Available
Maryport – Public House
The Phoenix Tap, 66 High Street, Maryport CA15 6BGFreehold Public House Investment
Price
£225,000
Rent P.A.
£18,200
Yield
8.09%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
3y 11m
Area
1,937 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises public house with beer garden and 3-bed owners' accommodation above
- Situated within 2 min walk from Maryport Marina and 8 min walk from Maryport Train Station
- Occupiers close by include Post Office, Betfred, Hotels, Café, Restaurants and more.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
Comprises ground floor public house with bar & dining areas. The property includes 3-bedroom owner`s accommodation at first floor and provides the following accommodation and dimensions:
Ground Floor: Open plan bar & lounge, ancillary, wc`s
Basement: Cellar and storage
First Floor: 3 Bedrooms, lounge, kitchen, bathroom
Total area size 180 sq m (1,937 sq ft)
Ground Floor: Open plan bar & lounge, ancillary, wc`s
Basement: Cellar and storage
First Floor: 3 Bedrooms, lounge, kitchen, bathroom
Total area size 180 sq m (1,937 sq ft)
Tenancy Description
The property is at present let to Ashley James Pubs Ltd (with personal guarantee) for a term of 6 Years 11 Months from 6th April 2022 at a current rent of £18,200 per annum and the lease contains full repairing and insuring covenants. Rent review on 06.04.25 and 06.04.28 open market upward only. Tenant option to determine on 06.04.25 with min 6 months notice. Deposit held of £3,500.
Tenancies & Accommodation

Location Description
Maryport is a historic town on the Cumbrian coast, on the A596, 5 miles north of Workington and 20 miles west of Keswick and The Lake District. The property is situated in the heart of the town centre, within 2 min walk from Maryport Marina and 8 min walk from Maryport Train Station. Occupiers close by include Post Office, Betfred, Hotels, Café, Restaurants and more.