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Cumberland and Westmorland Herald
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    How can businesses combat increased pressure on cashflow and profitability?

    How can businesses combat increased pressure on cashflow and profitability?

    Penrith Players present Noel Coward’s Hay Fever

    Penrith Players present Noel Coward’s Hay Fever

    Paula Roberts’ pilgrim route to raise cash for Red Cross

    Paula Roberts’ pilgrim route to raise cash for Red Cross

    Farmers flock to North Sheep

    Farmers flock to North Sheep

    Cumbrian animal charity celebrates with dog show for opening of new kennel complex

    Cumbrian animal charity celebrates with dog show for opening of new kennel complex

    Appleby Horse Fair: Several cases of animal cruelty

    Appleby Horse Fair: Several cases of animal cruelty

    Multiple fire crews tackle roof fire in Crosby Ravensworth

    Multiple fire crews tackle roof fire in Crosby Ravensworth

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    Free domestic abuse support drop-in service launches in Penrith

    Penrith bar relaunched with vibrant events planned

    Penrith bar relaunched with vibrant events planned

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    Patterdale’s Eden Eagles make history

    Patterdale’s Eden Eagles make history

    Penrith teen crowned British vault champion

    Penrith teen crowned British vault champion

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    Penrith gymnasts represent North of England in finals

    New boss revealed for Penrith AFC

    New boss revealed for Penrith AFC

    Penrith Panthers celebrate winning season

    Penrith Panthers celebrate winning season

    Darren Edmondson leaves Penrith AFC

    Darren Edmondson leaves Penrith AFC

    Lucy plays key role in county T20 triumph

    Lucy plays key role in county T20 triumph

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    Gold for Keith in annual festival of orienteering

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    Cumberland and Westmorland wrestlers head to European championships

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Home Latest

In pictures: Historic Eden coaching inn on market for almost £700,000

by CWH
8 July 2022
in Latest, Property
A A
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A historic Eden 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.”

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