Red Lion, Raithby, Lincolnshire, PE23

Location:
The Red Lion Inn is situated in the Lincolnshire village of Raithby, located 2.1 miles northwest of Spilsby, 7.8 miles southeast of Horncastle, 29.1 miles east of Lincoln and less than 2 miles south of the A158 which connects Lincoln in the west to Skegness on the east coast.

The Red Lion Inn is the principal amenity in Raithby, although the village also has a Methodist chapel and a 12th century church dedicated to the Holy Trinity. Historically, Raithby played an important role in the spread of Methodism in Lincolnshire: after visiting Raithby in 1788, John Wesley, the founder of Methodism, declared it 'an earthly paradise'. The village contains one of the oldest Methodist chapels in England, and one of the few surviving chapels opened by Wesley himself. Raithby is served by the InterConnect 56 bus route which runs from Lincoln Central bus station to Skegness Interchange. The bus stops directly outside the pub.

Property:
The Red Lion Inn is purported to have been built in the mid 18th century. It occupies a two-storey, Grade II listed, detached brick building under a pantile roof. It is located on the corner of School Lane in the centre of the village.

The property briefly comprises:

Trade Areas
Front entry via School Lane, leading directly into the MAIN BAR which comprises three trade areas and has combined seating for 24, two open fireplaces, carpet flooring, a log burner and a wooden main bar servery with enclosed staircase behind. The staircase leads down to the open plan basement CELLAR which benefits from an external barrel drop. RESTAURANT with seating for 22, an open fireplace, carpet flooring and exposed feature brick walls. SNUG/DINING ROOM with seating for 14, carpet flooring and entry to the fully-fitted COMMERCIAL KITCHEN which has stairs up to the first-floor private accommodation and an external door out to a service yard. INNER HALL with entry to LADIES’ and GENTLEMEN’S TOILETS. REAR HALL with access to the letting accommodation.

Manager’s Accommodation
First floor: Accessed via an enclosed staircase in the commercial kitchen. LOUNGE. DOUBLE BEDROOM. SHOWER ROOM.

Letting Accommodation
Ground floor: LOUNGE accessed internally via the rear hall or externally via a private door from the rear trade patio. DOMESTIC KITCHEN with UTILITY CUPBOARD.
First floor: THREE DOUBLE BEDROOMS, each with SHOWER EN SUITE. SINGLE BEDROOM. SITTING ROOM/OFFICE.

External
FRONT TRADE PATIO with seating for 12. REAR TRADE PATIO with seating for 60 and a sheltered BBQ AREA. SERVICE YARD with gas bottle store and a single storey OUTBUILDING utilised as a fridge/freezer store. REAR CAR PARK with an OIL TANK and space for 14 vehicles.

Detached dwelling (formerly utilised as a brewery)
Ground floor: LOUNGE. KITCHEN. INTEGRATED SINGLE GARAGE. REAR HALL with staircase to the first floor.
First floor: KITCHEN. LOUNGE. BATHROOM. DOUBLE BEDROOM.

Licence:
A Premises Licence is held permitting the retail of alcohol:
Seven days a week: 10:00 – 02:00.

Services:
Mains electricity and water are connected. Septic tank drainage. LPG cooking facilities and oil-fired central heating.
Rateable Value: £11,500.
Local Authority: East Lindsey District Council.

Business:
From 2018 until 2026, The Red Lion Inn traded under a tenanted operation as a traditional public house and restaurant. The venue has three en suite letting bedrooms which were most recently utilised as manager’s accommodation whilst the pub’s dedicated, one-bedroom, private manager’s flat was used as a storage area. A new operator may wish to relaunch the letting bedrooms to create a new income stream. The conversion of the detached dwelling in the car park to additional letting accommodation (STPP) may also lead to an increase in trade.

The pub’s kitchen was renowned for its ‘British Classics’ menu which used fresh, local and seasonal ingredients and led to the business being awarded 'Best Dining Pub of the Year’ at the 2024 Lincolnshire Life Magazine’s Taste Of Excellence Food & Drink Awards. The venue was also renowned for its classic car rallies and bike nights. Following the most recent tenants’ decision to leave the business, our clients now wish to sell the property.

No trade is sold or warranted and historic trade accounts are unavailable. Prospective purchasers must make their own assumptions as to the likely level of trade which could be enjoyed at this outlet.