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Extensive Freehouse & Restaurant For Lease

Middle Rasen, Lincolnshire
Asking Price:
£35,000
Turnover:
£141,206
Net Profit:
Available on request

Substantial freehouse & restaurant
Well presented lounge bar & restaurant trading areas
Extensive site with lawned garden trading areas & car park
Low rent £12,000 pa, private free of tie lease
Planning for 7 en suite letting bedrooms
Huge development potential
Located close to Market Rasen and racecourse
Excellent 3 bedroom owners accommodation

Property information

Property:

Leasehold

Leasehold Type:
Existing
Living Accommodation:

Spaciously proportioned, situated on the first floor and comprising of lounge, kitchen, master bedroom with en suite, two further bedrooms and family bathroom.

Location:

Located on the A46 in the village of Middle Rasen, approximately 1.5 miles from Market Rasen close to the Lincolnshire Wolds designated area of outstanding natural beauty.

Premises Details:

There is a well presented, traditional style lounge bar with feature working brick fireplace, return bar servery and fixed and loose seating accommodating in excess of 60 customers , and a further dining room providing seating for 30 customers, which can also be used as a function room. Externally there are extensive grounds comprising large customer car park, lawned garden trading areas, outside storage and children's play area. Planning consent has been issued for an accommodation block to comprise 7 en-suite letting bedrooms which the landlord may be prepared to develop, which will then be rentalised. Further details are available via the sole selling agents.

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