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The Red Lion, Newton, Sleaford, Lincolnshire, NG34 0EE

£595,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • A Stunning Village Pub with Function Room
  • Ideal for Weddings and Large Parties
  • Beautifully Presented Lettings Rooms
  • Characterful Managers Accommodation
  • Diverse Income Opportunities
  • Good Sized Commercial Kitchen & Storage Areas. Energy rating C
  • Christie & Co Ref: 5752384

Description

Location

The Red Lion is positioned in a rural village a short distance off the A52 which serves Grantham, Sleaford and Boston locally. It is located in the heart of the village which offers stunning views across farmers fields and the site has a stream running adjacent to it. The area is littered with a wealth of things to do and see including; Grimsthorpe Castle Park, local Museum’s, Farm Park’s and the coast is only under an hour away. It is a popular passing point for walkers and cyclists too.

Ground Floor

The Red Lion is unassuming from the initial approach, and we would recommend internal inspection to appreciate its true size and characterful nature.

The restaurant and bar area has approximately 85 covers with a flexible layout to cater for larger and smaller groups. With many of the building’s original features still very prominent it is a very comfortable space to enjoy a Sunday lunch or local beer. The good-sized commercial kitchen is well equipped, nicely proportioned and has lots of storage which would make a large number of covers easily managed.

Other Floors

To the first floor of the original building there is a characterful and well-maintained managers accommodation. It includes 2/3 good sized bedrooms, a lounge, kitchen and bathroom.

Function Room

The function room has been created from two former squash courts and boasts double height ceilings, windows and double doors to the gardens, creating a bright, spacious and relaxed venue for events. Weddings, parties, meetings and conferences have all been held in this space.

Letting Accommodation

There are three highly finished letting rooms as part of this venue; one to the ground floor, ideal for those needing disabled access and 2 further generously sized rooms to the first floor. All the rooms are ensuite, one with a free standing bath. All rooms have been recently decorated and have a good standard of fixture and fittings and would be a treat to stay in.

External Details

The outside space is pretty, has lots of spots for enjoying the food and drink and gives lots of opportunities for photos on any attended special occasions. There is also a large car parking area and more discreet access for deliveries.

The Opportunity

The Red Lion is a picturesque village pub conveniently positioned less than half a mile off the busy A52 running between Grantham, Sleaford and Boston. Offering several opportunities and potential income streams it also benefits from having Managers accommodation with 2/3 bedrooms. Dating back to the 1800’s, the venue has been recently updated and caters for local residents, passing walkers, cyclists and event attendees alike.
This opportunity would ideally suit an experienced and entrepreneurial operator who wishes to benefit from the venues size and potential broad offering as it includes a generously sized bar/restaurant area backed by a well equipped commercial kitchen and appropriately proportioned ‘rear of house’, a sizeable modern function room and 3 letting rooms which have been used by the former tenant as a destination Wedding and Event space.

Trading Information

The venue has more recently been leased and therefore there is no financial information available to share.

Business Rates

Current rateable value (1 April 2023 to present) is £7,500. This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Regulatory

We understand the premises is fully licenced and free of tie.

Energy Performance Certificates

EPC 1

Brochures

The Red Lion, Newton, Sleaford, Lincolnshire, NG34 0EE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rauceby Station5.1 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5752384-fh. 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 Christie & Co, Pubs & Restaurants. 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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