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The Strickland Arms

Great Strickland, Penrith, United Kingdom CA10 3DF
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Ref: 6450507
Freehold£300,000

Contact Our Agent

Marslie McGregor
Marslie McGregorSenior Business Agent - Pubs & Restaurants
+44 7813 072 460marslie.mcgregor@christie.com

At a glance

  • Bar, restaurant, lounge and pool room
  • Long established with tourists and locals
  • 2 ensuite B&B rooms
  • 2 bedroom owners accommodation
  • Occupational Format: FOT Lease
  • Site Area .467 Acres, EPC D
View full details The Strickland Arms
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The Strickland Arms
Great Strickland, Penrith, United Kingdom CA10 3DF
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Ref: 6450507

The Strickland Arms

Description

Built in 1820, the Strickland Arms was originally a working farm. Set in the heart of a village community, the pub is now a popular destination for both locals and tourists. Recognised as a popular cycle stop along the C2C route, the pub pays tribute to Bradley Wiggins' Tour de France win in 2012, aptly naming it "Wiggo's Way." The stone built property is set on a large site and consists of a bar, 50 cover restaurant areas, beer terrace, games room and 2 en-suite B&B rooms. Externally the property benefits from storage facilities and large car park. Please click here to view the full sales brochure.

Location

The Strickland Arms is located in the village of Great Strickland, nr Penrith, Cumbria. Nestled in the Eden Valley between the Cumbrian mountains in the west and the Pennines in the east and only five miles south-east of Penrith, it is easily accessible from the M6 and A6. On the doorstop of The Lake District, The Strickland Arms is a popular destination for keen cyclists who take part in the C2C.

Occupational Format

The property is currently tenanted on a 10 year Free of Tie lease beginning 2021. Current rent is £22,150 The tenants have been in occupation for over 17 years and have managed to develop the pub from a small village drinking pub with 2 B&B rooms to a bustling family-friendly hub offering great food, drinks and 7 unique accommodation options. Please refer to page 67 of the full sales brochure (link in description) for further details on the occupational agreement types

Letting Accommodation

External accommodation options (eg Yurts and huts) are owned by the current tenant.

Owners Accommodation

Owner’s accommodation comprises of a two bedroom flat.

The Opportunity

The Strickland Arms presents an excellent opportunity for an investor to purchase a well known and established pub, with long standing and committed tenants.

Trading Hours

Mon - Sun 17:00-22:00

Business Rates

The rateable value is £5,400 from April 2023.