2 bedroom pub for sale

LINCOLNSHIRE

£185,000

Property Description

Full description

Tenure: Freehold

REF: 8143 FREEHOLD

SUBSTANTIAL AND WELL-PRESENTED GRADE II LISTED FREEHOLD 'RIVERSIDE INN' FOR SALE SAT OVERLOOKING THE MARINA IN THE BUSTLING LINCOLNSHIRE TOWN AND SMALL PORT OF BOSTON



Positioned on the east side of the River Witham overlooking the marina close to the Grand Sluice and only a few minutes' walk from the town centre.

Pool Room (circa 15+) with pool table and darts throw.

Bar Area (circa 30+ plus standing) with delightful views of the marina.

Restaurant (26+ covers) with small waiting area.

Multi-use Function Area (circa 50 seated / circa 80+ standing) with attractive exposed brickwork and patio doors leading to the slabbed al fresco Garden Area.

Al Fresco rear slabbed Patio Area : Front decked Area looking across the marina ; Patron's Car Park.

Fully equipped Commercial Catering Kitchen.

Spacious 2 double bedroom Owner's Accommodation.

Trade split: 60% Food sales ; 40% Wet sales.

Suitable for alternative use (STPP).

Genuine retirement sale.



A FANTASTIC OPPORTUNITY TO PURCHASE THIS DELIGHTFUL RIVERSIDE INN OFFERING MANY FURTHER UNTAPPED OPPORTUNITIES.



LOCATION

This delightful inn sits on the east side of the River Witham overlooking the marina in the popular Lincolnshire East Coast town and small port of Boston. With a population of 35,000+ and heavy agricultural links Boston is also a popular destination for the many visitors and tourists that frequent the East Coast all year round. Nearby points of interest include the famous towns of Spalding (famous for its floral displays) 16 miles and Horncastle (famous for its antiques) 19 miles. The thriving market town of Sleaford is only 18 miles away. The nearby road networks are very good and the A52, A16 and A17 all provide access throughout this beautiful county.

THE PROPERTY

This substantial Grade II listed inn is of brick construction and sits under a pitched slate roof overlooking the marina. Entrances to the front and side provide access to all the trading areas. These consist of:

Pool Room (circa 15+ plus standing) is a good sized, self-contained and fully carpeted room with upholstered perimeter bench seating, a central pool table and darts throw to one side.

Bar Area (circa 30+ plus standing) is a spacious L-shaped room with loose tables and stools complimented by upholstered perimeter bench seating, leather settees and a comfy leather tub chair. The room is fully carpeted and provides fabulous marina views to the front. There is a central wooden bar server with 2 cask ales on offer that services all the trading areas. Leads to:

Restaurant (circa 26 covers) is a delightful area with a small waiting section and a lovely warm and relaxed atmosphere with loose tables and leather dining chairs all sitting on a fully carpeted floor. Stairs lead down to:

Multi use Function Area (circa 50 seated / circa 80+ standing) is to the rear of the property and has loose tables, leather dining chairs and banqueting furniture all able to be laid out as desired and to suit the occasion. The room is fully carpeted and has attractive exposed brick walls that add to the ambience and character. There are also 3 patio doors that all lead out onto the rear al fresco slabbed Patio Area providing a further extension in the warmer weather.

There is a good sized fully equipped Commercial Catering Kitchen with stainless steel appliances and surfaces (equipment not tested).

Spacious below ground floor Beer Cellar with python system, pumps, remote etc & plenty of further storage areas.

Ladies and Gents WC's.

OWNER'S ACCOMMODATION

The owner's accommodation has private access and is located on the 1st floor with views across the marina. This briefly consists of: 2 double Bedrooms, Lounge, Kitchen/diner and Bathroom. There is also a private roof terrace.

EXTERNAL

To the rear of the property is a spacious slabbed al fresco Patio Area with wooden picnic benches (circa 50+) and established shrubbery planter borders. Also to the rear and side is the Patron's Car Park with spaces for circa 15+ cars. To the front of the property is an attractive decked area with wooden picnic benches (circa 30+) which is a lovely place to sit and take in the surroundings.

TRADING & LICENSING

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Sun - Thurs 10am to midnight
Fri/Sat 10am to 1am
Current opening hours are:
Monday Closed
Tues - Thurs 12noon/2.30pm 6pm/10pm
Fri 12noon/2.30pm 6pm/11pm
Saturday 12noon to 11pm
Sunday 12noon to 8.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business is being offered for sale freehold (although we have not had sight of the title deeds). We are advised that all mains services are connected (no services tested). Business rates payable are advised as being circa £NIL per annum.

THE BUSINESS

The current owner purchased the freehold property in 2011 however also ran the business as lessee for approx. 8 years from 2001. This popular business currently offers locally sourced home cooked food and drink to a loyal, repeat and desirable clientele. The business is currently operated by the owner assisted by 1 full time and 6 part time staff. After many years in the licensed trade our vendor client is now looking to retire from the business in order to be able to take life at a more leisurely pace. The business sits at the heart of the local community and not only offers a highly popular 'Black Rock Grill' but also plays host to many functions (weddings, christenings etc) on a regular basis. New owners could continue to operate the business using the same formula or they may wish to take the business to the next level. In our opinion this could be achieved by taking advantage of extending the trading hours, introducing pub teams and light entertainment whilst exploring the opportunity of B&B if so desired.

Accounting information will be made available to interested parties after viewing.

The property was viewed by Richard Fletcher who would be delighted to discuss further details and can be contacted on 07527 718400.

Viewing appointments must be made via Guy Simmonds.

Details prepared: September 2018


VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.


Nearest stations

  • Boston (0.4 mi)
  • Hubberts Bridge (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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

  • Boston (0.4 mi)
  • Hubberts Bridge (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 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 8143. 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 Guy Simmonds Business Transfers Limited , National Licensed Property. 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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