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Traditional Pub And Restaurant With A Caravan And Camping Site For Lease

Louth, Lincolnshire, UK
Freehold Price:
On request
Lease Asking Price:
On request
Sales Revenue:
£510,616
Cash Flow:
Available on request

Riley Bar and Restaurant T/A The Waggon and Horses in South Reston is a traditional Lincolnshire freehold country pub.

The business has serviced the village for over 130 years and has become extremely well-known in the broader county of Lincolnshire.

There are three trading divisions of the business, including a pub/restaurant, a village store and a caravan and camping park which is regularly in high demand.

The county pub has a wide selection of real ales, pub games, light bites and snacks. The restaurant offers an array of different special dishes and is known for its popular Sunday carvery. Our clients are passionate about food and ensure that every dish is prepared to order using only the best locally sourced ingredients.

The restaurant and bar area can hold an approximate 90 covers, with an attractive conservatory to the back that is often used for private events.

The village store is situated next to the bar which sells convenience goods, newspapers and magazines and is free of tie. Customers have to walk through the bar to reach the retail shop, which naturally compliments bar sales via the increased footfall. Overall, the business is essential to the village and is a real hub for the local community.

The business also offers a caravan and camping area in a plot of land, which is just over an acre in size. It benefits from electric hook-ups, as well as toilet and water facilities. There is significant scope for further growth for the site and it complements the pub, restaurant and village store.

Alongside the commercial element of the business is a modern flat that is currently used for owner’s accommodation.

The Waggon and Horses has an informative website and has received excellent customer reviews on TripAdvisor. In the past, there has been little requirement to advertise due to the regular and loyal client base from the local area and high levels of tourism. Additionally, the business benefits from little competition in the area.

The business would be well-suited towards an existing industry operator where there is strong potential to continue the successful running of the business by further developing the website and expanding on its social media presence.

For more information about this business, please contact us on this page.

Property Information

Property:

Available as freehold and leasehold

Living Accommodation:

There is a modern flat used for owner’s accommodation that offers three large bedrooms, a living room, a kitchen and bathroom space.

Location:

Louth, Lincolnshire

Premises Details:

The Waggon and Horses is situated in a large and characterful freehold building that has managed to keep many of its traditional features.
The wood panelled lounge bar offers plenty of room, an open fire and a pool table that leads into a 90-cover restaurant with a bright and airy conservatory and comfortable seating to the rear.
The premises also consist of a fully commercial kitchen and toilet facilities.
To the side of the main bar is the well-stocked village convenience store with a server counter and storage space.
There is a modern flat used for owner’s accommodation that offers three large bedrooms, a living room, a kitchen and bathroom space.
Outside is a children's play area with picnic benches. Between the play area and conservatory there is a patio with tables and seating.
The public house is surrounded by car parking with the caravan and camping space being separated from the main buildings by mature trees. The area is approximately one acre of land, with self-sufficient toilet blocks.
We are advised the premises are freehold, with a leasehold option available.

Business Operation

Reasons for selling:

Our clients are offering the business for sale to facilitate retirement plans.

Trading hours:

Saturday and Sunday, 9.00 until pub closes
Restaurant: Monday to Saturday, 12.00–21.00
Sunday, 12.00–14.00, 16.00–21.00

Employees:
The business is operated by our clients and their family members, alongside four part-time members of staff.

Other Information

Leasehold asking price:
On request

Contact Information

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