The Jolly Farmers 63 High Street, Kirkby Stephen CA17 4SH
studio Flat
Property description
Kirkby Stephen is just ten miles from J38 of the M6, and the trans-Pennine A66 is 5 miles away is well placed for Kendal, Penrith, Appleby, the Lake District & the Dales. The scenic Settle to Carlisle Railway is 1 mile away and the Coast to Coast and Lady Annes Highway footpaths run through the town. The walks provide a steady stream of guests, many staying for 2 nights as they break the journey half way, with a rest day, and return later for a longer stay. Kirkby Stephen has highly regarded primary and grammar schools, as well as a good range of shops, restaurants, pubs, church, chapel and doctor's surgery. There is a weekly outdoor market and an thriving agricultural mart. There are also excellent sports facilities in town with cricket, football and Upper Eden rugby club.
The house is a former coaching inn, with many original features as well as the high ceilings and generous apportioned rooms one expects in a Victorian house. It benefits from double glazing, gas central heating and is beautifully decorated throughout.
Currently the property is ran as a successful B&B by Carol Pepper, for the past 25 years. Carol runs the business with family members and is looking to retire and spend more time with grandchildren. Over the past three years the turnover averaged £70,000 - £80,000, under the VAT threshold. This is based on only opening for 6 months from Easter to October. Turnover could easily be increased by extending opening periods, offering evening meals, afternoon teas and further advertising or outside catering.
On the ground floor is a welcoming entrance hall with turned staircase. The large guest lounge and bar area lead through to a beautiful dining room. There is a cosy owners lounge, commercial kitchen, rear hall, cloakroom and purpose built drying room. The first floor has five lovely en-suite lettings rooms, and stairs to a large store/bedroom. On the second floor are a further four en-suite letting rooms.
Externally, to the rear of the house is a large yard, ideal for parking, with access to Faraday Road. There is also a lovely private patio with garden area and lean to stores. Within the rear yard is a detached two bedroom cottage, this is available by separate negotiation and could provide owners accommodation or extra income for The Jolly Farmers.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
The Jolly Farmers 63 High Street, Kirkby Stephen CA17 4SH - Streetview
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