ESTABLISHED HOTEL AND RESTAURANT – LINCOLNSHIRE

£1,099,999

REF: 42286

Hotels, Commercial

Freehold

OFFERS INVITED - Detached Edwardian property, excellent food trade & letting accommodation, licensed for weddings

Delightful setting, excellently presented throughout

W/T £11,750, off road parking, retirement sale

S/C 3/4 bed owner’s accom, 13 letting rooms with PP for a further 19 rooms

This is a rare and exciting opportunity to purchase a charming freehold hotel with a thriving restaurant. The business occupies a commanding trading position in a delightful town in Lincolnshire. The area attracts large numbers of day trippers, walkers, hikers, business travellers, with wide range of customers from around the world as well as a loyal customer base from the local area.

The business occupies a prominent roadside position with a lovely aspect and is within a short distance of the centre with its selection of shops and local amenities.

Having been operated by the current owners for over 21 years, this well known destination property has established an excellent reputation for offering a warm welcome with a wide selection of traditional beers and is also renowned for its fresh home cooked cuisine. The business also offers conference facilities, 13 letting rooms all en-suite, civil ceremonies, wedding receptions as well as offering themed nights.

The highly visible and imposing detached property has provided accommodation since its construction and provides spacious and welcoming business accommodation which is well presented with quality furniture and furnishings as well as all of its original features.

In addition to the main business property, there is a substantial plot of land to the rear of the property which was previously granted planning permission for an additional 19 letting rooms giving this opportunity, potential growth for the future.

This thriving and highly lucrative business which would be an ideal investment for an ambitious new owner who can continue to develop and nurture the business enjoying the financial rewards and lifestyle a business of this quality has to offer.

The reputation of this business is outstanding with strong ratings of 4.5 on Tripadvisor and 4.3 on Google Reviews.

To fully appreciate this excellent business opportunity, viewing is highly recommended. The business is only now being offered for sale due bereavement.

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