Pub for sale

Leasehold Business Opportunity For Sale - Recently extensively refurbished, beer tie only 'Bar & Diner' premises situated in a great location in the heart of the east coast holiday industry. The property is situated close to Butlins and Fantasy Island and has been traditionally operated for 8 months of the year during the busiest part of the holiday season (March to November). Excellent turnover potential. Large first floor Function Room with Bar. Outdoor seating areas, ample parking, 3 bedroom owners accommodation included.

Accommodation:

Entrance Porch

Bar & Dining Area - 37' 8'' x 22' (11.47m x 6.70m)

Dining Room - 30' x 20' 4'' (9.14m x 6.19m)

Veranda Seating Area - 34' x 8' 3'' (10.36m x 2.51m)

Conservatory - 13' 10'' x 13' 2'' (4.21m x 4.01m)

Ladies & Gents Toilet Facilities

Disabled Toilet

Preparation Area - 10' 5'' x 13' 4'' (3.17m x 4.06m)

Kitchen - 17' x 16' (5.18m x 4.87m)
Note: Kitchen equipment and appliances are included in the sale comprising:- Cooker, Fryer, Griddle, Microwave, Dishwasher, Glasswasher, Chiller & stainless steel tables.

External Compound Storage Area
Situated to the rear of the kitchen together with outbuildings to include:-

Boiler Room
Housing the electric central heating boiler.

Storage Room/Freezer Rooms - 13' 6'' x 13' (4.11m x 3.96m)
plus 13' 6'' x 6' 4'' (4.11m x 1.93m)

Cellar Area - 21' 9'' x 13' 9'' (6.62m x 4.19m)

Overspill Kitchen Area - 10' 7'' x 9' 5'' (3.22m x 2.87m)

First Floor Function Room - 30' x 21' 4'' (9.14m x 6.50m)
Fire escape, recess servery/bar.

Unisex Toilet

First Floor Residential Accommodation:
Comprising of:

Landing
With radiator, walk-in storage cupboard, fire escape.

Lounge - 16' x 9' 9'' (4.87m x 2.97m)
With radiator.

Kitchen - 11' x 9' (3.35m x 2.74m)
Newly fitted with a modern range of base and wall units with worksurfaces, stainless steel single drainer sink units.

Bedroom 1 - 13' x 12' 5'' (3.96m x 3.78m)

Bedroom 2 - 8' 9'' x 9' (2.66m x 2.74m)

Bedroom 3 / Office - 10' 2'' x 11' 9'' (3.10m x 3.58m)

Bathroom - 10' 4'' x 8' 7'' (3.15m x 2.61m)
Newly fitted comprising panelled bath with shower over, low level wc suite, pedestal wash basin.

Outside:
To the side of the property there is an external covered area providing additional seating area.

Carpark:
There are extensive carparks to the front and rear of the property.

Tenure:
The property is let on a rolling lease for a term of 10 years from 25/02/14 at an annual rent of £44,577 per annum plus vat. For sale, subject to the assignment of the lease and satisfactory references. Landlords: Hawthorn Leisure.

Accounts/Turnover:
Accounts can be made available to bonafide purchasers who have viewed the premises. The turnover is in excess of £500,000 (approximately 70% food & 30% wet sales). The property has been closed since the beginning of 2020 due to refurbishment.

Viewing:
Viewing is strictly and only by prior appointment through the agents Skegness office, [use Contact Agent Button].

Rateable Value:
£17,000.

Local Authority:
Council Tax Band 'A' (owner's accommodation) payable to Local Authority: East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs, LN11 8UP. [use Contact Agent Button].