Cross Roads Inn, Lincoln Road, East Barkwith, Market Rasen, LN8 5RW
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- SECTOR
Pub for sale
Key features
- Roadside pub on main Lincoln to Louth route
- Freehold sale
- Recently renovated
- Food led village pub
- Two-bedroom managers accommodation
- 80 internal covers. Energy rating C
- Christie & Co Ref: 5752400
Description
The Cross Roads Inn is located on a generous corner plot with the building dating back to the 1800’s. The plot has an ample sized car park with potential to improve the existing beer garden.
The pub has undergone recent renovation to offer a modern, yet rustic experience to customers, consisting of a flexible layout, boasting three large dining areas, served by a central bar servery.
2 large dining areas consist 30 covers each and the snug dining area consists of a further 20 covers. The dining areas can easily be partitioned to host private functions of varying sizes, with a total ground floor area of 2160 SqFt
The pub has entrances from the front and rear car parks with a generous sized kitchen, customer WC’s and managers accommodation.
East Barkwith is a village in the East Lindsey district of Lincolnshire, approximately 13 miles northeast of Lincoln, situated on the A157 towards Louth.
The pub is well situated on a corner plot with excellent roadside visibility, with the Lincolnshire Wolds AONB, a stone’s throw away.
• Three dining areas totalling 80 internal covers.
• Central bar servery
• Customer WC’s
• Good sized kitchen with prep area
• Two-bedroom manager's accommodation
The business currently offers a range of classic pub food and contemporary dishes, with local pies and Sunday lunch a particular attraction, with a selection of real ales, beers spirits and wine.
Weekday trade often features business / lunch or coffee meetings with a light bites style menu, with themed evenings throughout the month, along with varied private functions either for local business and societies or for wakes, birthdays and baby showers.
Sunday trade offers a well-loved Sunday roast.
• Sizeable car park
• Rear trading area with assorted picnic benches and pergola
• Generous corner plot
Above the pub with its own private entrance from the rear of the pub, there is a two-bedroom managers flat with kitchen, lounge and bathroom.
The OpportunityFollowing its renovation, the opportunity is for a new operator to continue to expand its trade, without a significant requirement for capital expenditure.
We are of the view that this would be a suitable pub for a food-led operator, giving the sizeable dining areas and kitchen, along with roadside accessibility.
Improvements to the external beer garden and trading areas would improve the appeal during warmer months.
The pub is currently run by a couple but we are advised that they are not subject to TUPE.
Trading InformationSince its renovation, we are advised that turnover is in the region of £293,000 pa net, with a food led majority on trade splits (60:40).
Trading HoursMon - Tue 12:00 - 20:00
Wed - Sat 11:30 - 22:00
Sun 11:30 - 18:00
Kitchen Opening Hours
Mon-Tue 12:00 - 14:00 & 17:00 - 19:00
Wed-Sat 12:00 - 14:00 & 17:00 - 21:00
Sun 12:00 - 16:00
Current rateable value (1 April 2023 to present) £1,600 but we are advised that the rates are exempt due to being the sole pub in the village
Energy Performance Certificates
EPC 1Brochures
Cross Roads Inn, Lincoln Road, East Barkwith, Market Rasen, LN8 5RW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Market Rasen Station6.0 miles
Notes
Disclaimer - Property reference 5752400-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, Pubs & Restaurants. 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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