Jesters Bar, 7 Victoria Road Mablethorpe, Lincolnshire, LN12 2AF

To the front of the venue there is a good sized external covered seating area which leads to the main bar area. This is a fantastic size with a large bar servery, seating booths, tables, pool tables, dart boards all surrounded by good sized televisions showing a range of sporting events. To the rear there is a further bar area ideal for parties, theme nights and party functions, this area leads to a second outside seating area. To the ground floor there is a cellar, customer toilets and an extensive storage area which could be potentially used to extend the capacity or converted into a commercial kitchen (subject to the normal permissions).

Accessed via a separate entrance there is a 2 double bedroom flat above the bar with good sized rooms including a living room, kitchen, bathroom and the bedrooms.

The venue is set on Victoria Street in the heart of Mablethorpe, a short distance from the front and ideally placed for visitors to the area or local residents. Mablethorpe is a busy seaside town located on the east coast with East Lindsay in which a reported benefit of over £160m was spent in cafes, restaurants and bars in 2022. The area has a popular beach frontage, numerous caravan and holiday parks as well as circa 7,500 local residents.

These are to be included within the sale.

Jesters Bar is a family run sports bar located in the heart of Mablethorpe. It is a long-established business with a strong wet lead trade with a 4am licence, flexible seating areas internally and with 2 outside spaces. It has been well maintained and constantly improved by the owners and is fans favourite for watching popular sports. There is further opportunity to expand and diversify the venue due to its large storage areas and outbuildings which would lead to further adding to its already strong financial performance. Viewing is therefore strongly recommended.

The accounts for March 2023 show a Turnover of just over £400,000, Gross Profit of over £100,000 and Net Profit of £43,535 and an EBITDA of Over £65,000. These accounts are available on request to serious, pre-registered interested parties only.

We are seeking a Freehold Sale.

Rateable value £25,500 from 1st April 2023.

The Premises is fully licenced and free of tie.