Lincolnshire Poacher, Spalding
Freehold for Sale
Price: Offers in the Region of £255,000 Ex VAT (exc VAT)
Characterful, Grade II listed public house enviably positioned bordering the River Welland in the market town of Spalding.
- 4,079 sq ft Gross External Area - (379 sq m)
- Freehold for sale with the benefit of vacant posession
- Pleasantly situated facing the River Welland
- Two separate bar areas along with restaurant
- Two sizeable cellars
- Substantial private accommodation
- EPC Rating: C(58)
Spalding is a market town in south Lincolnshire equidistant between Peterborough and Boston, with a population of around 28,722. The Lincolnshire Poacher occupies a pleasant location parallel to the River Welland, within walking distance of the town centre.
The Lincolnshire Poacher is predominantly an attractive two storey, brick-built property with a pitched slate roof.
Characterful internal trade areas are accessed either from Double Street or Herring Lane. An attractive, traditional bar area is supplemented by a feature open fireplace. A further wooden servery caters to a bar area with a restaurant beyond this. Male & female WCs are situated on the ground floor. There is access to both cellars which are at ground floor level.
On the first floor, there is a well-equipped commercial kitchen and substantial private accommodation, which is arranged as two apartments over two floors.
Due to the size of the accommodation it could be retained for staff/manager, or converted to letting rooms, subject to the necessary consents.
Outside, the property benefits from a patio area which is adjacent to a lawned public area and provides spaces for a further 16-20 covers.
5a Herring Lane
Our client has leasehold ownership of 5a Herring Lane, which is storage space and will be included with the sale, subject to the landlord's consent. A 25-year lease was granted in 2000. Passing rent £3,150 per annum.
The area of the whole site is 0.1 acres and the ground floor footprint (GEA) of the public house extends to 379m² (4,079 ft²). Measurements are taken from digital mapping, are approximate and do not incorporate 5a Herring Lane.
We are advised that the outlet is Grade II listed and falls within a Conservation Area.
The subject premises have the benefit of use class A4 (drinking establishments) as per the Town and Country Planning (Use Orders) Orders 1987.
The relevant local authority is South Holland District Council.
Our client has never operated the business during their ownership and therefore does not have access to trading information.
Fixtures & Fittings
All Fixtures & Fittings remaining in the property owned by the vendor will be included in the sale. The sale excludes any third party owned items such as beer raising equipment.
Rates & Charges
Business Rates£9,243.75 per annum (based on a Rateable Value of £18,750)
Council Tax£1277.29 per annum (Band B)
11 Double Street