Pub/bar for sale in Three Kings Inn, Threekingham, Sleaford NG34

Offers in region of £495,000 (£247.5/sq. ft)
Interested in this property? Call +44 1780 673903 * or Request Details

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Pub/bar for sale 186 sq. m*
Tenure: Not available Council tax band: Not available

Property features

  • Freehold Sale
  • Free Of Tie Business
  • Fastidiously Maintained
  • Consistant £300k Turnover
  • Adjusted Net Profit £100k
  • Lounge Bar
  • Restaurant
  • Function Suite with Stage
  • Large Versatile Car Park
  • Garden Patio Areas

Property description

Freehold Sale including Transfer Of Going Concern of this wonderful Free Of Tie Grade 2 Listed Coaching Inn.

Location & Area

The Three Kings Inn in the Lincolnshire village of Threekingham.
Adjacent to the busy A52 and a short distance from the A15.
It is approximately 26 miles south of Lincoln, 36 miles east of Nottingham and 18 miles south west of Boston.

The Business

The business enjoys a healthy food trade with a split of 60/40 Food/Wet.
The owner/operators are looking to retire from the trade after many years within it.
The property, which was refurbished in 2015, currently trades on limited hours.
Combined with the potential for letting accommodation and holiday letting, this offers new owners a great opportunity to further develop this already thriving business.
Turnover for 2016/17/18 have consistently been £290,000 with healthy profits.

Property Description

An imposing two-storey former coaching inn traditionally brick built under a tiled roof.

To the Ground Floor are the immaculately presented trading areas:

1) Warm and welcoming Internal Courtyard (12) this was, in Coaching days, the main entrance to the inn, it is now very well used as additional trading area.
2) The luxuriously appointed Lounge Bar (24), complete with Bar Servery, a mix of beautifully upholstered bench seating around the perimeter, loose chairs in the same upholstery and wonderfully topped loose tables form around a real log fire.
3) Restaurant/Dining Room (24) shares the Bar Servery with loose Tables and Chairs throughout.
4) Function/Conference Room (50) complete with Stage Area is a huge space that is used currently for functions, meetings and overflow for diners when needed, it has a wealth of loose Tables and Chairs.
All areas are decked in Period Features, Beams, Exposed Brickwork and appropriately aged light fittings.

The Commercial kitchen is, as per the rest of this property - like a new pin. It is large and fully fitted, comes with a separate Preparation Room.

Owners Accommodation

The very spacious living accommodation is found to the First Floor and includes:

Four bedrooms
Large bathroom
Office
Kitchen/Utility
Lounge
Storage space throughout

Externals

Delightful seated terrace to the rear with High End furniture, opens to Outbuildings and Garages (which offer a huge business development opportunity as Letting Accommodation (STP).

Huge Car Park is opposite the Inn, it is a great resource to have not only for current customers, but to attract Car/Bike Clubs, and to promote and provide events throughout the Spring and Summer.

Premises Licences & Staffing

This business is owned and run by our clients the vendors, they have a very small staff team to whom tupe will apply.

Services

All mains services are to this property.

Epc

The Grade 2 Listing means it is EPC exempt.

Viewings

Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

Finance

An early discussion about finance can often save time and disappointment, talk to ksa Commercial about securing independent financial advice from our list of approved brokers in our “One Stop Shop”

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
LLH Solutions, LE15 on +44 1780 673903 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LLH Solutions, and do not constitute property particulars. Please contact LLH Solutions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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