The Plough

Location

The Plough is located in the beautiful Lincolnshire Wolds. It is approximately 9 miles from Louth, 12 miles from Grimsby and around 25 miles from Lincoln. Market Rasen racecourse is approximately 10 miles and the nearest train station is 8 miles. A significant advantage of The Plough is the limited number of nearby pubs – at the time of writing the immediate surrounding areas including Brookenby do not have a serving pub making The Plough an ideal opportunity. The population of the Binbrook ward is circa 2,400 people with the surrounding Wolds and Brigg area containing over 11,000 residents.

Fixtures & Fittings

The fixture and fittings are included within the sale.

The Opportunity

The Plough is a village pub and restaurant with a prominent frontage located in a central position. This competitively priced freehold opportunity requires internal inspection to appreciate the space and opportunity available. Available with vacant possession, there is a good-sized trading area including two snug areas and a further main bar area which could accommodate over 50 covers in total. In addition, there is a sizeable outside area providing potential further seating for around 40 covers. Traditionally the site has operated as a wet led business serving a variety of local teams, offering live sport showings and also gaining visitors from local attractions including Cadwell Park, Hubbard’s Hill Park and the large number of visitors to the Wolds for its historic sites, walks and bike rides. Viewing is recommended to appreciate the full offering, the opportunity and its position.

Business Rates

The 2023 Rateable Value has been assessed at £8,500. This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Regulatory

We understand the premises is fully licenced and free of tie.