King Street, Southwell

A FREEHOLD INVESTMENT PROPERTY IN THE HEART OF THIS RENOWNED HISTORIC MARKET TOWN. GRADE II LISTED AND BELIEVED TO DATE BACK TO THE LATE C18 AND EARLY C19 AND ALTERED MID C20. CURRENTLY TRADING AS A BAKERY TO THE FRONT AND ARTISTS STUDIO TO THE REAR, ACCESSED OFF BULL YARD. RENT TO THE GROUND FLOOR AGREED AT £13,500 PER ANNUM (LEASE AGREED 1ST JULY 2024 TO 30TH JUNE 2033). THE CURRENT RENT OF THE FIRST FLOOR IS £5,200 PER ANNUM. BAKERY COMPRISES OUTDOOR SEATING AREA, FRONT SALES, CENTRAL PREPARATION ROOM AND KITCHEN AND CLOAKS TO THE REAR. TO THE FIRST FLOOR THERE ARE THREE PRINCIPAL STUDIO ROOMS, MINSTREL GALLERY, KITCHEN AREA AND CLOAKROOM. THE CURRENT TENANTS HAVE BEEN IN OCCUPATION FOR APPROXIMATELY 22 AND 18 YEARS RESPECTIVELY. IN ADDITION TO AN INCOME STREAM YOU ARE INVESTING IN A PARCEL OF FREEHOLD PROPERTY IN AN EXCEPTIONAL POSITION

Viewing - and further information through our Mansfield office on . Alternatively, email

Directions - From Mansfield, proceed on to the Rainworth bypass and at the roundabout take the turning onto the A617 (Kirklington Road). After approximately 5 miles turn right onto Southwell Road. At the roundabout, continue straight to stay on Lower Kirklington Road. Turn right onto Burgage and then slight right onto King Street. The property is on the right hand side.

Accommodation Comprises -

Ground Floor Bakery - with tiled forecourt.

Front Sales - 5.41m increasing to 7.14m x 4.27m (appromixtely) ( -

Middle Preparation Room - 4.27m x 2.59m (14' x 8'6) -

Rear Kitchen - 3.78m x 3.71m (12'5 x 12'2) - This overall measurement also includes a cloakroom area with WC and wash hand basin.

Please Note - we haven’t included any fixtures and fittings, as these remain under the ownership of the current tenant.

First Floor - This accessed via Bull Yard, immediately to the left of the building, which is also a walkway through to Queen Street.

Entrance Area - 5.41m x 3.81m (17'9 x 12'6) - More of the period features are evident in this part of the building, including the latch front door and wide staircase ( short on individual going, consistent with the time). As you rise to the first floor, original aspects of construction are clearly evident – including vaulted ceilings, exposed trusses and beams, wrought iron work, areas of wattle and daub and low beams ! Please watch your head !

Studio One - 3.78m x 3.66m & 2.34m x 1.85m (12'5 x 12' & 7'8 x - From here stairs lead to the following:

Kitchen & Cloakroom - 3.81m x 3.71m (12'6 x 12'2) - With sink unit and cloaks area having WC and wash hand basin. Access to a minstrel gallery.

Studio Two - 6.17m x 3.86m (20'3 x 12'8) - Four steps to the far end, with wrought iron balustrade, lead to:

Studio Three - 6.02m x 3.73m (19'9 x 12'3) - Enjoying double aspect to the front elevation.

The current rateable value for 7 King Street is £9,200 per annum, effective from the 1st April 2023.