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The Plough, Market Place, Binbrook, Market Rasen, Lincolnshire, LN8 6DE

£295,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Vacant Pub and Restaurant
  • Popular Lincolnshire Wolds Position
  • Prominent Frontage and Spacious Accommodation
  • Outside Decked Seating and Beer Garden
  • Commercial Kitchen
  • Energy Rating D
  • Christie & Co Ref: 5752386

Description

Location

The Plough is located in the beautiful Lincolnshire Wolds. It is approximately 9 miles from Louth, 12 miles from Grimsby and around 25 miles from Lincoln. Market Rasen Racecourse is approximately 10 miles and the nearest Train Station is 8 miles. A significant advantage of The Plough is the limited number of nearby pubs – at the time of writing the immediate surrounding areas including Brookenby do not have a serving pub making The Plough an ideal opportunity. The population of the Binbrook ward is circa 2,400 people with the surrounding Wolds and Brigg area containing over 11,000 residents.

Fixtures & Fittings

The fixture and fittings are included within the sale.

Accommodation

• Circa 56 internal covers
• 2 snug areas and a main bar/dining area with snooker table
• Commercial kitchen
• Generous car park and outside trading area
• First floor living accommodation
• Customer toilets and good-sized cellar
• Outside decked seating and beer garden circa 40 covers

The Opportunity

The Plough is a village pub and restaurant with a prominent frontage located in a central position. This competitively priced freehold opportunity requires internal inspection to appreciate the space and opportunity available. Available with vacant possession, there is a good-sized trading area including two snug areas and a further main bar area which could accommodate over 50 covers in total. In addition, there is a sizeable outside area providing potential further seating for around 40 covers.

Traditionally the site has operated as a wet led business serving a variety of local teams, offering live sport showings and also gaining visitors from local attractions including Cadwell Park, Hubbard’s Hill Park and the large number of visitors to the Wolds for its historic sites, walks and bike rides.

Viewing is recommended to appreciate the full offering, the opportunity and its position.

Business Rates

The 2023 Rateable Value has been assessed at £8,500. 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 Plough, Market Place, Binbrook, Market Rasen, Lincolnshire, LN8 6DE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Market Rasen Station7.2 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

These notes are private, only you can see them.

Disclaimer - Property reference 5752386-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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