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Grantham, Lincolnshire

£285,000

Business rates & charges may apply

Guy Simmonds Business Transfers Limited, National Licensed Property
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SECTOR

Residential development for sale

Description

REF 8434F

TRADITIONAL LANDMARK FORMER FREEHOLD PUB WITH 'FULL PLANNING PERMISSION APPROVED FOR CHANGE OF USE TO RESIDENTIAL' CONSISTING OF 6 x SELF-CONTAINED APARTMENTS LOCATED IN THE HISTORIC LINCOLNSHIRE MARKET TOWN OF GRANTHAM

* Grantham is a market and industrial town in the South Kesteven district of Lincolnshire that straddles the London-Edinburgh East Coast Main Line and the River Witham. Bounded to the west by the A1 North-South trunk road it is located 23 miles south of the majestic Cathedral County town of Lincoln and 22 miles east of the City of Nottingham.
* Full Planning Permission approved in October 2023 for change of use to residential (Reference No: S23/0341 South Kesteven District Council). This is to convert the property into 6 Self-Contained apartments consisting of 5 x 1 Bedroom apartments and 1 x 2 Bedroom apartment.
* The layout of the property as a former public house currently consists of:
* Bar Area (circa 40+ plus standing) with traditional games facilities, an exposed brick-built bar with 4 cask ale hand pulls and an exposed stone-built fireplace.
* Lounge/Bar (circa 20+ plus standing) with brick-built bar server and 2 cask ale hand pulls and an attractive ornate fireplace.
* Hard standing Al Fresco patio area and smoking solution.
* This business is closed.

AN EXCELLENT OPPORTUNITY TO PURCHASE THIS TRADITIONAL FORMER PUBLIC HOUSE WITH APPROVED PP FOR ALTERNATIVE USE TO RESIDENTIAL

TO INCLUDE FULL PLANNING PERMISSION.

LOCATION
This traditional inn is surrounded by populous chimney pots and houses and is located in the historic Lincolnshire market town of Grantham. This lovely town was the birthplace of Margaret Thatcher and is a bustling busy shopping town with many mainstream shops, supermarkets amenities and schools all surrounded by beautiful Lincolnshire countryside on the outskirts. Nearby points of interest include the National Trust Grade I Listed Belton House with its famous woods and gardens, Woolsthorpe and Harlaxton Manors, The Vale of Belvoir and the delightful Easton walled gardens. The Cathedral City of Lincoln and the major City of Nottingham are both within easy reach with Newark on Trent, Southwell and the Pork Pie town of Melton Mowbray also close by. The local nearby road networks are excellent and the A1, A52, A46, A17 and A16 surround the town providing easy access in and out of this stunning county.

THE PROPERTY
This two-storey corner property is of stonewashed brick construction sitting beneath a pitched, tiled apex roof. An entrance porch to the side provides access to the corridor linked trading areas. These currently consist of:

The Bar and Lounge/Bar Areas are situated to the ground floor. All fixtures and fittings in these areas are excluded from the sale and any remaining on site on completion will not be warranted for their suitability, safety and ownership. An inventory will not be provided.

There is a good-sized Catering Kitchen area the fit out of which may remain subject to the needs of the prospective purchaser.

Spacious below Ground floor Beer Cellar with python system, remote etc and further storage areas.

Ladies and Gents WC.

OWNER'S ACCOMMODATION
The owner's accommodation is located to the 1st floor, in recent months has been used as private storage. This briefly consists of 4 double bedrooms, Lounge area, Office and bathroom.

EXTERNAL
To the rear/side of the property is a hard standing Al Fresco garden area. There is also a smoking solution. There is no defined car parking for use as a continuing public house. However, the council approved plans include 4 new parking spaces and acknowledgement of 2 off-street car spaces for the residential conversion.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

7 days a week 11am - 11pm TBC

Current opening hours are;

Currently Closed

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.


GENERAL REMARKS
The property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that all available mains services are connected (no services tested). Business rates payable are advised as being £TBC.


THE BUSINESS
The current owners of the former public house purchased the freehold property circa 23 years ago. The business then offered quality cask ales and drinks that was served to a loyal, repeat and desirable clientele. Historically, it supported several pool and darts teams however the business closed around the start of the pandemic (early 2020) and has not traded since. The property is freehold and available with vacant possession.

Full Planning Permission was granted in October 2023 (Reference No S23/0341 South Kesteven District Council) for change of use to residential consisting of 6 Self-Contained apartments. The approval permits the conversion to 5 x 1-bedroom apartments and 1 x 2 bedroom apartment.

There is NO accounting information available.


Viewing appointments must be made by contacting Richard Fletcher or Guy Simmonds

Details prepared October 2023

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.

Grantham, Lincolnshire

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grantham Station0.3 miles

About Guy Simmonds Business Transfers Limited, National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

Guy Simmonds have been established for over 30 years specialising in the sale of quality Freehold and Leasehold Licensed businesses - including pubs, inns, restaurants and hotels.

Guy Simmonds are leading NATIONAL Licensed Property Agents and consequently offer for sale and lease quality lifestyle licensed businesses throughout the whole of England and Wales.

For those of you looking for a change of career and lifestyle, an inn/restaurant can offer an enviable and f

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8434develop. 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 Guy Simmonds Business Transfers Limited, National Licensed Property. 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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