Leisure And hospitality specialist Sidney Phillips are proud to announce that the Plough Inn in Binbrook near Market Rasen, has come to market, available for freehold purchase.
The Plough is situated in the vibrant Lincolnshire village of Binbrook, in the magnificent Lincolnshire Wolds which covers 560 square kilometres and houses a variety of landmarks and amenities that include the popular Cadwell Park, one of the UK's top motor racing circuits; the award-winning Ovens Farm Vineyard; and the picturesque Hubbard’s Hill’s park picnic and beauty spot.
The Plough occupies a two-storey semi-detached pub located in the marketplace where it benefits from being the only inn in the village. It boasts 54 covers across a main bar and two snug areas. In addition there is a sizeable trade garden providing further seating for 60.
The Plough, which was been fully refurbished in 2017, currently operates as a 100% wet-led community village public house, hosting both a darts and pool team as well as showcasing live sporting events via Sky Sports TV. The business' main custom comes by way of the local community clientele, however, does attract destination trade by way of visitors to the nearby Cadwell Park Racing Circuit, alongside ramblers and dog walkers who travel from the nearby towns to take in the beauty of the Lincolnshire Wolds.
The opportunity to increase turnover is available by way of the currently unused commercial kitchen, allowing a new operator the potential to attract a new type of destination food clientele. The property also benefits from granted planning permission to erect a block of four holiday cottages.
The freehold interest of the Plough Inn is available off an asking price of £350,000.
For further information about this pub for sale, other pubs and hotels for sale or to let or how to buy a business please call Sidney Phillips on 01522 500059, or email east@sidneyphillips.co.uk.
(May 2022)