A free of tie public house refurbished to a high standard a few years ago.
The property is laid out over three floors and provides a basement and ground floor trading area comprising kitchen, Function Suite, main bar area, seating/games area.
First and second floors comprise living room, bathroom and kitchen, together with 4-5 bedrooms.
Externally there is a large beer garden and ample car parking with additional outside storage.
The property is positioned in an attractive riverside location within the popular village of Saxilby, which lies approximately 6 miles to the north west of Lincoln and affords easy access to the A46 Lincoln Bypass and the wider road network beyond.
The village has a resident population of circa 4,000 and offers a good range of local amenities including a Co-op Convenience Store and Pharmacy, a Post Office, Doctors Surgery and three Junior Schools.
The upmarket Burton Waters development is located approximately 3 miles to the east on the main A57 into Lincoln, where there is a David Lloyd Health Club and Tennis Centre, together with a selection of good quality restaurants and upmarket retailers.
TOWN AND COUNTRY PLANNING
The existing use of the property is as a pub/restaurant falling within Use Class A4 (Drinking Establishments) of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Alternative uses may be appropriate subject to receipt of necessary Planning Consent.
The property is available by way of assignment of the existing lease dated 24th January 2017. The Full Repairing and Insuring lease is for a period 5 years at a current passing rent of £25,000 per annum exclusive.
There will be an automatic uplift in the rent to £30,000 per annum exclusive in Years 4 and 5 of the term.
Each party will be responsible for their own legal costs incurred in documenting the transaction.