Summary - Urban Food House Lake Rd, Bowness-on-Windermere, Windermere LA23 3BJ LA23 3BJ
1 bed 1 bath Hospitality
Profitable lakeside operation with strong footfall and immediate turnover potential.
Turnover > £500,000; NET profits > £100,000 (year ending 2024)
A long-standing, profitable hospitality business in the heart of Bowness-on-Windermere, trading to locals and tourists alike. The building combines early 20th-century character with a modern-rustic fit-out, seating for up to 50 inside and outside seating for up to 8, plus a fully equipped commercial kitchen. Accounts for year ending 31 December 2024 show turnover in excess of £500,000 with net profits over £100,000, making this an attractive cash-generating acquisition for an operator or investor.
The corner position on Lake Road gives high visibility in a busy hospitality and retail zone close to Windermere’s shore and visitor attractions. Attractive existing branding and a licensed premises reduce set-up time for a new owner; the venue is suitable for varied cuisines or a rebrand to grow trade further during peak season.
Notable constraints are factual and significant: there are only 14 years remaining on the lease and a passing rent of £30,000. That limited lease length is likely to restrict mortgage options and may deter some lenders. The area records a higher crime rate, which could influence insurance costs and staff/customer perceptions. Broadband is average and the plot is small, so expansion on site is limited.
This is a hands-on, profitable business with clear upside for a buyer who can operate or refinance around the lease position. Full accounts and floorplans are available to serious purchasers; practical buyers should factor in lease negotiation or a cash purchase strategy to maximise future value.
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