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The Pincushion is a large detached pub situated in the suburb of Wyberton on the edge of Boston and is prominently placed on the main road. The area is mainly privately owned housing and some small shops along with the newly built Boston United football ground being less than a mile away.
The pub is split into two separate trading rooms - the larger being the main bar area with seating for around 40 people and a pool table which could be moved to allow for bands and a dance floor area for functions. The second room is more of a snug / dining area for up to 25 covers with access to the kitchen allowing for easy service. This room could easily be sectioned off to allow for small functions. Externally there is a fantastic beer garden with a sheltered area and parking spaces to the front of the pub.
On the first floor and comprising of two double bedrooms, lounge, kitchen/diner and bathroom. An additional room is currently used as an office but could easily be converted into an additional single bedroom if desired.
Annual Rent: £20,000
Security Deposit: £5,000
Working Capital: £5,000
Stock: £3,000
F&F: Included in the rent.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Pincushion is a great pub which needs a great operator. Enthusiasm and passion are essential with an understanding of running a great community pub through great service and retail standards. A strong marketing plan and the ability to implement this is vital to ensuring this is the best family friendly pub in the area. A full external refurbishment is planned for the pub once the right operator has been identified.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
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.
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