Hare & Hounds, Grange Over Sands

I am looking for an experienced licensee with experience and knowledge of running a multi faceted business. This individual or couple must be willing to embed themselves within the community and support locals, as well as championing marketing and social media to attract tourists. This is a rare opportunity for someone to take on a pub with this level of untouched revenue and must be able to produce a flawless business plan to unlock the potential of this gem. A higher level of funding will be required, given the amount of income streams the Hare & Hounds has to offer. There is also a free of tie option available.

The Hare & Hounds is a charming and historic 17th-century coaching inn located in the picturesque hamlet of Bowland Bridge, just a few miles east of Lake Windermere and around 10 miles from Grange-over-Sands. Steeped in history, the pub has evolved from its coaching inn roots into a beloved locals’ pub, and, in the 1990s, was thoughtfully expanded into a hotel, pub, and restaurant. Today, The Hare & Hounds enjoys an award-winning reputation for delivering exceptional food, a welcoming atmosphere, and genuine hospitality. It features five beautifully appointed letting rooms, making it a sought-after destination for both visitors and locals alike. Set in the tranquil Lake District countryside, Bowland Bridge is accessible via scenic local roads off the A6 and A590, with convenient motorway connections via the M6 and M65. Public transport links include a regular bus service through the hamlet and the nearest train station at Windermere, just 5 miles away.

Pub Layout

On entering this charming pub, to the left you are welcomed with a comfy snug with cosy fixtures and fittings, complete with an open fire place which is exceptionally popular on the cooler days and this area is serviced by the delightful bar slightly to the right. To the right hand side, you will find the dining area, a mixture of traditional seating, quirky furnishings, all beautifully decorated, with enough space for around 50 diners. Directly in front of you when entering the pub is access to the wonderful letting rooms located on the first floor. There is a patio to the front of the pub with four tables and to the right hand-side there is a fantastic beer garden with dramatic and uninterrupted views of the surrounding countryside. There is an outside bar serving the beer garden which has enough space for a further 50 covers

The Hare & Hounds is the definition of a Country Inn, with its exceptional location, beautiful letting rooms, traditional drinking area and fantastic premium food offer. The trade here is currently a 70/30 split towards the food side of the business. The five beautiful letting rooms provide a significant amount of additional income to the pub. They’re in great condition and get rave reviews, providing a perfect stay for customers.

Private Accommodation

There is no private accommodation at this pub.

Trade Accommodation

Located on the first floor of the pub and accessed through the main entrance are the beautiful letting rooms. There are five double rooms in total, all with en suite bathrooms, decorated to an exceptional standard.

Annual Rent: £35,000

Security Deposit: £10,000

Working Capital: £10,000

Stock: £5,000

Fixtures and Fittings: To be confirmed upon valuation  – funding options available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *