The freehold of The Winch has become available for sale and represents a fantastic investment opportunity. The Winch Public House is located on the A10 in the village of West Winch, 2 miles south of Kings Lynn and approximately 9 miles north of Downham Market.
The premises comprises a large, two storey building with single storey extensions and a conservatory. Internally, the pub has three trade areas; a sports bar, lounge bar and restaurant/dining room. Externally, the property benefits from a large trade garden which is laid to lawn and a large gravel car park. Manager's accommodation is also provided.
The premises are currently let on fixed term tenancy to an experienced and competent operator who has been at the premises since 2016. The property has been recently refurbished and has been well kept by the current operator.
An outline application for up to 1,110 residential units (Class C3); primary school (Class D1); local centre (Class A1, B1, D1, D2); public open space has been submitted and is still being determined by the Council. If approved, the existing A10 road network would be reconfigured to include a large roundabout adjacent to the Winch public house. The roundabout would provide one of the primary accesses into the new development and consequently, the Winch would be in a excellent position to attract new customers and would be located in a prominent location at the entry point to the development.
The public house is open and trading. The operators are aware of the sale but viewings must be accompanied by the agent and therefore prospective purchasers should make themselves known to Caldecotte Group.
The inventory including fixtures and fittings are owned by the current tenant. The cellar cooling and beer raising and dispense equipment is not owned by the Seller and is excluded from the sale.
The property has a right of way over the newly created road which serves a new development of 17 houses (nearing completion) to the rear of the Winch.
The site is being sold freehold.
We believe that all of the mains services are located within the vicinity of the site, however prospective purchasers should make their own enquiries with the relevant utility and service providers.
Please contact Caldecotte Group for details on VAT and Stamp Duty.
Each party will responsible for their own legal costs during the course of the transaction.
Further information is available upon request including details of the current tenancy agreement.