16th century Lincolnshire inn on the market

A 16th century inn with rooms in the Lincolnshire village of Conningsby has been put on the market for £1.25m.

The Leagate Inn, which dates back to 1542, retains such period features such as beamed ceilings, exposed brick walls and working fireplaces.

Along with eight en-suite bedrooms that carry a four-diamond rating, the inn offers a lounge bar, breakfast room, conservatory and restaurant with a combined 135 seats.

Outside it has a terrace trading area, a lawned beer garden and a children's play area.

The inn makes an adjusted net profit of around £175,000 per annum on sales of £500,000 (excluding VAT). However, as the bar and restaurant only open for limited hours, there is scope to boost income by extending the opening hours.

The Nottingham office of Davey & Co is marketing the property on behalf of the Dennison family, which has run the business for the past 11 years.

By Angela Frewin