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BUSINESS REFERENCE : 7412 / RightBiz FREEHOLD PUBLIC HOUSE/RESTAURANT & HOTEL IN LINCOLNSHIRE | | | | | | Public House, Restaurant and Hotel Gainsborough, Lincolnshire T/O: £200,000 approx Well established business. Highly visible main road trading position. Substantially extended and modernised period property. 13 guest bedrooms plus luxurious owners' su | | | BUSINESS LOCATION: | Gainsborough Lincolnshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Pubs Public Houses | | SALE: | Agent Sale | FREEHOLD: | £1149500 + SAV | | | | | | | | | | | BUSINESS DETAILS: | The Beckett Arms enjoys the most highly visible trading position on High Street in Corringham, Gainsborough. This commanding property comprises a bar, restaurant and hotel, which boasts a large customer car park to the front. The business is accessed directly off the A631, which is the main Lincolnshire east to west link road, connecting the A1(M) to Gainsborough and the East coast.
Bag A Business is delighted to offer for sale this magnificent hotel, bar and restaurant in Gainsborough, Lincolnshire. The impressive property is arranged over three floors, with parts of the building dating back to the early 17th century. The popular restaurant is situated to the side of the premises and boasts attractive double doors which lead into the private, lawned beer garden. The recently added rear extension houses nine new hotel bedrooms. All the bedrooms offer a very high standard of accommodation, which include spacious fitted wardrobes, fully tiled en-suite bathrooms and comfortable seating areas. Each room is decorated individually and offers a choice of a spacious twin room, small family room or comfortable four poster double rooms. The hotel has a purpose built glass fronted foyer, which can be entered via the traditional courtyard. The hotel also offers a specially designed disabled room situated on the ground floor. Our client also has a private suite situated on the first floor, which has been furnished using contemporary furniture, lighting and decor. The original part of the property is used as entertaining space and houses the kitchen, owners' accommodation and a further four letting rooms. The connecting hallway leads firstly into the main restaurant, to stairs to the first and second floor accommodation and then into the several rooms of the main pub area, which includes a front facing conservatory and separate pool room. The pub hosts a popular quiz and poker night and supports a successful darts and domino team. Currently the business generates a turnover in the region of £200,000 per annum, which is derived from a 60/40 wet/dry split. We feel this represents a truly unique leisure opportunity, which has been successfully developed by our client. Early viewing of this well established and thriving business is strongly recommended to fully appreciate the potential it has to offer.
FINANCIAL PROFILE
W/T £3,846 approx
GP 60%
OPENING HOURS
Public House
Mon - Fri 5.30pm - 11.00pm
Sat 3.00pm - 12.00am
Sun 12.00pm - 12.00am
PROPERTY DETAILS
A substantially extended, 3 storey, period property with 13 guest bedrooms benefiting from double glazing throughout. Briefly comprising:
GROUND FLOOR
Main bar area with perimeter seating and open fireplace
Pool room with feature fireplace
Snug with exposed beams and feature fireplace
Central solid wood bar
Conservatory leading into beer garden
Lounge bar with carvery hot plate
Ladies, gents and disabled W/Cs
Restaurant with 64 covers and doors to beer garden
Breakfast preparation kitchen with dumb waiter to fully fitted commercial kitchen
Utility room
Boiler room
Large bank safe
Halway and stairs to 1st and 2nd floor accommodation with door connecting to new 2 storey accommodation building
CELLAR
3 separate rooms
Secure safe
EXTENSION - GROUND FLOOR
5 x double bedrooms including one disabled
Twin bedroom
Bedroom with 4 poster bed
Glass fronted reception with open staircase leading to first floor First floor with:
4 bedrooms
Luxurious owners' suite (ideal honeymoon suite)
Fully fitted commercial kitchen
Separate freezer room
Residents' breakfast/dining room
Large study
Shower room
Large double suite
Large double suite with original fireplace
Bedroom
Double or twin bedroom
2 x double bedrooms
Family bathroom
Spacious lounge
Large roof terrace
EXTERNAL
Large side garden ( acre) licensed for 100 persons
Rear residents' terrace
Secure customer car park
TENURE
Advised freehold | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7412 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
