Lincolnshire Poacher, Spalding

Freehold for Sale

Price: Offers in the Region of £219,000 Ex VAT (exc VAT)

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FINAL BIDS 17:00 31/01

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Characterful public house enviably positioned on the banks of the River Welland

Key Points

  • 379 sq m Gross External Area - (4,080 sq ft)
  • Freehold for sale with the benefit of vacant posession
  • Pleasantly situated facing the River Welland
  • Two distinct bar serverys with extensive restaurant
  • Extensive self-contained private accommodation, currently arranged as two apartments
  • May be suitable for alternate use (stpp)
  • EPC Rating: C(58)

Location

Spalding is a market town in south Lincolnshire equidistant between Peterborough and Boston, with a growing population of around 30,000. The Lincolnshire Poacher occupies a pleasant location parallel to the River Welland, within walking distance of the retail thoroughfare which hosts a number of major national retailers. Prezzo is particularly close by.

Property

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.  

On the first floor, there is a commercial kitchen with dumb waiter and substantial private accommodation which is arranged over two floors and comprises eight bedrooms (one en-suite), domestic kitchen and three shower rooms. Due to the size of the accommodation it could be retained for staff/manager, or converted to letting rooms, subject to the necessary consents.

5a Herring Lane

Our client has leasehold ownership of 5a Herring Lane, which is storage space with enclosed rear garden 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.

Measurements

The total area of the site is 295m². Measurements are taken from digital mapping, are approximate and do not incorporate 5a Herring Lane which is held under separate title.

Planning

We are advised that the outlet is Grade II listed and falls within a Conservation Area. 

The relevant local authority is South Holland District Council. https://www.sholland.gov.uk/ 

Trading Figures

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 on completion 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
Spalding
Lincolnshire
PE11 2AA