Hotel for sale

The Limes Country House Hotel, Gainsborough Road, Market Rasen, England, LN8 3JW

Offers in Region of £495,000

Property Description

Commercial information

  • Business for sale

Key features

  • 17 en suite letting bedrooms
  • Set in excess of 2 acres
  • Lifestyle business
  • Suitable for redevelopment (STPP)
  • Potential to increase trade
  • Energy Rating D

Full description

Tenure: Freehold

Description

A privately run Victorian country house situated in over two acres of landscaped gardens.

The property comprises 17 en suite bedrooms, nine of which are currently in use.

Additional accommodation comprises a restaurant, lounge/bar, two function suites and a commercial catering kitchen.

There is excellent opportunity for new owners to develop the business, which is currently being run on a very limited basis.

Location

Located in Market Rasen, known for its racecourse, the hotel is situated in a prominent position on the A631, within a five minute walk of the town centre. It lies on the River Rasen, 13 miles north east of Lincoln, 18 miles east of Gainsborough and 16 miles south west of Grimsby.

The property is close to Market Rasen train station with a journey time to London St Pancras of approximately 2 hours 10 minutes.

Ground Floor

Entrance vestibule leading to:
• Reception
• Poacher's Restaurant (25)
• Furlong lounge/bar (20)
• Rasen Function suite (60)
• Fairways (15-20)
• Ladies and gents WC facilities
• Catering kitchen
• Wash up area
• Storage room - with access to the rear of the property and gardens

Fixtures & Fittings

We understand that the trade fixtures and fittings are owned outright and will be included within the sale.

Letting Accommodation

17 en suite letting bedrooms, nine of which are currently in use. The other eight could be brought back into use subject to refurbishment.

External Details

Rear lawn which has previously hosted wedding receptions using a hired marquee to cater for 150 persons.

Other Property

Subject to the necessary planning permission, a plot to the rear offers development potential for further accommodation.

The Opportunity

This is the first time the Limes Country House Hotel has been offered for sale in over 26 years.

The business currently trades as a lifestyle business, entertaining guests to suit the owner's time schedule and, indeed, not always opening every day and no longer utilising the function and dining facilities.

This is a unique opportunity for a prospective purchaser to develop the business further.

The property benefits from having double glazing throughout and is also connected to all mains services.

Trading Information

Trading information will be made available to seriously interested parties who have viewed the business premises.

Regulatory

Premises Licence.

No direct approach may be made to the property. For an appointment to view, please contact the agent.


More information from this agent

Nearest station

  • Market Rasen (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

0115 798 0493 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

  • Market Rasen (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Nottingham

Suite 402 Bridlesmith House 38 Bridlesmith Gate, Nottingham, NG1 2GQ

0115 798 0493 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 5740598-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 , Nottingham. 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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