Restaurant for sale

Church Street, Spilsby PE23

Location...
The historic market town of Spilsby has a population of around 4,000 residents has a rich history linked to the Manor of Eresby and is located on the edge of the Lincolnshire Wolds, a range of low hills being parallel to the North Sea coast.

The property is located on Church Street to the west of the market square and the main vehicular entrance into the town.

Description...
The property comprises a strong restaurant business on the ground floor and a 12 bedroomed hotel business along with spacious managers accommodation, gardens and parking.

With no other sit down restaurant within a 15 mile radius this business trades well and also offers a delivery service to the surrounding areas for those not wishing to dine in. The business is included in the sale and can be bought Trading as a Going Concern.

Accommodation…
Restaurant
The Entrance Foyer leads to the main area having a reception bar, takeaway area and restaurant seating. WCs and patio doors to the rear patio and gardens complete the customer facing accommodation.

There is fully fitted commercial kitchen including range with 4 woks, duck fryer, duck cooker, various stainless-steel ovens, warmers and Bain Marie. Various storage and food preparation areas form the remainder of the ground floor restaurant offering.

Hotel
At the side of the property there is a separate hotel entrance with a small reception area and access to the 12 en-suite hotel rooms, spacious managers accommodations, storage and ancillary areas for the running of the hotel business.

Outside…
A gated entrance leads to a gravelled parking and storage area with space for over 20 vehicles.

To the side and rear is a large lawned garden with stores, large pond with water feature and bridge, greenhouses and raised beds and a patio.

Schedule of Accommodation...
Trading Area
93.6m2
1,005ft2
Gifa

468m2
5,034ft2
Site Area

0.32 acres
Ave Double En-suite Room Size
12m2

Tenure...
The property is available for sale freehold with vacant possession. Details of the businesses are available on request. Full inventory available on request.

Outgoings...
The restaurant has a Rateable Value of £13,250. The hotel has a Rateable Value of £3,950. Full details are available on the voa website. The managers accommodation is rated at Council Tax Band A with East Lindsey District Council.

EPC...
The property has an Energy Performance Asset Rating D82. Full details are available on request.

Viewing...
All viewings are to be made by appointment through the agent. Poyntons Consultancy.