The Red Lion Inn

Skegness Road, Partney, Spilsby, Lincolnshire PE23 4PG
Ref: 5752367
Freehold£650,000

Contact Our Agent

Jonty Green
Jonty GreenBusiness Agent
Brochure

At a glance

  • Village location in the Lincolnshire Wolds
  • Well maintained substantial sized property
  • Approximately 10 miles from the east coast
  • Bar, restaurant and 5 en-suite lettings room
  • 4 star accommodation, 5 star hygiene rating
  • Large external seating area. potential for alternate use (STP). EPC rating D
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Ref: 5752367

The Red Lion Inn

Description

The Red Lion is a generous size. It is well maintained and decorated. The accommodation includes a restaurant which can be used in two parts, a good sized commercial kitchen, three double en-suite rooms in the main building with an additional two superior en-suite lettings rooms - one with a wet room and the second with a bath and walk in shower, in a recently built extended part of the site. In addition, there is owners accommodation to the first floor, plenty of storage, a fabulous sized patio and large car park. With a fantastic level of repeat bookings and bookings in advance the rooms provides a great additional income to the bar and restaurant and vice versa. The business would be ideally suited to someone with experience in hospitality or a client potentially entering into the industry for the first time and that could benefit from the platform the current owner has built.

Location

Positioned in the centre of Partney village, near Spilsby, close to the A16. This versatile business is well located for the East Coast and Skegness and all its attractions, the Lincolnshire aviation centre, the Skegness Railway, Gibraltar Point, numerous wildlife parks, National Trust sites and much more.

Internal Details

• Good sized Commercial Kitchen • Restaurant offering 70 comfortable covers • Five Generously Sized En-suite Rooms • One Bed Owners Accommodation • Potential to extend and further develop the site subject to building and planning regulations

Fixtures & Fittings

These are to be included within the sale.

External Details

• Large Landscaped Patio Area • Car Parking for circa 50 cars • Centre of Village location

Owners Accommodation

To the first floor there is a bright and modern one-bedroom owners flat. The accommodation includes, hallway, kitchenette, good sized lounge, double bedroom and en-suite bathroom.

The Opportunity

We are seeking a serious buyer to take advantage of this opportunity for an incredibly well presented and kept business, with a variety of current uses and significant potential into other sectors, such as a wedding venue (STP). The business is in a fantastic position for a new operator to grow and take the site to the next level, for this well connected and located business. Genuine retirement sale.

Trading Information

This is available on request to registered interested parties.

Business Rates

The current Rateable value from 1st April 2023 is £5,000

Regulatory

The Premises is fully licenced
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