Lincolnshire - Food Led Freehouse With Car Park And Trade Garden

South Lincolnshire village pub benefitting from a front car park, rear trade patio, two internal trade areas, commercial kitchen, ground floor cellar and 4 double bedroom accomodation.

The Black Horse is situated in Risegate, a village located within the civil parish of Gosberton and the South Holland district of Lincolnshire. It is found 30 miles (50 km) south-east of the city and county capital of Lincoln, 5 miles (8 km) north of the nearest large town (Spalding) and 2 miles (3 km) west-southwest from Gosberton.

Amenities, facilities and businesses within Risegate include a truck sales and service centre, a haulage company depot, a memorial masonry contractor, a wrought ironwork company and The Marjoram Hall community centre. The nearby town of Spalding provides larger shopping outlets, supermarkets and fuel stations.

The Black Horse occupies a two-storey, detached, fully double glazed, brick building under a concrete tile roof. The property benefits from being located on Siltside adjacent to the Risegate Eau which flows through the village until it merges with the River Welland.

TRADE AREAS
ENTRANCE PORCH. MAIN BAR with seating for 36, log burner with brick feature surround, carpet flooring and brick wooden top bar servery. RESTAURANT with seating for 20 and carpet flooring. Open plan ground floor CELLAR with external barrel door. INNER HALL with access to a DRY STORE/FRIDGE AND FREEZER STORE and UTILITY ROOM with central heating boiler. Fully fitted COMMERCIAL KITCHEN with walk-in fridge. Second INNER HALL with access to both LADIES' and GENTLEMEN'S TOILETS and access to the rear TRADE GARDEN.

OWNERS ACCOMMODATION
GROUND FLOOR
KITCHEN/LOUNGE. PRIVATE GARDEN.

FIRST FLOOR
FOUR DOUBLE BEDROOMS. BATHROOM.

EXTERNAL
Front CAR PARK with space for 12 vehicles. Rear TRADE GARDEN with bench seating for 80.

The Black Horse most recently operated as a food-led public house offering a traditional 'pub classics' menu which was popular with destination diners. A loyal group of local residents also frequented the premises, contributing to its wet sales. Our clients have owned the property since December 2023 and in their time at The Black Horse they have made approximately £30,000 worth of improvements. Our clients are now offering the property for sale due to ill health - please note the business has ceased trading.

In our opinion, a new operator will need to reopen the premises as a destination, food-led venue if the business is to flourish. The creation of a dedicated website could also be a positive step towards increasing custom.

No trade is sold or warranted. Historic trade accounts are unavailable. Prospective purchasers must make their own assumptions as to likely trade levels having due regard to the location and potential of the site.

FREEHOLD Asking Price £295,000 to include fixtures and fittings. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.