Restaurants for sale in Lincolnshire

View the "TRADITIONAL PUBLIC HOUSE & RESTAURANT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £425,000 Price Reduced Annual Turnover: £182,000 Annual Gross Profit: £91,000
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Business Description
Function facilities for weddings/birthdays etc
Early viewing essential to fully appreciate
High amount of regular & repeat trade
Advised annual turnover £182,000
Scope for further development
Genuine reason for sale

Business History

Meridian Business Sales are delighted to offer for sale this traditional public house & restaurant which has been established since circa 1789 and has been in the careful hands of our clients since 2012. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our clients took ownership of the business they have undertaken a full programme of refurbishment meaning that the business is in full walk in condition. They have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £182,000 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks as well as offering a popular hot & cold food menu and catering/hosting functions such as weddings, christenings and birthdays etc. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Tenure: Freehold

Accommodation Details:

Semi-detached character property, briefly comprising: GROUND FLOOR Secure entrance leading to: Bar area Ample seating Fitted bar servery Dining area Ample dining tables & chairs for approximately 22 covers New high end commercial kitchen with cooker, warm cupboard, coffee machine, 2x microwaves, ceramic griddle, griddle, pizza oven, bain-marie, walk-in larder, 2x chest freezer, 2x tall freezer, 3x fridges, fridge freezer, pot wash, stainless steel preparation areas. Function room 2nd kitchen for bar Ladies & gents toilet facilities Small store selling a range of gift/fancy goods Office Store rooms FIRST FLOOR 4x bedrooms (1x double en-suite), large lounge, fully fitted kitchen, utility room, bathroom, office/store room lounge/kitchen/diner, toilet & access to roof top terrace SECOND FLOOR Double with en-suite Large double with en-suite EXTERNAL Outside dining for approximately 22 covers, outhouses, beer garden with smoking shelter, boiler room, stables & potential to develop holiday lets STPP

Listed by: Meridian Business Sales Limited
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