3 bedroom pub for sale

LINCOLNSHIRE

£249,950

Property Description

Key features

  • Village location close to Cadwell Park, Horncastle & Louth sitting directly on the tourist inundated A16.
  • Lounge/Dining (circa 36+ covers) is open plan with 3 exposed brick built fireplaces with inset log burners.
  • Stylish adaptable Games Room (circa 28+).
  • Fully equipped & recently fitted Commercial Kitchen with 5* EHO rating.
  • Owner's Accommodation with 3 double bedrooms.
  • Patio Garden overlooking the Grade II listed Buttercross Hall & flowing brook.
  • Large grassed paddock suitable for caravan/camping with rolling Lincolnshire Wolds countryside views.
  • Trade split previously approx 45% Food; 55% wet sales.
  • This business is currently closed.

Full description

Tenure: Freehold

REF 7580 FREEHOLD

A WELL PRESENTED REFURBISHED FREEHOLD INN LOCATED IN AN AREA OF NATURAL BEAUTY OFFERING FURTHER UNTAPPED POTENTIAL

LOCATION
The business is located in the lovely picturesque Lincolnshire Wolds village of Burwell sitting directly on the main A16 that runs between the vibrant capital market town of the Wolds - Louth (5 miles) and Boston (27 miles). The Grade II listed Burwell Buttercross sits outside the front of the property and having been converted into a dovecote that once acted as the village hall. The historic market town of Horncastle (13 miles) and Spilsby (10 miles) are within easy reach and the action packed motor racing circuit of Cadwell Park is only a stone's throw away. The East Coast resort of Skegness is 18 miles away and the property sits on one of the main tourist routes leading there. The main motorway link is the M180 to the North leading to the M1 motorway with the A46 also close by. The historic city of Lincoln is 31 miles away where the popular tourist attractions of Lincoln Castle & Lincoln Cathedral can be found.

THE PROPERTY
This two storey village inn is of brick construction with an attractive Rosemary tile facade and dates back to c1850. The property sits under a pitched, tiled roof directly on the A16 running through Burwell village.

A small entrance porch to the front and an entrance to the side provide access to all the trading areas. This consists of:

Open Plan Lounge/Dining area (circa 36+ standing) has recently been refurbished to a modern and contemporary style providing a warm and relaxed atmosphere. The room has loose tables and chairs complimented with attractive leather tub chairs and settees positioned throughout. A mix of carpet and natural slate flooring and 3 exposed brick built fireplaces all with built in log burners add to the ambience. There is also an attractive central Bar Server of brick construction with 2 cask hand pulls to service all areas and a wall mounted HDTV. Leads to:

Games Room (circa 28+ standing) leads off from the main trading area and is a bright and spacious room. The room has an attractive hardwood floor, a central pool table and loose tables and chairs around the perimeter. There is also a darts throw, rings game, a wall mounted HDTV and access out onto the slabbed patio garden area. This is an adaptable room that could also be used for dining if so desired.

There is a recently refurbished fully equipped Catering Kitchen, (equipment not tested) with 5* EHO rating and stainless steel appliances and surfaces. There is a separate dry store, utility and
wash up room leading directly off.

Part below ground floor Beer Cellar with python, remote etc.

Ladies & Gents WC.

OWNER'S ACCOMMODATION
The owner's accommodation is located on the first floor and is currently in the middle of being modernised by the present owners. This briefly consists of 3 Double bedrooms (1 being En-suite), Lounge/Office and a bathroom.

EXTERNAL
To the rear of the property is a spacious slabbed and gravel patio drinking area with wooden arbours, overlooking the attractive Grade II listed Buttercross Hall and adjacent flowing brook. Also to the rear is a spacious stand-alone brick built outbuilding that could be converted to provide 4 En-suite letting rooms (STPP) and the patron's large gravelled car park for circa 20+ cars. To the side of the property is a large grassed area with rolling Lincolnshire Wold views that would suit adaptation to utilise a caravan and camping offer (subject to relevant approvals).

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Mon - Sun 9am to 12.30am

Current opening hours are:
The business is currently closed.

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS
The property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected (no services tested). Business rates payable are advised as being circa £NIL per annum.

THE BUSINESS
The current owners purchased the business in May 2013. After totally refurbishing the kitchen and trading areas to a modern and contemporary style their personal circumstances changed and they have reluctantly decided to move away from the industry. The business is currently closed however offers quality comfortable trading areas and a fully equipped kitchen that would ideally suit a chef owner/operator. We are advised that accounts declare takings of circa £35,269 (incl. vat) in the year to end August 2014 however the business traded on minimal opening hours purely through personal and lifestyle choice. New owners could introduce a quality food and drink offer whilst exploring the obvious potential to create a letting and camping/caravanning offer as an additional high margin income to the business. There is limited accounting information available however this will be made available to interested parties after viewing.

The property was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07527 718400.

Viewing appointments must be made via Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.


Energy Performance Certificates (EPCs)

Nearest station

  • Thorpe Culvert (13.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Thorpe Culvert (13.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7580. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds, National Licensed Property Agents. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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