Restaurants in PE11

The Crescent, Spalding, Spalding, Lincolnshire, PE11 1AF

Brochure

Tenure: Freehold

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Starting bid£175,000

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Key Information

Parking: Allocated

Property features

REDEVELOPMENT POTENTIAL
EPC RATING D
Prominent location

Restaurants in PE11

** Town Centre Restaurant premises - covers for 40 - Property provides accommodation on Ground and First floors, with Basement and Attic Room - Potential for conversion to Residential Use STP - All furniture, fittings and equipment available by separate negotiation **
The property is a semi-detached brick and slate building, and occupies a prominent location in The Crescent adjacent to Spalding Osteopathic Practice. Bookmark and other local independent retailers are also located along The Crescent. The Victoria and Sheep Market car parks are nearby, and Spalding´s Market Place and main shopping areas are very close by.

REDEVELOPMENT POTENTIAL
For the last 30 years the property has been used as a Chinese Restaurant by the present owner and their family. The property has an extensive kitchen at the rear, with adjacent dry stores, and further stores at basement level.
The first floor provides WC facilities and further ancillary storage and has a shower-room, and therefore could also be used as a Manager´s flat. There is a full staircase to the attic, which is at present only in basic order and is used for further storage.
The building therefore has potential for continued Restaurant use or for conversion to Residential use. Interested parties are advised to make their own enquiries as to what Planning Permission may be required via South Holland District Council - Planning Department on .

PLANNING
The property is in the Spalding Conservation Area.

Gross Frontage: 37´ (11.47m)
Internal Width: 18´1 (5.51m)
Restaurant Depth: 29´1 (8.87m)

ACCOMMODATION
The property provides accommodation on the ground, first and basement floors and has an attic with the following approximate dimensions and areas:-

Ground Floor:
Restaurant 8.87m max x 5.51m - with Bar/counter, some booth style seating - covers for 40.
Door off to stairwell and basement
Rear Kitchen 5.93m x 3.76m 2 Stainless steel sinks and a hand wash basin.
(Stainless steel 7 burner hob, oven, extractor hood, central preparation area plus other equipment available by separate negotiation)
Store 2.61m x 1.67m (Fridges/Freezers available by separate negotiation)
Lobby 3.16m x 1.67m Gas Combi Boiler
Door to outside

Basement
Drinks store 4.24m x 1.37m
Store 8.65m x 3.73m (Freezers available by separate negotiation)

First Floor:
Ladies WC WC and wash hand basin
Gents WC WC and wash hand basin
Rear room 3.62m x 2.70m
Front room 4.76m x 2.35m
Front room 2.19m x 2.98m
Shower room 1.48m x 2.04m with electric shower, WC and wash hand basin
Staircase to Attic
The property has an enclosed rear yard leading from a side passageway from The Crescent. There is one car parking space in front of the property, but there is no vehicular access to the rear of the property.

Description

The town Centre Restaurant premises - covers for 40 - Property provides accommodation on Ground and First floors, with Basement and Attic Room.

Location

Spalding town centre

Tenure

Freehold - Title Number LL374892

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

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The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
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£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

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More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

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