Summary - The Coach House, Market Place CA13 9NQ
5 bed 3 bath Restaurant
**Standout Features:**
- **Established Business**: Bamboo Restaurant has been successfully operating since 2007, providing a solid track record of profitability.
- **Freehold Opportunity**: Available as a freehold sale for £750,000 with the option to separate the business sale for £125,000 and lease the premises for £40,000 per annum.
- **Residential Space**: The building includes self-contained residential accommodation above, featuring 5 bedrooms and 3 bathrooms, offering great potential for additional income or family living.
- **Prime Location**: Situated in Cockermouth, the property boasts excellent visibility and foot traffic due to its high street location, appealing to both business and residential prospects.
- **Potential for Expansion**: Excellent opportunity to expand both the restaurant and residential offerings.
**Downsides:**
- **Listed Status**: The property is Grade II listed, which may present challenges for future renovations or alterations.
- **Maintenance Needs**: As original features prevail, some areas may require maintenance; particularly noteworthy is the lack of insulation in the walls.
**Summary Description:**
Seize the unique opportunity to acquire Bamboo Restaurant, a well-established business housed in a striking Grade II listed building, prominently located in Cockermouth. The versatile property spans three stories, featuring an impressive 60-seater restaurant on the ground floor complete with a bar and conservatory, while the upper two floors provide spacious residential accommodation comprising 5 bedrooms and multiple bathrooms.
With potential for expansion, this property not only serves as a profitable business venture but also offers additional living quarters ideal for families or rental income. Interested buyers can benefit from 100% business rates relief, enhancing overall profitability. Though the building's listed status may complicate future renovations, its unique charm and prime location make it a standout investment. Act quickly—opportunities like this don’t last long!
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