HISTORIC MARKET TOWN FREEHOUSE WITH DINING & FUNCTION ROOMS, POTENTIAL 4+ LETTING BEDROOMS NET PROFIT CIRCA £70,000 WITH FURTHER SCOPE

£ 375,000
Tenure
Freehold
Description
Unspoilt freehouse with characterful lounge bars, dining & function rooms centrally located in this highly regarded and thriving historic market town. Potential for 4 or more letting bedrooms. Net sales exceed £300,000 pa excluding VAT, from which net profits of around £70,000 pa are comfortably achieved. Courtyard garden trading area, substantial barn and 5 room private accommodation. A sound business with great further potential.

The Premises & Trading Facilities
Retaining proper traditional market town freehouse charm the well presented trading areas provide a lounge bar with working fireplace, dining room and separate functions room with additional independent external access. Well equipped commercial catering kitchen facilities and ancillary areas. Privately enclosed courtyard garden trading area with gazebo. Substantial former fire station outbuilding. 5 room private accommodation with new bathroom suite. Customer car park.

Owners Accommodation
Substantial accommodation comprising 5 rooms and a newly installed bathroom on the first floor plus a large attic room in the roof space with staircase access. There is also a substantial outbuilding to the rear of the premises.

Address
10 Market Street, Spilsby, Lincolnshire PE23
Post Code
PE23 5JT
Under Offer
No
Reference Number
19660
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