Shakesbys Restaurant, 3/5 West Street, Horncastle

£59,500
For Sale
1/11
£59,500
For Sale
William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director
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Property summary

For Sale
Leasehold restaurant premises
Excellent accommodation
Covers for 60 plus
Function Rooms
Well-equipped and larger commercial kitchen
Established for 20 years
Rent £22,800 pax
Excellent owners accommodation above
Price £59,500 plus SAV, EPC Rating - B

Get in touch

William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director

More about the property

Nestled in the market town of Horncastle, Shakesby’s is a restaurant specialising in traditional British cuisine served with a hint of the modern and delivered to you in an environment that is both charming and inviting.

Location
The property is a short distance from the main market place and town centre. The property is surrounded by a mix of residential and commercial property. The property backs onto the River Bain. Horncastle is a town and civil parish in the East Lindsey district in Lincolnshire, 17 miles (27 km) east of Lincoln. Its population was 6,815 at the 2011 census and estimated at 7,123 in 2019.

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Accommodation

SERVICES
All mains services are connected to the property.
TENURE
The property is held on a lease. This lease commenced in 2006 and the tenant is presently holding over and will be looking to assign the lease. The present rent is £22,800 pax.
RATEABLE VALUE
The property has a rateable value of £6,900.
ACCOMMODATION
The accommodation comprises a ground floor restaurant with kitchen, restaurant and bar with function room. The property has a first floor 2 bedroom flat. The overall area is 218sqm.
EPC
EPC Rating - B
LEGAL FEES
Each party are responsible for their own legal costs.
VAT
The price is exclusive of VAT if applicable.
LOCAL AUTHORITY
East Lindsey District Council
Tedder Hall
Manby Park
Louth
Lincs
LN11 8UP
VIEWING
Contact Pygott & Crone Commercial
21 The Forum
North Hykeham
Lincoln
LN6 8HW
Tel 01522 536777
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