LINCOLNSHIRE - AWARD WINNING STONE FRONTED PROFIT MAKING PUB & RESTAURANT

Located in the quaint Lincolnshire village of Digby is this 2 storey stone fronted detached Public House and Restaurant that oozes character, benefiting from original feature beams throughout, 3 sizeable internal trade areas and high specification owners accommodation improved to a high standard by the current occupier. This profit making business holds the major accolade of being The Taste Of Excellence Lincolnshire pub of the year 2017, Select Lincolnshire pub of the year for 2018 & 2019 and is therefore highly regarded as one of the best public houses in the county. Early viewing is advised to truly understand the beauteous setting the property is situated within.

The Red Lion is situated in the quaint Lincolnshire village of Digby which is approximately 13.6 miles (26.2 km) south of Lincoln, 35.9 miles (57.7 km) west of the coastal seaside resort town of Skegness and 6.7 miles (10.7 km) north of the market town of Sleaford. The A1 Motorway can also be found 20.4 miles (32.8 km) west.

The area benefits from a variety of notable landmarks and amenities such as the picturesque Lincolnshire Wolds, an area of outstanding natural beauty, Tattershall Castle built in 1231 and the famous Lincoln Cathedral. The village has a C of E primary school, convenience store, war memorial hall and the Grade I listed St. Thomas Martyr's church.

The Red Lion which dates back to the early 1600’s occupies a characterful two-storey detached brick building with feature stone front elevations under a pantile roof. The property benefits from being situated in a prominent position adjacent to the renowned Digby Cross in the centre of the village on the corner of Church Street and North Street. The property enjoys views over the gothic village church and Springwell Brook Waterway. It briefly comprises:

TRADE AREAS
GROUND FLOOR
Entrance into the Foyer/Entrance Hall which gives access to the LOUNGE BAR/MAIN BAR AND RESTAURANT which has seating for 32, carpet floor, open coal fireplace, original feature beams and BAR SERVERY. GAMES ROOM with carpet floor. RESTAURANT to seat 30, carpet floor, BAR SERVERY and feature hanging bar lights. Adjacent is the SNUG with seating for 16, carpet floor, feature display cabinet, feature beams. Rear Hall which gives access to LADIES AND GENTLEMEN’S TOILETS.

Fully fitted COMMERCIAL KITCHEN includes non slip flooring, extractor canopy, boiler cupboard, access to the first floor which includes a stair lift. CELLAR split into two rooms.

OWNERS ACCOMMODATION
OWNERS ACCOMMODATION comprising FOUR DOUBLE BEDROOMS. The master bedroom includes a DRESSING ROOM and an EN-SUITE BATHROOM. KITCHEN, LOUNGE/DINER and OFFICE. BATHROOM which includes a jacuzzi bath, walk-in shower and twin sinks. ROOF TERRACE with water feature, outside lighting and electric sockets.

EXTERNAL
CAR PARK for 18 vehicles. CHILDREN'S PLAY AREA. TRADE GARDEN with seating for 24. Two Integral Outbuildings. Undercover Storage Area. Workshop, Double Garage. PRIVATE ENCLOSED OWNERS GARDEN. GARDEN/FUNCTION ROOM with seating for 28 which includes laminate flooring and wall lights.

Note: An informal verbal agreement is in place with the adjacent village hall for overspill parking with space for 20 additional vehicles.

Our clients have operated The Red Lion for just over 9 years. During this time they have transformed a poorly performing public house into a profitable and high specification freehouse and restaurant whilst retaining its character by embracing its original features alongside a modern décor and ambience. The business is well established and boasts a 5 star hygiene rating as well as the major accolade of being ‘The Taste Of Excellence’ Lincolnshire pub of the year 2017 and Select Lincolnshire pub of the year for 2018 and 2019.

Positively reviewed by both the local community and a variety of websites including Trip Advisor, The CAMRA Good Pub Guide and WhatPub.com this successful business has a core community patronage of local residents, Royal Air Force (R.A.F) employees from the nearby camps and destination diners. A traditional ‘rustic’ menu using locally sourced fresh ingredients is twinned with a ‘door to door’ takeaway delivery service which results in a high turnover destination food business which also has a variety of quality cask ales, craft beers, premium lagers and fine wines. The property currently has both darts and pool teams that partake in the local county leagues, a plethora of themed nights and live entertainment evenings that contribute to the business’s turnover.

The business is currently operated by our clients and six part-time staff. The introduction of live sporting events, an extension of the current limited opening hours and the conversion of the private accommodation into letting rooms (STPP) would lead to an increase in turnover. The business is currently supported by a dynamic website and social media accounts which will be passed over to the buyer on completion. A branded company vehicle could also be available in addition subject to agreement on price.

Accounting detail will be made available to serious parties following a formal viewing.

FREEHOLD £350,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. 

No direct approach to be made to the business, with all communications directed through Sidney Phillips. Viewing strictly by appointment only.

A full Premises Licence is held.

Opening Hours

Monday - Closed
Tuesday - 6.00 pm - 10.30 pm
Wednesday - Thursday: 11.30 am - 3.00 pm Evening: 6.00 pm - 10.30 pm
Friday - Saturday: 11.30 am - 3.00 pm Evening: 6.00 pm - 11.30 pm
Sunday: 12 Midday - 3.00 pm Evening: 7.00 pm - 10.30 pm

Food Available: 12 Midday - 2.00 pm Evening: 6.00 pm - 9.00 pm
Sunday Lunch: 12 Midday - 2.00 pm - No Evening Service

All mains services are connected. The property also benefits from having both burglar and fire alarms.