Restaurants for sale in Lincolnshire

View the "PROFITABLE 'FREE OF TIE' INN" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £89,995
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Business Description
Traditional inn in prime village location only 2 miles from the market town of Spalding with Stamford, Bourne & Market Deeping in easy reach.
Main Bar (circa 30+) with comfy seating, air conditioning/heating system & feature log burner set in a lovely exposed brick built fireplace.
Lounge/Dining (circa 30 covers) with air conditioning/heating system.
Restaurant/Function Room (circa 60+) on the 1st floor with exposed wooden ceiling joists & carvery units.
3 bedroom Owners Accommodation.
Decked and Grassed Drinking Areas to the rear of the property plus large Car Park for 50+.
Advised turnover circa £500,241 (incl. VAT) for year ending 31st March 2014.
Trade 60% Wet 40% Food sales.
Totally 'Free of tie' renewable lease with highly attractive rent of only 7% of Net turnover.

A RARE OPPORTUNITY TO ACQUIRE A THRIVING PROFITABLE BUSINESS OFFERING FURTHER POTENTIAL AVAILABLE FOR THE FIRST TIME IN 23 YEARS.

ASKING PRICE £89,995 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
Tenure: Leasehold

Listed by: Guy Simmonds
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