The Marquess of Exeter, 52 Main Street Lyddington, Oakham, LE15 9LT

The Marquess of Exeter is a charming Grade II Listed public house and hospitality business, combining historic character with diverse income streams. Bursting with original features, the property boasts attractive stone floors, exposed wooden beams and a wealth of period charm throughout, creating a warm and welcoming environment for customers.

The business benefits from a strong mix of food, drink and accommodation offerings, presenting an excellent investment opportunity.

The Marquess of Exeter enjoys an enviable position in the heart of Rutland, one of the country's most sought-after rural tourism destinations. Renowned for its attractive market towns, picturesque villages and affluent catchment, Rutland attracts visitors throughout the year drawn by the area's countryside, heritage and leisure attractions.

The property is conveniently located within easy reach of Oakham, Rutland's county town, and the popular market town of Uppingham, both of which benefit from a strong mix of independent retailers, restaurants and visitor amenities. The area is perhaps best known for Rutland Water, one of Europe's largest man-made lakes, which attracts hundreds of thousands of visitors annually for sailing, cycling, walking, birdwatching and other outdoor pursuits.

The county's thriving tourism sector is further supported by a wealth of nearby attractions including Barnsdale Gardens, Normanton Church, Burghley House, and numerous walking and cycling routes throughout the surrounding countryside. Combined with excellent road links via the A1 and A47, the location provides a strong platform for both destination dining and staycation trade.

The main trading area comprises a welcoming restaurant capable of accommodating approximately 60 covers, complemented by three separate lounge and bar areas offering a variety of seating styles for around a further 35 customers. The layout provides flexibility for both casual drinking and dining occasions, whilst maintaining a cosy and traditional pub atmosphere.

In addition, there is a separate snug area which could be utilised for private dining, small functions or exclusive gatherings.

Supporting the customer areas are well-appointed ancillary facilities including a fully fitted commercial kitchen, office accommodation and customer WC facilities.

The Seller reserves the right to remove any third-party items, including
branded items, gaming machines, dispense and beer flow monitor equipment and cellar cooling.

VAT will be payable, in addition, at the prevailing rate. Normally 90% of the gross purchase price, however, we advise that any perspective purchaser consults an accountant.

Externally, the property continues to impress with a modern accommodation block comprising 16/17 well-presented letting bedrooms. The rooms provide a mix of twin, double and family accommodation, all benefiting from en-suite facilities and offering a valuable additional revenue stream.

The property sits within a substantial 1.96-acre plot incorporating a large customer car park and attractive beer garden. The extensive external areas provide ample space for outdoor drinking and dining, events and customer parking, further enhancing the property's strong trading credentials.

Located above the pub, there is a generously sized three bedroom owners accommodation, with separate kitchen, lounge and bathroom.

Trading Information will be made available to qualified applicants.

Monday – Thursday: 12:00 PM – 10:00 PM
Friday – Saturday: 12:00 PM – 11:00 PM
Sunday: 12:00 PM – 8:00 PM

Freehold

The property is currently tenanted - further details will be provided on request.

Current rateable value (1 April 2026 to present) £46,000

The property benefits from a Premises Licence. Any prospective purchaser will be required to hold a Personal Licence and to apply, at their own expense, for the transfer of the Premises Licence (subject to approval by the licensing authority).