Pub/bar for sale in Main Road, Louth LN11, £750,000

750,000.00

Offer Nr.:
64907519
Type of ad:
for Sale
Property type:
Pub/bar
Bathrooms:
3
Reception rooms:
4
Contact name:
Nationwide Business Sales
Phone(s):
0113 427 5931

* Freehold
* Traditional country pub
* Bar and restaurant with 90 covers
* Large function room
* Multiple income streams
* 18 pitch caravan and camping site
* Beer garden
* Parking for up to 40 cars
* Fantastic location
* £110K anp
* 3 - bed owners’ accommodation
Summary
Gorgeous 19th century large country pub restaurant packed with traditional
features in a fantastic location, caravan and camping site to the rear, beer
garden and convenience store
The Waggon & Horses has a fabulous reputation and is a well - known destination
pub and restaurant for both locals and tourists, being within easy reach of
Louth, Mablethorpe and the Lincolnshire Wolds
The large restaurant comfortably accommodates around 60 covers with the lounge
areas boosting this number to around 90
Large conservatory used for dining and functions, which can hold at least 32
covers
The village store is used by locals and tourists and sells convenience goods
and foods, newspapers, magazines, and more
Sports facilities include a TV with BT sports and a pool table
A ‘pop - up’ Post Office operates from the pub between 10am and 12 noon on
Wednesdays
There is a generous three - bedroom owners’ apartment above the pub; please see
attached floorplan
Key Features
\ - Large freehold country pub
\ - Bar and restaurant with 90+ covers
\ - Conservatory dining/function room
\ - Village convenience store
\ - 18 pitch caravan and camping site
\ - Beer garden
\ - Large car park
\ - Lovely location
\ - £110K anp / £510K+ t/o
\ - Owners’ accommodation
Opportunity
The Waggon & Horses is wonderful opportunity for a couple or family looking
for a large successful ‘year - round’ traditional destination pub with dining,
that sits at the heart of a village community and has a popular caravan and
camping site along with a village store
Location
The Waggon & Horses is the only pub and convenience store in the small village
of South Reston, on the edge of the Lincolnshire Wolds
In a prominent position on the A157 approximately 7 miles from Louth, 8 miles
from Mablethorpe and 6 miles from Alford, it is extremely well placed and
attracts regulars and tourists from coastal areas, the Wolds and beyond
Internal Details
Entering from the front, you are greeted by a welcoming and characterful
lounge area with three sections, all feature filled with wood - panelled walls
and ceiling beams
The well - stocked bar has 3 hand pulls and 5 taps, along with ample room for
bar stool seating
The village store is located off the lounge section that has the pool table
and TV
The cosy middle lounge section is directly opposite the well - stocked bar and
has an open fire
The third section of the lounge offers a larger seating area adjacent to the
restaurant, with access to the toilets and side entrance
The spacious restaurant area has its own service bar and leads through to the
large conservatory dining/function room, which has a disabled toilet off
Well equipped commercial kitchen on the ground floor to the rear of the
property, with several freestanding fridge and freezer units and generous
worktop space
The cellar is equipped with six gantries for ales and is located on the ground
floor
The well presented three - bedroom owners’ accommodation is on the first floor
and offers two large bedrooms, a smaller bedroom/study, a modern bathroom with
a large walk - in shower, a kitchen and a generous living/dining room
Please see the floorplans for further information
External Details
The front of the property stands in a prominent position, with an appealing
mock - Tudor appearance and attractive stained glass windows
There is a large car park, beer garden and conservatory
The 0. 9 acre caravan and camping site with 18 pitches including 8 electric
hook - up points is accessed via the car park and has toilet and shower
facilities, along with a fresh water tap, washing up facilities and a chemical
toilet waste point
The facilities block to the caravan and camping site also has two garages
Additional external storage for good and equipment to the rear of the pub,
along with a laundry room
Tenure
Nationwide Business Sales are delighted to offer The Waggon and Horses to the
market on a freehold basis at 'Offers Over £750, 000'
Staff
All staff are subject to tupe regulations
Financial
Full accounts are available upon request
Sales are circa £510, 000 per annum generating an adjusted net profit in excess
of £110, 000 a year
Further information
The Waggon & Horses, South Reston has a dedicated website, please visit
The caravan and camping site is within the grounds of the Waggon & Horses and
will not be sold separately

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