5 Bedroom Pub with Brewery and Restaurant in Spilsby Lincolnshire Available for New Ownership

Description

Lincolnshire village location close to Spilsby and the A158Detached 18th century public house and restaurantThree en-suite letting rooms and private manager’s flatBasement cellar and fully fitted commercial kitchenTrade patios, service yard, and storage outbuildingLarge car park and detached former brewery dwellingLOCATIONThe Red Lion Inn is situated within the Lincolnshire village of Raithby, approximately 2.1 miles north west of Spilsby, 7.8 miles south east of Horncastle, and 29.1 miles east of Lincoln. The property is positioned less than 2 miles south of the A158, providing convenient access between Lincoln and the east coast resort of Skegness.The Red Lion Inn serves as the principal hospitality venue within the village. Raithby also features a Methodist chapel and a 12th century church dedicated to the Holy Trinity. The village has historical significance within the development of Methodism in Lincolnshire, with John Wesley having described Raithby as “an earthly paradise” following his visit in 1788. The village retains one of the oldest Methodist chapels in England and one of the few surviving chapels opened personally by Wesley.The village is served by the InterConnect 56 bus route operating between Lincoln and Skegness, with the bus stop located directly outside the property.PROPERTYThe Red Lion Inn is understood to date from the mid 18th century and occupies a detached two storey Grade II listed brick building beneath a pantile roof. The property occupies a prominent corner position on School Lane in the centre of the village.Trade AreasThe main entrance from School Lane leads directly into the MAIN BAR, comprising three separate trading areas with combined seating for approximately 24 customers. Features include two open fireplaces, carpet flooring, a log burner, and a traditional wooden main bar servery with enclosed staircase access to the basement cellar below.The open plan basement CELLAR benefits from an external barrel drop facility.RESTAURANT seating approximately 22 customers, featuring an open fireplace, carpet flooring, and exposed brick feature walls.SNUG / DINING ROOM with seating for approximately 14 customers and direct access into the fully fitted COMMERCIAL KITCHEN. The kitchen also provides staircase access to the first floor private accommodation together with an external access door to the service yard.INNER HALL providing access to ladies and gentlemen’s toilet facilities.REAR HALL with access to the letting accommodation.Manager’s AccommodationFirst floor accommodation accessed via enclosed staircase from the commercial kitchen, comprising:LOUNGEDOUBLE BEDROOMSHOWER ROOMLetting AccommodationGround floor:LOUNGE with both internal access from the rear hall and private external access from the rear trade patio.DOMESTIC KITCHEN with utility cupboard.First floor:THREE DOUBLE BEDROOMS, each benefiting from en-suite shower facilities.SINGLE BEDROOMSITTING ROOM / OFFICEExternal AreasFRONT TRADE PATIO with seating for approximately 12 customers.REAR TRADE PATIO with seating for approximately 60 customers together with sheltered BBQ AREA.SERVICE YARD incorporating gas bottle storage and a single storey OUTBUILDING currently utilised as fridge and freezer storage.REAR CAR PARK providing parking for approximately 14 vehicles together with oil tank.Detached Former Brewery / DwellingGround floor:LOUNGEKITCHENINTEGRATED SINGLE GARAGEREAR HALL with staircase to first floorFirst floor:KITCHENLOUNGEBATHROOMDOUBLE BEDROOMLICENCEThe property benefits from a Premises Licence permitting the retail sale of alcohol:Seven days per week: 10:00 - 02:00SERVICESMains electricity and water are connected.Septic tank drainage system.LPG cooking facilities.Oil fired central heating system.Rateable Value: £11,500Local Authority: East Lindsey District CouncilBUSINESSBetween 2018 and 2026, The Red Lion Inn traded under a tenanted arrangement as a traditional public house and restaurant. The venue includes three en-suite letting bedrooms, most recently utilised as manager’s accommodation, while the dedicated private one bedroom manager’s flat was used primarily for storage purposes. A new operator may choose to relaunch the letting accommodation to establish an additional revenue stream.There is also potential, subject to the necessary permissions, to convert the detached dwelling within the car park into further guest accommodation, creating additional business opportunities.The commercial kitchen developed a strong reputation for its British Classics menu using fresh local and seasonal ingredients. This resulted in the venue receiving the “Best Dining Pub of the Year” award at the 2024 Lincolnshire Life Magazine Taste Of Excellence Food & Drink Awards.The business also became well known for hosting classic car rallies and motorcycle evenings. Following the decision of the most recent tenants to vacate the business, the owners have elected to place the property onto the market.No trade is sold or warranted, and historic trading accounts are unavailable. Prospective purchasers should make their own assessments regarding the future trading potential of the property.