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Freefold Public House In Lincolnshire Village

Bardney Lincolnshire
T/O: £31,546 GP: 49.5% Recently closeddue to ill health Huge scope to increase turnover Delightful location close to canal 3 bedroom owner's accommodation. Leasehold option available
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 27842
ADVERT IMPRESSIONS : 19,798 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Pubs
SALE: Agent Sale

FREEHOLD:

£159,950
 

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BUSINESS DETAILS:

Location
Gypsy Queen is located in a prominent and highly desirable trading position on Station Road near the centre of the thriving village of Bardney in Lincolnshire. The village lies nine miles to the east of the City of Lincoln and boasts a medieval ruined abbey. The business is ideally positioned within a few yards of the canal and the cycle path, which brings many visitors from outside the area both on foot and by canal boat. The village is ideally situated for Lincoln, Horncastle, Market Raisen and there is also good access to Yorkshire and the East Midlands on one side and the East coast on the other.

Business History
Preferred Commercial is delighted to offer for sale this highly regarded public house within the village of Bardney in Lincolnshire. Our client has run the pub on very much reduced hours due to ill health and has recently taken the decision to close the pub. Due to the reduced opening hours, the annual turnover was £31,546 achieving 49.5% gross profit on 100% wet basis. There was a substantial amount of lunchtime trade drawn from the canal users, which was being turned away, as our client was unable to service this business. The main bar area has a pool table and dart board giving scope for the formation of local teams, which would also bring in many more regular customers. There is also good sized owner's accommodation above the pub. We areadvised a leasehold option is available. This is a unique opportunity to purchase a freehold public house within such a sought after area. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
W/T: £600 approx.
GP: 49.5% approx.

Opening Hours
Mon - Fri: 5.00pm - 11.00pm
Sat - Sun: 1.30pm - 11.00pm

Accommodation Details
Traditional 2-storey public house. Briefly comprising:

Ground Floor
• Front bar area with pool table, dart board, games machines and an open fire
• Rear bar area with games machines and exit to beer garden
• Ladies and gents WC
• Cellar
• Commercial kitchen
• Various storerooms

First Floor
• Double bedroom
• Lounge
• Single bedroom
• Double bedroom
• Bathroom

External
• Rear walled beer garden with access gate

Tenure
Advised freehold
Leasehold option available
   
  FOR SALE
   

REFERENCE:

1031 / RightBiz
   
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