Red Lion, Walesby, Newark, Nottinghamshire, NG22

£495,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Pub

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking

Key features

  • 100% wet-led village public house
  • Close to the A1, Mansfield & Retford
  • Four first floor letting bedrooms
  • Car park and roadside trade patio
  • Catering kitchen and basement cellar
  • £200k+ of renovation works completed

Description

The Red Lion Inn is situated in the conservation area of the sought-after Nottinghamshire village of Walesby. The village is located in the countryside 15.3 miles northwest of Newark, 12.3 miles northeast of Mansfield, 21.2 miles west of Lincoln and 8.1 miles south of Retford. The A1 motorway is only 4.1 miles east. According to the 2021 census, the parish has a population of 1,218.

The village is famous for its forest, part of which forms a 250-acre Scout camp site which is renowned for hosting international scouting festivals. Other notable local amenities include a primary school, a village hall, a fruit & veg store, an archery shop and a church dedicated to St Edmund. The nearby towns of Mansfield and Retford provide larger shopping outlets, supermarkets and fuel stations.

The Property
The Red Lion Inn occupies a two-storey, detached brick building under a part pitched tile, part flat felt roof. It is situated in a prominent position on Main Street in the centre of the village.

Trade Areas
ENTRANCE PORCH providing entry to the MAIN BAR/LOUNGE/GAMES ROOM which has seating for 58, part wood effect, part carpet flooring, log burner, feature ceiling beams, darts oche, main bar servery and access to Ladies’ and Gentlemen's TOILETS. SNUG with seating for 10, an additional ENTRANCE PORCH, an extension of the main bar servery and access to a SERVICE AREA, CATERING KITCHEN, BOTTLE STORE and basement CELLAR. INNER HALL/ACCOMMODATION ENTRANCE with access to a UTILITY ROOM, STORE CUPBOARD and staircase to the first floor.

First Floor
SHARED KITCHEN. SHARED BATHROOM. THREE DOUBLE BEDROOMS, one of which benefits from a balcony. FOURTH DOUBLE BEDROOM with BATHROOM EN SUITE and SITTING ROOM.

External
ANNEXE/OUTBUILDING (utilised as a DARTS ROOM)) benefitting from a dedicated WC, STORE CUPBOARD and PRIVATE YARD with artificial grass and gated STORAGE AREA. CAR PARK with space for 13 vehicles. TRADE PATIO with bench seating for 36. SMOKING SHELTER with seating for 4. SERVICE YARD with BIN STORE.

Our client has owned and operated the Red Lion Inn since July 2021 and has transformed a tired public house into the successful venue we see today. During our client’s ownership they have made over £200,000 worth of improvements to the property. The business is currently operated by our client alongside three part time staff.

The Red Lion Inn operates as a 100% wet-led public house and benefits from a sizeable amount of local custom which is generated by three darts teams, karaoke evenings and Sky Sports TV.

The premises has four letting bedrooms on the first floor, each of which is let on a short term tenancy basis, although these rooms could be utilised as dedicated private accommodation if required.

Accounting detail will be made available to serious parties following a formal viewing.

FREEHOLD Asking Price £495,000 to include goodwill, 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.
Additional information
Service charge
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Business rates
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Use class
Sui Generis
Listed building
No
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Red Lion, Walesby, Newark, Nottinghamshire, NG22

NEAREST STATIONS

National Rail

Retford Station

6.06 miles

About Sidney Phillips Limited , East

Sidney Phillips Limited , East

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

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Disclaimer - Property reference 96096. 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 Sidney Phillips Limited , East. 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.