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AWARD WINNING CAFÉ/TEA ROOMS
THE OLD STABLES
9A MARKET PLACE
HORNCASTLE
LN9 5HB
OS SITE PLAN
PLAN 1
FOR SALE
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© Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
PLAN 2
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Multi award winning café business for sale – including 2015 Select Lincolnshire Tea
Room of the Year
Located within heart of attractive Market Town
Property available freehold or by way of a new lease
Fully operational business ready for new operator to trade from on completion
LOCATION
RATES
The property is situated in an easily accessible location off
Market Place, close to a variety of national, regional and
local traders.
Charging Authority:
Description:
Rateable value:
UBR:
Period:
The affluent mid Lincolnshire Georgian market town of
Horncastle is situated on the A158, approximately 21 miles
east of Lincoln, 20 miles north of Boston and 23 miles west
of Skegness. The town is situated on the southern edge of
the Lincolnshire Wolds, an area of outstanding natural
beauty. It has a population of circa 7,000 and also
services a wider rural catchment.
East Lindsey District Council
Café & Premises
£3,350
0.493
2015-2016
Multiplying the Rateable Value figure with the UBR
multiplier gives the annual rates payable, excluding any
transitional arrangements which may be applicable. For
further information, please contact the Charging Authority.
TENURE
PROPERTY
We are offering for sale this well established award winning
café business, which is fully fitted and operational, ready
for a purchaser to trade from immediately on completion.
The two storey building is fitted out/decorated to a high
standard to provide seating areas at ground and first floors,
and kitchens on both levels. Outside there is an attractive
walled patio area which provides further seating.
ACCOMMODATION
Having measured the property in accordance with the
prevailing RICS Code of Measuring Practice we calculate
that the property has the following floor area:Ground floor
Restaurant:
Sales area:
Kitchen:
20.20 sq m
17.34 sq m
9.28 sq m
(217 sq ft)
(187 sq ft)
(100 sq ft)
First floor
Restaurant:
Storage:
Total NIA:
38.18 sq m
3.48 sq m
88.50 sq m
(411 sq ft)
(38 sq ft)
(953 sq ft)
The property and business is available freehold with
vacant possession on completion or alternatively the
business would be available for sale with the current
owners then granting a lease back on terms to be agreed.
PRICE
Offers are invited in excess of £200,000 for the freehold
interest with vacant possession, the business goodwill,
fixtures and fittings plus SAV. The price on a leasehold
basis is available on request.
VAT
VAT may be charged in addition to the purchase price/
rental at the prevailing rate.
LEGAL COSTS
Each party is to be responsible for their own legal costs
incurred in documenting the transaction.
ENERGY PERFORMANCE CERTIFICATE
SERVICES
The property has an EPC rating of E-50.
All mains services to include gas, water, drainage and
electricity are available and connected to the property.
BUSINESS
TOWN AND COUNTRY PLANNING
The latest two years trading accounts are available to
genuinely interested parties – following an inspection of the
business.
The property has an established use as a café falling within
Class A3 (Café/Restaurants) of the Town & Country Use
Classes Order 1987 (as amended).
VIEWING
The property is not listed but does fall within a Conservation
Area.
FIXTURES & FITTINGS
A full inventory of the fixtures and fittings to be included in
the sale is available on request.
To view the premises and for any additional information
please contact the sole agents.
Contact:
Tel:
Email:
Harriet Hatcher or James Butcher
01522 544515
james.butcher@bankslong.com
harriet.hatcher@bankslong.com
Ref:
JRB/EC/8445/D15