Traditional village pub and restaurant for sale in Lincoln, Lincolnshire with three-bedroom flat
Lincoln, Lincolnshire
- Status
UNDER OFFER
- Advert ID
640002
- Reference
96091 / Rightbiz
- Call Agent:
- Freehold: £495,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Central Position in Affluent Village
- Attractive Business
- Established Business
- Accounts Available
Business Details
LINCOLNSHIRE EXTREMELY PROFITBALE TRADITIONAL VILLAGE PUB & RESTAURANT
Village pub close to Newark & Lincoln
Main bar (28) & restaurant (22)
Three bedroom private accommodation
Car park (12) & roadside patio (26)
Established - Same operator since 2008
Net Turnover £444,174 - EBITDA of £165,000
Trade Areas
FRONT ENTRANCE PORCH providing access to the MAIN BAR which has seating for 28, carpet flooring and a brick bar servery. RESTAURANT with seating for 22, an extension of the main bar servery, carpet flooring and an open stone fireplace. INNER HALL with understairs storage cupboard, staircase to the first floor and entry to the fully-fitted COMMERCIAL KITCHEN with pot wash area. REAR HALL benefitting from access to LADIES’ and GENTLEMEN’S TOILETS, as well as an external door to the smoking shelter patio.
Owners’ Accommodation
TWO DOUBLE BEDROOMS. LOUNGE. KITCHEN. OFFICE (could be utilised as an additional bedroom). BATHROOM with separate SHOWER. STORAGE CUPBOARD.
External
Gravelled CAR PARK with space for 12 vehicles and a lawned area to the rear. (Please note: A right of way to two neighbouring residential properties crosses the car park). ROADSIDE TRADE PATIO with bench seating for 26. Rear TRADE PATIO with SMOKING SHLETER and seating for 20. OIL TANK. Single storey brick OUTBUILDING split into three sections. FRIDGE/FREEZER STOREROOM. GENERAL STOREROOM. Ground floor CELLAR with external barrel door.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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