Pubs On The Market v2.0

Crown Inn Saltfleet

East Midlands

Pump Lane, Louth, Lincolnshire LN11 7RL, UK

The Crown Inn is traditionally decorated with plenty of charming features and quality carpeting throughout. The main bar area has its own servery, featuring cask ales and international brands and houses an open fireplace and loose furniture to accommodate up to 40 drinkers and diners alike. This area is well decorated with art-deco light fittings and wooden cladding. The pub boasts a games room situated to the front of the pub with a pool table, popular with locals. A further 30 covers can be found in the bright and quirky restaurant which offers a popular food offer supported by the fully equipped trade kitchen. A covered smoking solution with several benches can be found to the side of the pub, beneath a wooden pergola. There are four picnic benches in a fenced tarmac garden, adorned with hanging baskets. The private accommodation consists of two-bedrooms, a lounge and a kitchen, ideal for a couple.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.


Everything about the Pub

The Crown Inn is well located on the edge of a holiday park with ample surrounding residential housing. Saltfleet is a coastal village in the East Lindsey district of Lincolnshire, situated eight miles north from Mablethorpe and eleven miles east from Louth. There are several caravan sites and a lakeside lido nearby which attracts plenty of tourists. Local attractions include Saltfleetby-Theddlethorpe Dunes, Donna Nook National Nature Reserve and Cadwell Park Race Course.

Private Accomodation

Maintained to a high standard, it has an open kitchen/lounge & allows immediate occupation. There is the facility to have further private bedrooms if required at the expense of letting accommodation with minor false wall adjustments.

Agreement Fee: £0.00

Cash Float: £2,000.00

Fixtures & Fittings: £13,000.00

Forecast Turnover: £288,877.68

Full Deposit: £5,500.00

Full Tie Release: £31,250.00

Guide Rent: £22,000.00

Initial Deposit: £0.00

Repair Fund: £1,500.00

Stock & Glassware: £2,000.00

Working Capital: £16,500.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £58,417.52

Forecast Other Turnover: £0.00

Forecast Wet Turnover: £230,460.16

Additional Info

Ingoing Cost: £16,500.00
Annual Cost: £22,000.00

Agreement Type: Fixed Term Tenancy

The Crown provides a rare opportunity for a newcomer to the trade to operate a multi-faceted business whilst enjoying a village lifestyle. I am interested in hearing from those who can maintain high standards whilst integrating with the local community.


Contact The Love Your Pub Team:

Contact number: 01329 227488

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The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.