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Jesters Bar

7 Victoria Road, Mablethorpe, Lincolnshire LN12 2AF
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Ref: 5752373
Freehold£400,000
Leasehold£50,000
Pacht p. a.£35,000

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Jonty Green
Jonty GreenBusiness Agent

Auf einen Blick

  • A town centre sports bar
  • Friendly and relaxed all year-round venue
  • Well maintained and positioned
  • Generous internal seating capacity
  • Outbuildings and storage
  • Energy rating C
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Jesters Bar
7 Victoria Road, Mablethorpe, Lincolnshire LN12 2AF
Ref: 5752373

Jesters Bar

Beschreibung

To the front of the venue there is a good sized external covered seating area which leads to the main bar area. This is a fantastic size with a large bar servery, seating booths, tables, pool tables, dart boards all surrounded by good sized televisions showing a range of sporting events. To the rear there is a further bar area ideal for parties, theme nights and party functions, this area leads to a second outside seating area. To the ground floor there is a cellar, customer toilets and an extensive storage area which could be potentially used to extend the capacity or converted into a commercial kitchen (subject to the normal permissions).

Lage

The venue is set on Victoria Street in the heart of Mablethorpe, a short distance from the front and ideally placed for visitors to the area or local residents. Mablethorpe is a busy seaside town located on the east coast with East Lindsay in which a reported benefit of over £160m was spent in cafes, restaurants and bars in 2022. The area has a popular beach frontage, numerous caravan and holiday parks as well as circa 7,500 local residents.

Ausstattung und Inventar

These are to be included within the sale.

Das Objekt

Jesters Bar is a family run sports bar located in the heart of Mablethorpe. It is a long-established business with a strong wet lead trade with c.270-300 beer barrels being consumed per annum, a 4am licence, flexible seating areas internally and with 2 outside spaces. It has been well maintained and constantly improved by the owners and is fans favourite for watching popular sports. There is further opportunity to expand and diversify the venue due to its large storage areas and outbuildings which would lead to further adding to its already strong financial performance. Viewing is therefore strongly recommended.

Operative Daten

The accounts for March 2023 show a Turnover of just over £400,000, Gross Profit of over £100,000 and Net Profit of £43,535 and an EBITDA of over £65,000. These accounts are available on request to serious, pre-registered interested parties only.

Besitztitel

We are seeking either a Freehold Sale or a new Lease to be granted by the landlord.

Grundsteuer

Rateable value £25,500 from 1st April 2023.

Lizenzen/gesetzliche Bestimmungen

The Premises is fully licenced and free of tie.