A drinking place in point (3)

I believe the answer is:

inn

'a drinking place' is the definition.
(I know that inn is a type of drinking establishment)

'in point' is the wordplay.
'point' becomes 'n' (North).
'in'+'n'='INN'

(Other definitions for inn that I've seen before include "Hotel or public house" , "Small hotel or country pub" , "Hostelry, tavern" , "One of Lincoln's" , "European river" .)

I've seen this clue in The Globe and Mail.

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