A historic Cumbrian coaching inn is on the market for almost £700,000.
The Black Swan, in Culgaith, has been owned by Stephen Harvey and Jacqueline Lynch since 2016.
The pair have decided to put it up for sale to retire and it is being marketed by Charles Louis Commercial Agents for £699,950.
Understood to have been first established in the 17th century, its turnover is £302,969 and last year, it made gross profit of £225,246.
It has seven en suite guest bedrooms, plus owner/manager accommodation and a restaurant area.
Anthony Meadowcroft, director at Charles Louis Commercial Agents, said: “I am grateful our clients chose Charles Louis to find a buyer for The Black Swan. It’s a charming business and property – freehold pubs with guesthouse accommodation are one of our growing sectors of demand, so I am confident of doing an outstanding job for them.”
“It’s in an idyllic country village position that’s a short distance from the likes of Penrith, so running at its full potential, the new owners can enjoy making this an ideal location for Area of Outstanding Natural Beauty and ‘staycation’ holiday makers.
“My clients are involved on a day-to-day basis so, although an owner-manager could be an ideal fit, it would also be really well-suited to an investor or existing leisure business looking for a strategic bolt-on business and property acquisition.”
“There is scope to extend the dining options to accommodate more customers, and also to introduce private function hire and events, so I expect a lot of interest.”
