Lincolnshire Village Free of tie Leasehold Pub For Sale - Between Boston & Skegness, Lincolnshire, United Kingdom
 
Advert Ref: Rising Sun
 
 
Add this business to my shortlist >>
 
 
Business description
We are delighted to be able to offer for sale this delightfully presented Free of tie Public House situated some 9 miles from Boston in Lincolnshire. The premises benefits from a very prominent roadside position on a main tourist route. Being the only pub in the village (population c3000) the business presents a very rare combination of rural lifestyle with plenty of passing trade to take advantage of. A significant amount of refurbishment work has been carried out over the last few months leaving the new owners the opportunity to benefit greatly from the hard work that the existing owners have put in. The pub is well supported locally and has 3 regular darts teams, a pub quiz is run every Sunday and as is so often the case in a rural community the village pub is the heartbeat of the village.
There are 2 bar areas and you immediately notice as you walk into the property the traditional look and feel of the pub. Everything is just exactly as it should be in a village pub. The cozy public bar to your left has a pool table and fixed banquette seating. The main bar has a mixture of fixed and free standing chairs tables and sofas. Both bars are comfortably served from a single central servery. The main bar provides plenty of scope for diners not wishing to use the dining room to be accommodated
The dining room extends from the rear of the property into a light and airy conservatory. Current capacity of the dining room is 16 covers, however there is ample space to increase the size of the conservatory. The dining room has patio doors which lead to the beer garden.
There is car parking to both sides of the property with additional overspill parking available on the other side of the road. to the rear of the property is a huge beer garden with patio. The beer garden measures approximately eighty feet deep and and one hundred and fifty feet wide. There is an outside storage area for barbecue equipment. There is also a static caravan in the beer garden, planning permission exists for this and it does provide a regular income stream for the business. The living accommodation to the first floor comprises 2 bedrooms, lounge, bathroom and kitchenette. Professional advice has been taken regarding the addition of three en-suite bedrooms to the first floor, although no plans have been drawn or planning permission applied for there is no architectural reason why this would not be possible.
Trade is increasing year on year, current trade is 75/25 wet/dry with food revenues increasing steadily. Turnover is approximately £150,000 nett of vat. For further information please contact Thompson Parsons.
 
 
Property
Leasehold
 
 
 
 
 
Financial Details
Asking price:
£39,995
 
Sales revenue:
£150,000