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The Wheel Inn Main Rd 3,008 sq ft Retail Property Welton Le Marsh PE23 5TA £325,000 (£108.05/sq ft)
Investment Highlights
- Less than 10 miles to the coast and beachfront
- Desirable Lincolnshire village close to Spilsby
- Car park, trade patios and beer garden
- Detached 19th century public house & restaurant
- Separate detached holiday let included in the sale
Executive Summary
The accommodation comprises a traditional public house and restaurant arranged around a main bar and restaurant trading area with customer seating, supported by a fully fitted commercial kitchen, food preparation room, pot wash area, office accommodation and customer facilities. Additional storage is provided via a basement cellar with external barrel drop. The property also includes a detached one-bedroom holiday let, suitable for ancillary accommodation or income-generating use.
Property Facts
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
3,008 sq ft
Costar Property Class
C
Year Built
1880
Price
£325,000
Price per sq ft
£108.05
Tenancy
Single
Number of Floors
2
Plot ratio
0.21
Total Plot Size
0.33 ac
Parking
5 Spaces (1.66 Spaces per 1,000 sq ft Leased)
Frontage
56 ft on Main St
Amenities
- 24 Hour Access
- Courtyard
- Dedicated Turn Lane
- Signage
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The Wheel Inn | Main Rd
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