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Pub And Restaurant With A Caravan In Louth For Lease

Louth, Lincolnshire, UK
Freehold Price:
£1,000,000
Leasehold:
On request
Turnover:
£510,616
Net Profit:
Available on request

Traditional Pub And Restaurant With A Caravan camping Site In Louth For Lease

Louth.
Turnover of £510,616.
Substantial site operating over 130 years.
Benefits from an excellent reputation.
A 90-cover restaurant.
Convenience store located in pub.
Separate three-bedroom accommodation.
Located within 10 miles off the Lincolnshire coast.
Freehold or leasehold options available.
Business & Property OIRO £1,000,000

Property Information

Property:

Available as freehold and leasehold

Living Accommodation:

There is a modern flat used for owner’s accommodation that offers three large bedrooms, a living room, a kitchen and bathroom space.

Location:

Louth, Lincolnshire

Premises Details:

The Waggon and Horses is situated in a large and characterful freehold building that has managed to keep many of its traditional features.
The wood panelled lounge bar offers plenty of room, an open fire and a pool table that leads into a 90-cover restaurant with a bright and airy conservatory and comfortable seating to the rear.
The premises also consist of a fully commercial kitchen and toilet facilities.
To the side of the main bar is the well-stocked village convenience store with a server counter and storage space.
There is a modern flat used for owner’s accommodation that offers three large bedrooms, a living room, a kitchen and bathroom space.
Outside is a children's play area with picnic benches. Between the play area and conservatory there is a patio with tables and seating.
The public house is surrounded by car parking with the caravan and camping space being separated from the main buildings by mature trees. The area is approximately one acre of land, with self-sufficient toilet blocks.
We are advised the premises are freehold, with a leasehold option available.

Business Operation

Reasons for selling:

Our clients are offering the business for sale to facilitate retirement plans.

Trading hours:

Saturday and Sunday, 9.00 until pub closes
Restaurant: Monday to Saturday, 12.00–21.00
Sunday, 12.00–14.00, 16.00–21.00

Employees:
The business is operated by our clients and their family members, alongside four part-time members of staff.

Other Information

Leasehold asking price:
On request

Contact Information

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