17th-century Culgaith pub flies off the market
A pub in Cumbria that dates back to the 1600s has flown off the market from a six-figure asking price.
The Black Swan Inn, located in Culgaith, was sold by real estate advisory firm Colliers International on behalf of the business’ previous owner, Eden Valley Inn Limited.
Stephen and Jacqueline Harvey, who live in nearby Stainton, by Penrith, acquired the pub from its asking price of £475k.
The Black Swan Inn features seven en-suite letting bedrooms, a 36-cover restaurant and bar area, and a two-bedroom owners’ flat.
The sale was secured by Haydn Spedding, an associate director with the specialist hotels and licensed property team at Colliers’ Manchester office.
He commented: “Our sale of The Black Swan Inn provides further evidence of ongoing confidence among buyers in the Cumbria hospitality market, with recent research by Cumbria Tourism highlighting excellent levels of room occupancy throughout the county.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work