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Queen Street, Market Rasen, Lincolnshire, LN8

£300,000

£125.26 per sq ft

Business rates & charges may apply

PYGOTT & CRONE COMMERCIAL, Lincoln
SIZE AVAILABLE

2,395 sq ft

223 sq m

SECTOR

High street retail property for sale

Key features

  • For Sale
  • 3 storey property
  • Ground Floor Bar & Restaurant
  • First & Second Floor with 2 x 2 bed flats at first floor
  • Overall Area 223 sqm (2395 sqft)
  • Outbuildings 44 sqm (469 sqft)
  • Rear barns with potential for Residential Development
  • Price £385,000

Description

The property comprises a 3 storey mixed commercial and residential property with barns to the rear. The property comprises a ground floor bar and restaurant with first 2 x 2 bedroom flats and second floor with lounge, kitchen and dining room.

The property is situated fronting onto Queen Street in the centre of the market town of Market Rasen. It occupies a prominent main road position adjoined by other commercial users. There is a rear access to the property from Waterloo Street.

Market Rasen is a town and civil parish within the West Lindsey district of Lincolnshire. It lies on the A46 approximately 13.8 miles (22km) northeast of Lincoln, 18 miles (29km) east of Gainsborough and 16.3 miles (26km) southwest of Grimsby. Market Rasen has a population of 3,200 people. The town benefits from many amenities including many retail shops, restaurants, pubs, rugby club and golf club. It is known for its racecourse and has excellent schooling including De Aston comprehensive school with approximately 1,190 pupils.

ACCOMMODATION

Ground Floor: Bar, restaurant with WCFirst Floor: 2 x 2 bedroom flats with shower room and bathroomSecond Floor: Lounge, Dining Room, KitchenOutside: with 2 storey barns and yard with potential for residential development subject to planningGIA: 223 sqm (2395 sqft) overall for the main buildingGIA: 44 sqm (469 sqft) outbuildings

PLANNING

The property has planning for A3/A4/A5 bar, restaurant and hot food takeaway. The apartment has C3 residential use. The rear outbuildings and land have potential for residential development subject to planning permission.

SERVICES

Mains services of gas, electricity, water and drainage. No services have been tested.

TENURE

The property is offered for sale freehold with vacant possession.

RATEABLE VALUE AND COUNCIL TAX

The commercial element has a rateable value of £4,200.The apartment has a council tax band rating of A.

CEPC AND EPC

The commercial element of the property has a CEPC of D which is valid until January 2029. The apartment has an EPC rating of F which is valid until January 2029.

LEGAL COSTS

Each party to be responsible for their own legal fees.

VAT

The price is exclusive of VAT if applicable.

LOCAL AUTHORITY

West Lindsey District Council Guildhall Marshall's YardMarshalls Yard13b Beaumont StGainsborough DN21 2NATel:

VIEWING

Contact Pygott & CroneTel:

Queen Street, Market Rasen, Lincolnshire, LN8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Market Rasen Station0.2 miles

About PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

Notes

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Disclaimer - Property reference 10353055. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PYGOTT & CRONE COMMERCIAL, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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