Historic Braunston-in-Rutland pub up for sale
By The Editor
14th Jun 2019 | Local News
An historic Braunston-in-Rutland pub owned by the same couple for 19 years is up for sale.
Charles Boote and his wife want to retire and have put the The Old Plough on the market at £695,000 for the freehold interest.
The building dates back to the 18th century and has been an inn and public house for more than 200 years.
As well as the large pub, with 50 covers, there's also a conservatory restaurant for 40 guests with a patio for extra seating, an enclosed beer garden and covered terrace and five Rutland Water-themed en-suite guest bedrooms.
The business has historically been run under managment and owner Mr Boote said: "My wife and I have owned The Old Plough for 19 years since 2000, and it has proved to be an excellent investment with continuing great reviews and great potential.
"We have continually modernised and updated the bar, restaurant and hotel facilities, to the point that The Old Plough is now offering a great experience to customers in Braunston and the beautiful surrounding area.
"But as my wife and I are well past retirement age, it is now time to hand over The Old Plough to the care of new owners."
Gavin Webb, Senior Business Agent at Christie & Co, which is handling the sale said: "The Old Plough is a superb business and offers a fantastic opportunity for an owner-operator or small multi-site operator to take on a well-established hospitality operation.
"There are limited freehold opportunities available in Rutland and we anticipate strong levels of interest in this well invested and well located site.
"Pubs with rooms are growing in popularity and with its letting accommodation provision affording the business another income stream, this will make The Old Plough an extremely attractive proposition."
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