FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
Property details
Situated in Sandgate, just outside Penrith town centre, the Grey Goat sits within a residential area and benefits from regular local trade. The pub is within walking distance of the local market town and the Castle, which benefits from the year-round tourists visiting the area.
The Grey Goat is a well‑established community pub with a loyal local following. Internally, the pub is split into two main trading rooms. One offers more of a lounge feel, while the second is dedicated to sports and games, with pool and darts teams based at the pub and screens for live sport.
Outside, there is a yard area with a smoking solution, providing additional customer space. The layout supports a drinks‑focused, social offer with a strong emphasis on teams, sport and being at the heart of the community.
The pub includes three bedrooms, along with a private kitchen and lounge, all of which will be fully upgraded as part of the planned refurbishment.
FindMyPub.com
Team Games
FindMyPub.com
Pool Area
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
Trading style
A Well‑Known Local Ready for a Full Transformation. Take on a community pub with strong local support and real potential in Penrith.
A full refurbishment is planned, subject to full approval, which the landlords are keen to complete with the successful applicant. The plan is to include internal and external upgrades, including new fixtures and fittings, alongside extensive works to the private accommodation.
Once complete, the Grey Goat will look and feel like a new pub, giving an incoming operator the chance to relaunch a modernised outlet while retaining its local character.
This opportunity would suit an enthusiastic, customer‑focused publican looking for a well‑loved pub with untapped potential.
Local knowledge is preferred, but more importantly, the landlords are looking for someone who is experienced in creating a welcoming community pub. Someone who enjoys building strong local connections through charity involvement, sport, teams, and entertainment, while delivering good service and standards, will thrive here. Confidence using social media to promote the pub and its relaunch will be a real benefit.
Key financials
-
Reference Number:
9MTS0A / 201771
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£6,125.00
-
Annual Rent:
£23,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Financial Information:
- Deposit = £5,750
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £48
- Working Capital = £5,000 - £7,000
Business Information:
- Annual Rent = £23,000
- Forecasted Annual Wet Turnover = £294,671
- Forecasted Annual Other Turnover = £1,950
- Agreement = Flexible Tenancy