Pub for sale

Three Kings Inn, Saltersway, Threekingham Sleaford, Lincolnshire, United Kingdom, NG34 0AU

£575,000

Property Description

Commercial information

  • Business for sale

Key features

  • Grade II listed village pub/restaurant
  • Refurbished characterful trading areas
  • Enclosed outside seating area
  • Good sized car park
  • Adjusted net profit c.100,000 pa
  • Spacious 4-bed owner's accommodation. EPC Exempt

Full description

Tenure: Freehold

Description

The Three Kings Inn is a two-storey former coaching inn of traditional brick construction under a pitched tiled roof, situated in a picturesque Lincolnshire village.

The property comprises well presented trading areas including a lounge bar, dining room (24), function room (50) and an internal courtyard trading area.

The property benefits from a wealth of original features throughout including exposed beams and brickwork.

Externally, there is an enclosed seating terrace to the rear of the premises along with a series of outhouses and garages. There is a good sized car park immediately opposite the property which is included in the sale.

The business enjoys an excellent local reputation and is easily accessed off the busy A52.

Location

The Three Kings Inn is situated in the Lincolnshire village of Threekingham, adjacent to the busy A52 and a short distance from the A15.

Threekingham is situated approximately 26 miles south of Lincoln, 36 miles east of Nottingham and 18 miles south west of Boston.

Internal Details

Entrance vestibule leading to:
• The Courtyard - formerly the entrance to the coaching inn, now used as a trading area
• Lounge bar - with bar servery, loose tables and chairs, perimeter seating and open fireplace
• Dining room (24) - with loose tables and chairs and feature fireplace
• Function room (50) - used for private hire and as an overflow space
• Commercial catering kitchen - with prep room
• Cellar and bottle room
• Ladies and gents WCs

Fixtures & Fittings

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

External Details

• Enclosed terrace seating area - situated at the rear with bench seating
• Series of garages and storage space - this may be suitable for conversion to letting bedrooms (STP)
• Driveway - providing access to the rear of the property
• Good sized car park - situated opposite the property

Owner's Accommodation

Spacious owner's accommodation situated at first floor level and briefly comprising:
• Four bedrooms
• Family bathroom
• Office
• Kitchen/laundry room
• Lounge/diner

Second floor
• Storage space

The Opportunity

The business enjoys a healthy food trade with a split of approximately 60% dry sales to 40% wet. Our hands on owner operator clients are looking to retire from the trade. The property, which was refurbished in 2015, currently trades on limited hours and offers new owners a good opportunity to further develop this already thriving business.

Trading Information

For the year ended 30 June 2016, the business produced a turnover of approximately £290,000 and an adjusted net profit in excess of £100,000.

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

Regulatory

Premises Licence.


More information from this agent

Nearest stations

  • Heckington (5.7 mi)
  • Rauceby (5.9 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 stations

  • Heckington (5.7 mi)
  • Rauceby (5.9 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 5752297-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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