A popular Lake District restaurant has had its price reduced by £30,000.

Nicholas and Rachel Putman, who have run the Wild Olive in Gosforth for 10 years, originally put the restaurant and takeaway on the market for £445,000 in November.

They said it was time to move on and wanted to concentrate on their holiday park business.

However, agents Christie & Co said this week it has reduced the asking price to £415,000 for the 60-cover restaurant, which also has space for 20 diners on its patio area.

Keith Stringer, director at Christie & Co is handling the sale.

He said: “The business is currently run under management, giving the potential to reduce costs in order to increase profitability – a good proposition in light of the reduced asking price. There is also the possibility of further increasing revenue by extending the limited seasonal opening hours and further developing the takeaway pizza aspect of the business.”