Cumbria's Punch Bowl sold for £600,000

10 January 2005 by
Cumbria's Punch Bowl sold for £600,000

Chef Steven Doherty has sold his Punch Bowl gastropub in Cumbria to the owners of another noted Lake District pub-restaurant, the Drunken Duck near Ambleside.

The sale price of the Punch Bowl is understood to be about £600,000.

Doherty was head chef of London's Le Gavroche restaurant in the mid-1980s. He moved to the North England to open the critically acclaimed Punch Bowl in 1995.

Doherty took on a role last year to run the in-store restaurant of Windermere domestic kitchen equipment business Lakeland.

The company plans to expand its current 24 nationwide shops to 30 by the end of this year, with quality dining a growing part of the business.

The Windermere store has a restaurant seating capacity of 100 and is regularly serving 700 covers a day with a weekly turnover of £3,000.

Joint owner of the Drunken Duck Paul Spencer said the Punch Bowl would close for three to four months to have eight bedrooms added and a refurbishment of the restaurant and bar area.

Spencer added that the Punch Bowl would continue with the same high quality of food in the restaurant, but would develop a traditional British food menu in the bar area.

Buy this week's Caterer magazine for more industry news and analysis

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking