two-bedroom owners’ quarters
Picture: Mere Commercial

The listing states: “The current owners acquired the property in 2005 originally running it as a seven-bedroom guest house but more recently offering a contemporary service and longer term lettings to suit a changing market and opening the dining room to non-residents as a licensed restaurant trading as The Sizzling Stone.

“The property is well situated on the edge of the shopping streets and close to other catering businesses. It is run by the proprietors with part-time staff and the restaurant is open five nights a week 5pm to 9pm.

“The property offers enormous potential to run a business in a variety of ways and the owner will discuss the trade with potential buyers when viewing as recent trading figures do not fully reflect the potential. The current owners are looking to retire.”

Rates

Description in list: Guesthouse, restaurant and premises
Rateable Value:  £8,100
Council Tax: Band B
The property qualifies for 100 per cent small business rates relief.

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