Character 2 Storey Pub in Lincolnshire town centre

  • Freehold Price: £225,000
Spalding, Lincolnshire, England
Under Offer

Character 2 Storey Pub in Lincolnshire town centre

Spalding, Lincolnshire, England
  • Freehold Price: £225,000

Description

• Central Town Centre location
• Character 2 storey freehold
• Dedicated rear car park c 20 spaces
• Site area c 0.29 acres (approx)
• Rear function room (capacity 80-100)
• Lounge & Public Bar areas (c 50+ covers)
• Sizeable private accommodation- 4 bedroom
• Currently closed
• Suitable for a variety of uses (stpp)

Property
The Black Swan is a character mid terrace 2 storey property under pitched tiled roof with substantial single storey rear extensions.

The property is accessed from New Road via a central lobby entrance. To the right hand side is a Public Bar with wood flooring, with mixed fixed and loose seating for c 30 covers, with space for pool table and darts. To the left hand side is a Lounge Bar with space for 24 covers, both served by a central wooden bar servery.

A further Snug area and customer WC’s are situated behind the bar area with access to a sizeable basement cellar.

To the rear is a large Function Room, with separate self contained access, with dedicated bar servery with capacity for 80-100.

The 1st floor provides 4 double bedrooms, bathroom and lounge.

Measurements
Gross External Footprint of the property (GEA) is 397m² / 4,165 sq ft, with a total Site Area of circa 0.29 acres.

(Measurements are taken from digital mapping and are approximate).

Planning
We are advised the property is Grade II Listed and situated in Spalding Conservation Area.

Purchasers should verify all information with South Holland District Council

Tenure
Freehold offers are sought in the region of £225,000 (ex VAT), if applicable.

Fixtures & Fittings
No fixtures and fittings will be warranted with this sale and an inventory cannot be provided.

The property is being ‘sold as seen’ and any items left on the day of completion will be inherited by the purchaser excluding any third party items such as games machines or beer raising equipment.

The Business
The business is closed. No trading information is to be sold or warranted. The vendor runs a leased and tenanted estate and has not occupied the property.

The vendor does not have any historical knowledge of the day to day running of the business and therefore does not have access to any accounts or trading information.

Rates & Charges
Rateable Value has been assessed at £12,000 as from 1st April 2023.

Location Details:
Spalding is a bustling Georgian Market Town set around the picturesque River Welland, situated within the South Lincolnshire Fens. It is the largest town within the South Holland district with Holbeach, Long Sutton, Crowland and Sutton bridge, being the other nearby towns. Spalding is a vibrant and easily accessible town with nearly 2,000 parking spaces and offering over 200 shops and businesses with a variety of local independent and major national outlets. It has a population of over 30,000 (2021 census) with a thriving café culture with a European twist. The Black Swan is located in a prominent position in the town centre facing New Road at the corner of Swan Street.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

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