Cumbria community group seeks pub tenants

By Ellie Bothwell

- Last updated on GMT

Related tags: Public house

The group is looking for new tenants to take on a three-year renewable lease
The group is looking for new tenants to take on a three-year renewable lease
A Cumbria community group is searching for tenants to run its pub, after battling to purchase the property three years ago.

The Lyvennet Community Pub group snapped up the Butchers Arms in Crosby Ravensworth in 2011, after raising £300,000 in less than three months.

The pub has more than 300 shareholders based all over the world — from Singapore, Australia, Alaska, the Netherlands and across the UK — all of whom have invested a minimum of £250 each.

New tenants

The group is now looking for new tenants to take on an initial three-year renewable lease from September, after experienced chefs Keith Taylor and Bev Percy decided to leave the business. The rent for the first year will be £18,173 plus VAT.

The pub, which was built in 1863, comprises a bar, community area, 30-cover restaurant, commercial kitchen, beer cellar and a 20-cover dining/meeting room on the first floor.

Owner’s accommodation includes a lounge/kitchen, two bedrooms and a bathroom, while outside there is a beer garden with benches, a storage room, smoking shelter and parking for 12 cars.

The property was refurbished in 2011 and work was carried out last year to convert part of the outside garage into a dry store for stock and create the upstairs dining/meeting room.

'Fabulous sucess'

Kitty Smith, secretary of Lyvennet Community Pub, said: “The pub has been a fabulous success for us and is very busy. Our tenants say 80% of people return to eat at the pub.”

She said the group is looking for a tenant with a strong track record and aspirations to expand the business and maintain the focus of the pub as a community hub.

To find out more or arrange a viewing of the property, contact Smith at kitty.s65@btinternet.com.

The Publican's Morning Advertiser

Discover 100s of pubs to buy or lease on The Publican’s Morning Advertiser property site. Click here to begin your search today!

Related topics: Property law

Related news

Show more