Becketts Country Pub & Rooms, 25 High Street, Corringham,, Gainsborough, DN21 5QP

£495,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Pub

No floor / site plan

Key features

  • Bar & restaurant trading areas
  • 4 En-suite Letting Rooms
  • 2 Bedroomed Owners Accommodation
  • Available Vacant Possession
  • Customer Car Park
  • Energy Rating D
  • Christie & Co Ref: 5455568

Description

Description

A substantial three-storey property of traditional brick construction. The property has a wealth of original features including exposed beams and brickwork.

The trading areas trading areas have been refurbished, while the business also benefits from a well presented outside seating terrace and lawned beer garden.

There is also a two bedroom flat with kitchen and living room, four en-suite letting rooms currently used on the first floor.

There is an opportunity to purchase nine potential letting rooms which are part of the motel for an extra £250k.

Location

Becketts is situated in the Lincolnshire village of Corringham, which is located approximately four miles east of Gainsborough via the busy A631 Corringham road.

Corringham is situated approximately 17 miles north west of Lincoln, 18 miles south of Scunthorpe and 36 miles east of Sheffield.

Internal Details

The property briefly comprises:
• Bar (20) - with bar servery, fixed perimeter seating and loose tables and chairs
• Snug (12)
• Lounge (12) - with soft seating
• Restaurant (52) - with bar servery
• Ladies, gents and disabled WC facilities
• Commercial catering kitchen - located at the first floor level, with dumb waiter to ground floor
• Stores
• Wash-up room
• Cellar - situated at lower ground floor level with drop

Fixtures & Fittings

We understand that the trade fixtures and fittings are owned outright and will be included within the sale.

Letting Accommodation

Currently the site has 4 en suite letting bedrooms that would benefit from some updating.

External Details

Good sized unmarked car park, decked seating terrace and large lawned beer garden.

Owner's Accommodation

The owners accommodation consists of the first floor living accommodation and office space, plus 4 bedrooms on the second floor.

Other Property

The attached building is owned by the same freeholders and its for sale for an additional £250,000. This would add another 8 letting bedrooms.

The Opportunity

The business has been in the ownership of the same family for 20 years and has gone through a significant period of refurbishment in recent years and the next logical step is to add and upgrade the letting bedrooms. Although the site is currently tenanted short term, the site is available Vacant Possession from February 2027.

The business would suit either a hands on owner operator or an existing regional multi operator.

There is also a significant amount of residential development being carried out in the vicinity of the business.

Trading Information

The current operators have declared they are turning over approximately £8,000 per week on average.

Business Rates

Confirmation of business rates payable should be obtained from the Local Authority.

Regulatory

Premises Licence.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Energy performance certificate: D

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

Becketts Country Pub & Rooms, 25 High Street, Corringham,, Gainsborough, DN21 5QP

NEAREST STATIONS

National Rail

Gainsborough Central Station

3.22 miles

National Rail

Gainsborough Lea Road Station

3.55 miles

About Christie Owen & Davies Ltd, Pubs & Restaurants

Christie Owen & Davies Ltd, Pubs & Restaurants

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services
We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick
Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 5455568-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 Owen & Davies Ltd, 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.