17th century pub for sale near Hadrian’s Wall for £395,000
The Belted Will Inn is on the market for ?395,000. It's located in the picturesque village of Hallbankgate, about three miles from Brampton[1] and 12 miles from Carlisle[2]. The former temperance hotel is constructed of local stone with a pitched slate roof and is home to original features, including exposed timbers.
It was named after Lord William Howard of Naworth castle. The pub, which offers real ales, a restaurant space and letting rooms. The inn is in an area of high footfall due to its proximity to popular tourist attractions like Hadrian's Wall, the North Pennine Fells, Tarn Country Park, and RSPB Geltside.
It reported a net profit of ?266,222 for the year ending March 2022, with 60% of this coming from food sales. Room bookings range from ?89 to ?139 per night, with occupancy levels reaching approximately 70% during the spring and summer months. The inn also operates on limited hours due to family commitments, and there is potential for future growth.
The business could be well-suited for an aspiring chef or a family looking for the perfect work-life balance. The main bar can accommodate 30 people and the two-section restaurant 60, with original features and exposed timbers. The inn is well-equipped with five ensuite letting rooms and has two-bedroom owner's accommodation.
Planning permission has been approved to be converted into two residential homes. Providing great links to important transport lines, the property is located on the A689 Brampton[3] to Alston road, which provides connections to the A69 Carlisle[4] to Hexham road and the M6 and A7 motorways. The property is available as a freehold for ?395,000, or as a leasehold for the 'region of ?40,000.'
The North Pennine Fells, Tarn Country Park, and RSPB Geltside are all within easy reach as well as Lakes District National Park. Hallbankgate is a former coal and lead mining village. Limestone is quarried here and it once had a gasworks and a forge.
The village straddles the A689 Brampton to Alston road which links to the A69 Carlisle to Hexham and the M6 and A7 motorways.