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Kings head, Tealby - Marston's

Price:
Leasehold - £27,000
Seller Ref:
1532
Location:

Lincolnshire , Markey Rasen, Tealby

Business Type:

Pubs

See Other:
Public houses for sale in Lincolnshire
Pubs for sale in Lincolnshire
Pubs for sale in Lincolnshire
Description:
THE BUSINESS:
Located in the affluent village of Tealby

Award wining, superb destination food site

Separate trading areas for a more intimate dining experience

Large garden areas to accommodate summer alfresco dining

Overview
Nestled in the Lincolnshire village of Tealby the Kings Head is the oldest Thatched Pub in Lincolnshire. Award winning for it’s quality locally sourced food the Kings Head is a popular village pub, local restaurant and destination hot spot.

Agreement
Available on a 5 year Pathway Agreement with a rent of £24,000 per annum and a £50 per barrel discount on ales, lagers and ciders whilst Marston’s retain responsibility for external repairs.

* The amount of capital required would be less if the Fixtures and Fittings are purchased on a Conditional Sales Agreement where payment is made over an agreed period of time, to ease initial costs.

Trading area
The Kings Head is an attractive pub both inside and out with lots of endearing features perfect to enjoy traditional, high quality food and ales in more intimate and personal surroundings. The pub comprises of multiple trading areas all served by one central bar. The bar area is perfect for drinkers, ramblers and diners. The dining area has room for 30 covers, with a further 40 in the restaurant and is perfect for private parties. Outside the pub benefits from a large beer garden with a range of seating and a private customer car park.

Customer Base
The Kings Head attracts diners from surrounding Lincolnshire villages, attracting regular and returning custom. The pub is popular for good quality locally sourced food and many visit following the recent success of the Kings Head being named winner for Best Food Pub 2011 in the East Midlands with the Morning Advertiser.

Business Potential
For the new tenant there is a fantastic opportunity to continue the success of the Kings Head by building its current trade through new initiatives, staff development and sourcing local food. There is also opportunity to develop a steady community based drinking trade.

Successful Candidate
The Kings Head would suit an entrepreneurial catering and hospitality operator who can offer unblemished standards, personable welcomes and give their customers as much quality attention as the service and food on offer.
Lease Terms:
http://www.marstonspubcompany.co.uk/RunYourOwnPub/PathwayTenancy.aspx
Accommodation:
This provides 3 bedrooms; lounge, kitchen and bathroom all in sound condition and with some redecoration would offer a comfortable living space.
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