About this property

Detailed Description

The property is a laid out as a fully-fitted Restaurant that consists of: two large seating areas, customer WC's (including disabled), kitchen, office, stores, staff WC and locker room. The main seating areas
benefit from beamed ceilings and are full of character. Air Conditioning is fitted to the customer areas in addition to a gas fired heating system with fan assisted high level radiators. Electric heating is fitted in the office area.

Externally there are three separate seating areas, a bin storage area and an outbuilding providing additional fridge/storage space.

Location

Sleaford is an established Market Town in the middle of the County of Lincolnshire being approximately 17 miles South of the City of Lincoln and where the A15 bypasses the Town providing valuable
communication links via the road network to both the A1 at Newark which is approximately 22 miles away and towards Boston and the East Coast. Sleaford has a resident population of approximately
14,500 people and has an established and expanding catchment area in Retail terms.

The property is situated in Mill Court which is a small parade of shops/restaurants located in between Southgate and Carre Street which offers a high degree of visual prominence to passing pedestrian
and vehicular traffic. Neighbours include Boyes, The Little Italy Pizza Take Away and a Barber Shop.

Accomodation

The property has been measured on a net internal area basis and comprises as follows:

Seating Area / Bar - 181.8 sq m / 1,957 sq ft
Kitchen - 23.3 sq m / 251 sq ft
Stores - 19.6 sq m / 211 sq ft
Office - 8.2 sq m / 88 sq ft
Staff Area - 3.5 sq m / 38 sq ft
TOTAL NIA - 236.4 SQ M / 2,545 SQ FT

Business Rates

We understand that the property is assessed under the 2023 Rating List as a Public house and Premises with a Rateable Value of £51,500. The Rating Assessment is based upon historic turnover figures
assessed as a Public House. The Landlord is appealing this figure and the cased is lodged with the Valuation Office Agency.

Services

We understand that the property is connected to mains electricity, gas, water and drainage. We have not carried out any tests on any of the services and appliances believed to be present at the property and potential tenants should arrange for their own tests to ensure that any services are adequate and in good working order prior to committing to take a new lease in respect of this property.

Viewing

For further information or to arrange a viewing please contact:

Brown & Co
William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

VAT

We understand from our client that the property is elected for VAT.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any letting negotiated.

Other

TOWN AND COUNTRY PLANNING
The property has been historically used as a Restaurant and as such now has an established use falling under Use Class E of The Use Classes Order 2020. For further information in respect of planning related matters, prospective tenants should contact North Kesteven District Council. Tel: 01529 414155.

EPC
The property has an EPC rating of C68 valid until 21st March 2028.

Terms

LEASE TERMS
A new effective full repairing and insuring lease is available for a minimum term of 5 years.

RENTAL TERMS
The property is available at a rent of £27,500 per annum.