If you are looking for pub tenancies in Spilsby , you could run The George Hotel!
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Pub Tenancies In Spilsby – Run The George Hotel
The George Hotel sits in a prominent position on the edge of the village of Spilsby, some 10 miles from Skegness and on the main road leading to this popular seaside town. The village has a good range of local shops and there is a modern Sainsbury’s supermarket directly adjoining.
The George Hotel Spilsby
The George has the added benefit of two function rooms, one for approx. 100 and one for approx. 25. The pub also has nine letting bedrooms, they are a mixture of double/twin/family rooms. They are occupied in the main by local contractors during the week and at weekends by tourists. The rooms have shared bathroom facilities. There is a large catering kitchen, currently, the pub does not offer any food, but this is very much an untapped income stream. The site has forecourt seating and includes circa 25 space car park. The private accommodation comprises two bedrooms, a lounge, kitchen, and bathroom.
A substantial two-storey brick building that operates as a traditional local.
The George Hotel Spilsby
Ingoing Cost: £5,000
Annual Rent: £19,500
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: Entry via a TAW then a 5 year part tied tenancy
Agreement type: PART TIED – FOT Wines, Spirits & Non-Postmix Minerals.
Rent: £19,500
Ingoings: £5,000 deposit, plus stock and glassware.
F&F on valuation and on completion of the 5-year tenancy STEPPED RENT SUPPORT IS AVAILABLE FOR THE RIGHT OPERATOR.
The George Hotel Spilsby
The George Hotel would suit a couple with experience of the trade and with a desire to grow the food and function trade of the pub.
