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Cafe/restaurant premises with upper floors

  • Freehold Price: £375,000
Seller Reference: 9 Sadler St Wells
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Business Description
 
 
 
 
 
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Seller Reference: 9 Sadler St Wells
Request Details
Business Description
7 Sadler Street comprises a Grade II*Listed mid-terrace 3 storey Café/Restaurant premises with consent for residential use on the upper floors.

The internal accommodation is currently comprising as follows. Ground floor restaurant/café with feature fireplace and serving counter, commercial kitchen benefitting gas interlocking extraction system. Shared entrance leading from Sadler Street leads to the upper floors and WC and store. The first and second floors currently comprise ancillary storage and office accommodation and kitchen.

Located within the centre of the city, just off the Market Place with excellent levels of pedestrian traffic.

Currently occupied as a Café/Restaurant with the upper parts vacant but may suit alternative uses such as A1 or A2 type uses, subject to any necessary consents. In the past having been occupied as Solicitor’s offices. With the benefit of consent for residential use on the uppers it offers a fantastic opportunity for an owner occupier but may also suit potential investment opportunity.

The restaurant is in good decorative order having been refurbished when the Vendor purchased the property however would benefit a degree of modernisation to upper parts. It retains a number of character features including exposed beams, fireplaces and flooring.

There is no external curtilage included with the property.

Planning consent has been granted, with conditions, for the change of use of first and second floor from solicitor’s offices (A2) to residential C3). Floor plans relating to this consent are included overleaf showing a 2-bedroom maisonette. Further details available from the agents.

Situation

Situated at Sadler Street within the city of Wells. Wells caters for most everyday needs with national and independent retailers, restaurants and pubs, cinema, and open-air markets on Wednesdays and Saturdays

There are good road connections to Bristol and Bristol Airport, Bath and Castle Cary (circa 20 mins away) provides direct rail links to London Paddington.

The surrounding area has a wide range of recreational activities, including Wells Golf Club, Mendip Shooting Range and sports such as Rugby and Cricket a short journey away at Bath and Taunton. Millfield school Glastonbury and Downside School in Stratton -on-the-Fosse are easily accessible.

Existing Business (Liberty Café)

The existing business has ceased due to retirement of the Vendor. Trade fixtures and fittings available by separate negotiation.
Tenure:
Freehold
Location Details:
Sadler Street Wells
Downloadable Documents:
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