Pub

Description

The pub has a charming aesthetic and plenty of characterful features The pub has a cosy bar in the entrance, leading to a dining area with c.30/40 covers to the rear, which are turned over several times a day. The pub boasts a beautiful courtyard beer garden to the rear that can nearly double trading opportunities. The pub has a modern kitchen that was renovated recently, customer toilets and two-bedroom manager’s flat.

Localisation

The pub is located on the main high street in a town centre in Lincolnshire, with a population of between 15,000 and 20,000 at the last census. The pub attracts a wide local catchment as well as tourists due to popular surrounding areas.

Parties communes

• Cosy bar area at the front • C. 30/40 cover dining area • 2-bedroom manager’s flat • Modern commercial kitchen • Large beer cellar in basement • Customer wc’s • Former kitchen area suitable for alternate use

The Business

The pub is currently generating a turnover of £682,000 pa that is a near 50/50 split for wet/dry takings. Seasonal trade improves turnover significantly with the benefit of a large beer garden. The pub has a fantastic connection with the local community with several societies and sports teams using the pub as a meeting point. The pub is well known for its local ales, with a couple of regular fixtures but many rotating lines. We are advised that beer consumption is in the region of 270 BB pa with two deliveries per week.

Logement de fonction

Above the pub is 2-bedroom manager’s flat, accessed through the centre of the pub.

Le bien

The kitchen renovation has left the previous kitchen sitting redundant and serves as overflow storage. New operators could benefit from converting the old kitchen into new customer wc’s, before converting the existing wc into increased dining space, which could double internal covers.

Performances de l'actif

The most recently submitted P&L to March 2025 show a turnover of £682,000, with gross profit of £352,000. Further trading information and staffing can be available on request.

Typologie

The premises are available freehold. Please contact the Sole Selling Agent for further information.

Tarifs

Business Rates - £17,500 effective date 1st April 2023.