Property photos
Just added
Guide price
£180,000
Restaurant for sale
The Crescent, Spalding PE11Local area information
Property location
Nearby amenities
- Spalding Grammar School 0.2 miles
- Ayscoughfee Hall School 0.2 miles
- Spalding 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Spalding to find out more about the local area.
Features and description
- Redevelopment potential
- EPC rating D
- Prominent location
Summary
** 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 Spaldings 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 Managers 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: 181 (5.51m)
Restaurant Depth: 291 (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 , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
** 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 Spaldings 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 Managers 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: 181 (5.51m)
Restaurant Depth: 291 (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 , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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