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Lincolnshire Coast - Pub & Restaurant For Sale

Skegness, Lincolnshire, UK
Asking Price:
£475,000
Turnover:
£200K - £500K
Net Profit:
Not applicable

Quaint Lincolnshire village location only 2 miles from coast
Public house & restaurant with 5 double letting bedrooms
Commercial kitchen, ground floor cellar, car park and trade garden
Same ownership since 2013 with circa £400k worth of improvements
2 Bedroom private accommodation, roof terrace & double garage
Opportunity to create an additional 6 letting rooms

Property Information

Property:

Freehold

Living Accommodation:

OWNERS ACCOMMODATION
Comprising: LIVING ROOM, 2 DOUBLE BEDROOMS, 2 BATHROOMS, KITCHEN/DINER and ROOF TERRACE.

LETTING ACCOMMODATION (Total of 5 Bedrooms across 4 Letting Rooms)
The Old Lounge (Ground Floor) - 1 double bedroom with en suite
Old Function Room/Apartment (1st Floor above pub entrance hall) - 2 double bedrooms, 1 en suite, open plan kitchen/diner/lounge
The Cabin (Ground Floor) - 1 double bedroom with en suite
The Conkera (1st Floor above double garage) - 1 double bedroom with en suite

Location:

The Saracens Head is situated in the Lincolnshire village of Hogsthorpe, the village is located approximately 1.5 miles west of Chapel St Leonards and the coast, 7 miles north-west of the seaside resort town of Skegness, 6.5 miles north of the Lincolnshire town of Burgh Le Marsh and 5 miles east of the magnificent Lincolnshire Wolds Area of Outstanding Natural Beauty (AONB).

The nearest train station is the Skegness Railway Station which is the terminus for the Grantham to Skegness line. Trains run the full length of this and the Nottingham to Grantham line to connect to the East Midlands. Regular village bus services also allow travel to the nearby towns of Alford, Grimsby & Skegness. Hogsthorpe benefits from a variety of notable amenities such as a primary school, farm shop, care home, equestrian centre and post office.

The Saracens Head occupies a Grade II listed two-storey detached brick building under a pan tiled roof believed to have been built in the late 17th century. The property benefits from being situated on the town’s busy high street opposite the St Marys churchyard.