Casa Bella Restaurant - NET
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Casa Bella Restaurant
Keswick
For Sale
Casa Bella Restaurant & Contact Us
Gelateria Viewing is strictly by
appointment through Colliers.
• Wonderful prime • Superb ice cream
trading position in display and service area
Haydn Spedding
Keswick centre
• £1,224,633 net T/O (15 Hotels
• 78 cover restaurant months) – Excellent +44 7881 914867
appointed to a high profits haydn.spedding@colliers.com
standard
Colliers.com/uk/hotels
Offers in the region of
£295,000 - Leasehold
22-24-26 Station Street, Keswick, CA12 5HF Colliers 2
Casa Bella Restaurant & Gelateria
Introduction Festival and Beer Festival as well as Film Festival and
Casa Bella occupies a wonderful prime trading location Words on The Water all bring both a day visitor and
in Keswick’s bustling retail area between the lake and longer staying visitors. Keswick also benefits from The
the town’s significant guest house district. Originally Theatre by The Lake which in itself is an outstanding
only occupying one of the retail shops, Casa Bella has tourist attraction. All this and much, much more sees
been twice extended to form the present, superbly Keswick having an excellent all year round trade.
appointed premises with seating for up to 78and with
Casa Bella was acquired by the present owner in 2002.
very flexible seating areas to accommodate larger
During his ownership, not only has he completely
parties. The restaurant area is supplemented by a well-
refurbished the restaurant but he has also significantly
laid out reception area which doubles as an ice cream
extended it, adding the lease of number 26 to
service area. There is also a well-equipped catering
substantially extend the seating area and preparation
kitchen helping make this an easily run, high turnover
facilities. Hand in hand with the upgrades and extended
lock-up business.
premises, the owner has carefully established an
The historic town of Keswick is often referred to as “The excellent reputation for good quality and value for
Queen of The Lakes”. Enjoying a glorious position money, Italian-style food which has seen its popularity
between Bassenthwaite Lake and Derwentwater, the and turnover increase year on year. This has allowed
town benefits from a backdrop of picturesque Lakeland the business to grow significantly and with careful
fells. Keswick is an enormously popular place and management, has seen profits grow on a similar basis.
brings tourists and particularly walkers to the area, Having enjoyed his years at Casa Bella, the owner is
looking not only at the higher fells of Skiddaw and now looking to concentrate on his other business
Helvellyn but also Cat Bells which is one of the most interests in the town.
walked fells in the country. For those looking at easier
The Property
walks, Borrowdale Valley is on your doorstep as are
walks around Derwentwater while the cycling centre at Being the ground floor sales area of a three storey
building of stone construction and under a slate roof,
Whinlatter provides a very popular alternative on two the accommodation is laid out on the ground floor only.
wheels. Keswick also benefits from a very significant
number of event throughout the year. Most prominent
is the three-week long Keswick Convention as well as
the recently introduced Walking Festival while the Jazz
Business
22-24-26 Station Street, Keswick, CA12 5HF Colliers 3
Casa Bella Restaurant & Gelateria
PUBLIC AREAS Insuring basis.
Reception area/gelateria serving area attractively laid
26 Station Street – Held on the balance of a lease from
out with an excellent serving counter. Lounge/coffee
7 April 2011 to 6 April 2026 on a Full Repairing and
area with a range of modern fitted seating.
Insuring basis.
RESTAURANT
Total annual rent of £49,500 per annum.
Divided in to three distinct areas, giving a total of 78
Copies of all leases are available from our office
covers (post- Covid) altogether. Both have laminate
following a viewing.
flooring and suspended ceilings and give very flexible
seating areas to accommodate large parties is desired. Please note that the purchaser will be responsible for
the Landlords’ legal fees in respect of the assignments.,
SERVICE AREAS
Each party will be responsible for their own legal fees in
Catering kitchen with canopy and extraction,
respect of the sale and purchase of the business.
fluorescent lighting and non-slip floor. Fridge area,
starter prep area with tiled floor and wash-up and store PRICE
with tiled floor and fluorescent lighting. Offers around £295,000 for the leasehold complete
with goodwill and trade contents (according to
OUTSIDE
inventory), excluding personal items and trading stock.
Paved rear area and storage facilities.
FINANCE
SERVICES Colliers International is able to assist prospective
purchasers by introducing sources of finance is
Allerdale District Council at Workington (01900) 326333. required. Whilst we do not charge the buyer for this
Mains water, drainage, electricity and gas. service, we may receive an introductory commission
from the lender or broker involved.
WEBSITE
TO VIEW
www.casabellakeswick.co.uk All appointments to view MUST be made through the
vendors’ agents who are acting with sole selling rights.
TRADE
DIRECTIONS
Certified accounts from the owners’ Chartered
Accountants in the form of a Trading and Profit and From the M6 Motorway at Penrith, travel west on the
Loss Account show turnover of £1,224,633 (net of VAT) A66 towards Keswick. Take the first signposted route off
for the 15 month period to 31 May 2018. £1,025,729 the A66 into Keswick travelling down the hill to the T-
(net of VAT) year end 31 May 2019 and £805,870 (net of
junction at the bottom. Turn right continuing towards
VAT) year ended 31st May 2020 which was affected by
Covid shutdown. Full copies of the trading accounts are Keswick, over the former railway line and past the Twa
available to interested parties following viewing Dogs Inn on the left-hand side. As the road begins to
raise up with the river on your right, turn left into
LEASES
Keswick’s main retail area (Station Street) where Casa
22 Station Street – Held on the balance of a 20-year Bella will be seen prominently on the left-hand side of
lease from 2 April 2012 on an internal insuring and the road, just after WH Smiths.
repairing basis.
24 Station Street – Held on the balance of a lease from
14 July 2012 to 6 April 2026 on a Full Repairing and
Business
22-24-26 Station Street, Keswick, CA12 5HF Colliers 4
Casa Bella Restaurant & Gelateria
Business
22-24-26 Station Street, Keswick, CA12 5HF Colliers 5
Casa Bella Restaurant & Gelateria
Business
22-24-26 Station Street, Keswick, CA12 5HF Colliers 6
Casa Bella Restaurant & Gelateria
IDENTITY CHECKS
In order to comply with anti-money
laundering legislation, the successful
purchaser will be required to provide
certain identification documents. The
required documents will be confirmed
to and requested from the successful
purchaser at the relevant time.
Further Information
For further information or to arrange an inspection of the property, please contact:
Haydn Spedding (Consultant) Chancery Place
+44 7881 914867 Brown Street
haydn.spedding@colliers.com
Manchester
M2 2JT
Disclaimer
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details
are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or
otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property.
(February 2021) Colliers International is the licensed trading name of Colliers Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number
OC385143. Our registered office is at 50 George Street, London W1U 7GA.
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