About this property

Detailed Description

On instructions of Liquidators.

The property is the best-preserved former willow works building known to exist in the country, albeit not listed, and dates back to 1905 and was fully restored from 2000 onwards. The building is of red brick construction under a pantile roof. The accommodation is over two floors currently laid out with a bar and venue room, commercial kitchen and WCs to ground floor with offices and a conference room to the first floor plus WCs and a small kitchen, There are stairs and a lift. Heating is from a ground source heat pump system to radiators.

The external area includes car parking along with beautifully landscaped areas with trees, plants and ponds with path access.
The current owners have offered areas for temporary summer camping and have added an outside shower cabin. The site extends to approx. 2.35 acres.

IMPORTANT NOTE: The site falls within flood zone 3a being an area defined as having a high risk of flooding. There are covenants on the Title which limit the use and purchasing entity to a part community use and a Transfer (sale) to a non-for-profit non-exempt charity.

Please see the attached marketing brochure and speak to the agents for further detail.

Location

The property is located near to the village of Beckingham which, in turn, is within 3 miles west of Gainsborough. From the A631 turn off onto Station Road and then right onto Old Trent Road and the property is approx. half a mile along on the left. Postcode DN10 4PY

Accomodation

Approx. net internal floor areas (excluding stairs, WCs etc.):
Ground floor 198.96 sq m (2,142 sq ft)
First floor 195.98 sq m (2,109 sq ft)
TOTAL 394.94 sq m (4,251 sq ft)

Gross internal total approx. 500 sq m (5,382 sq ft)

Business Rates

The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.

Other

Covenants on Title **
There are positive and restrictive covenants in favour of The Environment Agency (EA) on the Title requiring the property to be used materially for community use* with the right to let up to 50% of the habitable space of the building to commercial tenants. A further positive covenant limits a sale to a non for profit organisation offering services to the local community. The EA have to consent to any sale.
A copy of the covenants is available upon request.

Terms

The property is for sale freehold with full vacant possession at a guide price of £195,000 subject to the overage provision outlined above.

The property is being sold by Colin Wilson and Louise Freestone as joint liquidators of The Old Willow Works Limited.