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Beer Garden
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External Drinking Area
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Function Room
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Letting Rooms
Property details
Greystoke is a well‑known and picturesque Lakeland village, surrounded by countryside and within easy reach of Penrith and Ullswater. The area attracts a steady mix of locals, walkers, cyclists, and tourists, with strong year‑round appeal. The village itself is rich in history, with Greystoke Castle, famously linked to the legend of Tarzan, bringing additional interest and visitors to the area. Its location near the Lake District ensures consistent footfall, with plenty of opportunity to grow both daytime and evening trade.
Food already plays a role in the business, with a clear opportunity to deliver a simple, well‑executed offer that complements both local and visitor trade. The pub has built a reputation for live music, particularly on Sunday afternoons, creating a lively but relaxed atmosphere that brings in both regulars and visitors.
Inside, the pub offers separate trading areas, including a main bar and lounge arranged into distinct spaces, along with an additional room currently used for dining (around 40 covers). Original features such as exposed beams and open fires give the pub a warm and welcoming feel throughout. A key feature is the purpose‑built “Oak Room” function space, complete with its own bar and doors opening directly onto the garden. This space is ideal for private events, celebrations, and group bookings, and adds a valuable additional income stream.
Upstairs, the pub benefits from four letting rooms, all finished to a good standard and already seeing regular bookings, particularly during peak seasons.
Outside, the Boot & Shoe offers a large beer garden, including lawned areas, outdoor seating, and space for families, alongside additional seating to the front overlooking the village green and local monument.
The private accommodation consists of two bedrooms, a kitchen, and a lounge.
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Live Entertainment
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Experienced Operator
Trading style
The landlords plan a significant refurbishment, subject to full approval, enhancing both the internal and external look of the pub. The focus will be on updating décor and design while retaining the traditional character and charm that make the Boot & Shoe such a popular destination.
This opportunity will suit a capable, community‑minded publican or partnership who can balance local trade with strong visitor demand.
Experience in managing food, letting rooms, and events will be important, along with the ability to deliver consistent standards across all areas of the business. Someone who enjoys being visible, building relationships, and making the most of opportunities such as live music, functions, and tourism will do well here.
Confidence in promoting the pub and showcasing its full offering, including rooms, events, and its unique location, will help unlock its full potential.
Key financials
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Reference Number:
9MTS0A / 201767
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£12,250.00
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Annual Rent:
£47,500.00
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 = £11,875
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £164
- Working Capital = £8,000 - £10,000
Business Information:
- Annual Rent = £47,500
- Forecasted Annual Wet Turnover = £342,900
- Forecasted Annual Food Turnover = £234,057
- Forecasted Annual Letting Room Turnover = £93,427
- Forecasted Annual Other Turnover = £13,878
- Agreement = Flexible Tenancy