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Busy Public House In Sutton On Sea Lincolnshire

Mablethorpe Lincolnshire
Public House, Sutton-On-Sea, Lincolnshire. T/O: £132,000 GP: 55% Popular pub close to sea front. 4 bedroom owners' accom. Good food trade. Huge scope.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67384
ADVERT IMPRESSIONS : 9,328 TIME(S)

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

FREEHOLD:

£215,000
 

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BUSINESS DETAILS:

Location
The Marisco Inn occupies prominent 3-storey premises on a busy corner in Sutton-on-Sea, Lincolnshire. The public house is situated directly across from the promenade with its day chalets and the Blue Flag sandy beach. There are many complementary shops and businesses in the area with local amenities just a short walk away. Sutton-on-Sea is a popular unspoilt seaside resort on the Lincolnshire coast, close to Mablethorpe and approximately 18 miles north of Skegness. The area is easily accessible via the A52 and the A-road network.

Business History
Preferred Commercial is delighted to offer for sale this popular public house, which was established in 1982 and which has been in our clients' careful hands since 1989. The business is only now being placed on the market due to our clients' wish to retire. The pub generates a turnover in the region of £132,000 per annum with a gross profit of 55%, derived from the sale of alcoholic beverages and a good trade in food, served daily from 12.00pm to 9.00pm each day. The business boasts 2 x dominos team and a pool team and is licenced for entertainment. The Marisco Inn also boasts a top rating of '5' for health and hygiene. To the first and second floor is spacious 4-bedroom owners' accommodation, some of which could be converted into letting rooms to generate further income. Our client also caters for some private functions and we feel that turnover could be increased if this service was promoted. There is also scope to introduce a web site to market the business further. We feel this represents an ideal opportunity to acquire a well-established and popular seaside public house with scope for future growth. Early viewing must come highly recommended.

Financial Details
T/O: £132,000 approx.
GP: £55%

Opening Hours
Mon - Thurs: 11.00am - 11.00pm
Fri - Sat: 11.00am - 12.00am
Sun: 11.30pm - 11.00pm

Accommodation Details
Well-presented 3-storey public house premises situated on a prominent corner with sea views and ample car parking in the vicinity. Briefly comprising:

Ground Floor
• Front bar with tables and chairs for 32 covers, used as main dining area, large screen TV
• Central bar servery with 9 points of dispense, optics display, 2 x single door drinks chillers, glass washer, ice machine, music system and programmed electronic cash register for up to 6 operators
• Rear bar with tables and chairs for up to 14 covers, bar stools, pool table and TV
• Kitchen with 4-burner hob and oven, double fryer, double bowl stainless steel sink, 4 x microwave ovens, fridge/freezer, stainless steel preparation table and hand wash basin
• Store room with wine chiller, salad refrigerator, 2 x large chest freezers, tumble dryer, sink and storage racking
• Ladies WCs
• Gents WCs
• Beer cellar fitted to suit

First Floor
• Shower room
• Double bedroom with wash basin
• Kitchenette with sink unit and boiler
• Office with desks, chairs and storage
• Lounge/diner

Second Floor
• Double bedroom with wash basin with views over the Lincolnshire Wolds
• Single bedroom with sea views
• Double bedroom with sea views

External
• Small patio frontage with seating for up to 8 persons
• Covered smoking area to rear
• Parking for 2 cars

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2681 / RightBiz
   
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