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UNDER OFFER

Lincolnshire - Stone Fronted Extremely Profitable Pub & Restaurant

Offers in Region of
£350,000

Business rates & charges may apply

Sidney Phillips Limited, East
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments, B1 Business, sui_generis_1, sui_generis_2 and Sui Generis

A3, A4, B1, sui_generis_1, sui_generis_2, sui_generis_3

Key features

  • Stone fronted two-storey detached freehouse and restaurant
  • Main bar (32), restaurant (30), games room & snug (16)
  • Detached garden/function room (28) & trade garden (24)
  • Commercial kitchen & two room ground floor cellar
  • Four double bedroom high specification private accommodation
  • Children's play area & car park (18)

Description

Four bedroom detached public house and restaurant, benefitting from a car park and trade garden. The property is available freehold alternatively the landlord will consider the creation of a new lease agreement on the following terms:

TERM: New 7 year lease.
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Assignable with landlords consent
RENT: Annual rent £30,000, paid monthly in advance
RENT REVIEW: No reviews
REPAIR LIABILITY: Full repairing and insuring lease agreement
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
DEPOSIT: Equivalent to three months rent
LANDLORD INSPECTIONS: Quarterly basis

Lincolnshire - Stone Fronted Extremely Profitable Pub & Restaurant

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ruskington Station2.7 miles
  • Metheringham Station4.1 miles

About Sidney Phillips Limited, East

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 93569. 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 Sidney Phillips Limited, East. 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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