The Black Bull at Lowick could be turned into housing because its owners claim it is no longer financially viable as a pub and restaurant.
B&L Properties No 5 Ltd have lodged plans to demolish the pub to make way for a quartet of four-bedroom houses.
Caldecott Consultants, on behalf of the owners, state: “With Lowick being on the periphery of the tourist area its remote nature causes problems in terms of operating a sustainable, year round business and as such has a much more limited operation in the winter months.
“Furthermore, the public house is in poor repair, particularly the conservatory and owing to issues with non-payment, the tenants trading terms have been restricted.
“The Black Bull Inn has been marketed for over two years and only three viewings have been arranged over that period of time. One offer was made on the pub at an inappropriate level for sale, £95,000 below the client target price.
“There is evidence to suggest that the lack of interest in the property has been due to its location and the poor current income as an investment.
“It is therefore considered commercially unviable for this building to function as a sustainable pub, restaurant and hotel business into the future.”
The premises is currently tenanted on a short term lease having been previously occupied on a longer term contract since 2010.
Last year it was awarded a certificate of excellence by Trip Advisor.
The applicants say their proposal would be an aesthetic improvement to the area, replacing a combination of ad-hoc, mismatched buildings with a high quality, sensitive development of residential dwellings.
The proposal also includes provision for 14 parking spaces and private gardens.
“Each property has been carefully designed to protect and enhance the residential amenity of the surrounding area and protect the amenity standards of future residents,” state the consultants.
Originally built and used as a farmhouse from the early 18th century, the inn has offered hospitality to travellers, as well as the local farmers and shepherds, for some 300 hundred years.