POPULAR AND THRIVING FOOD LED INN LOCATED ADJACENT TO THE FAMOUS CATHEDRAL

Price:

Leasehold - £175,000

Seller Ref:

6664L

Location:

Lincolnshire

Business Type:

Pubs

See Other:

Pubs for sale in Lincolnshire
Pubs for sale in Lincolnshire

Description:

THE BUSINESS:

Prominent roadside location overlooked by the towers of the historical and famous Lincoln cathedral.
Good sized Restaurant/Dining Area (circa 46) with open plan Bar area (circa 30) with T.V.s, and open through feature gas fire.
Substantial 3 bedroom owners' accommodation.
Awning covered heated smoking area with separate patio/drinking area at the rear of the building.
Advised turnover circa £611,000 (incl. VAT) for year ending May 2010.
Trade 70% Food; 30% Wet.
Fully tied renewable lease with rent at 4.9% of turnover.

AN EXCELLENT OPPORTUNITY TO ACQUIRE A THRIVING PROFITABLE WELL ESTABLISHED BUSINESS IN A DESIRABLE HISTORICAL LOCATION.

ASKING PRICE £175,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.