MUNDYS PROPERTY SERVICES LLP, Lincoln

'Pasta Go' 48 High Street, Lincoln, Lincolnshire, LN5 8AN

Leasehold

£30,000

Size

275

Tenure

Leasehold

EPC

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Parking

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Primary use
High street retail
Frontage
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Key features

  • Lease, Business and All Fixtures & Fittings For Sale
  • Rent - £7,020 per annum

Description

Location
Travelling along High Street from Lincoln City Centre, the property can be identified on the right hand side, on the junction with Robey Street, Lincoln.

Description
(Lease, Business and All Fixtures & Fittings For Sale) Mundys are pleased to offer the opportunity to acquire the popular 'Pasta Go' business. Located on Lincoln High Street, south of the city centre benefiting from high passing foot/vehicle traffic. The ground floor retail unit extends to 34.8 sq. meters (275 sq. ft.) comprising of a sales area, kitchen/preparation area and a WC compartment. There is also considered to be potential to increase turnover and profitability by extending the opening hours.

Accommodation
Retail Area - 4.4m x 4m
With tiled floor, plaster finish walls and serving counter.

Rear Preparation Area and Kitchen - 4m x 4.3m
With tiled floor and walls, a range of modern wall and base units, including stainless steel sink unit and extractor unit for cooking facilities.

In addition, there is a WC Compartment off with low-level WC and wash hand basin.

Services
Mains drainage, electricity and water are understood to be connected to the premises.

EPC Rating - D

Tenure
Lease, business and all fixtures and fittings are available for purchase at the guide price of £30,000.

The property is currently let on an Internal Repairing Basis. The current lease runs until 28th August 2026 at an annual rental of £7,020 per annum plus a monthly building insurance contribution. The landlord may consider to a brand new lease subject to negotiations. A deposit will also be payable.

Rates
Rateable Value - £7,200

The property may benefit from the reduced 'Retail, Hospitality & Leisure' Multiplier of £38.2p in the pound (2026/2027)

Legal Costs
The purchaser will be responsible for their legal own costs along with the Landlord's reasonable legal costs for the assignment of the current Lease or the production of a new Lease.

The ingoing tenant will also be responsible for the Agent's referencing fee of £150 inc VAT per applicant.

AGENTS NOTE/PLANNING
Please note that the current Use Class of A5/Sui Generis (Hot Food Takeaway) is restricted to the current occupier and their business as 'Pasta House' . Future Purchasers/Tenants will need to make a formal planning application to continue this use. Current planning restricts trading hours from 8am until 10pm.

Viewing
By prior appointment through Mundys Commercial
MUNDYS PROPERTY SERVICES LLP, Lincoln

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

'Pasta Go' 48 High Street, Lincoln, Lincolnshire, LN5 8AN

NEAREST STATIONS

National Rail

Lincoln Central Station

0.61 miles

National Rail

Hykeham Station

2.75 miles

National Rail

Saxilby Station

5.96 miles

About MUNDYS PROPERTY SERVICES LLP, Lincoln

MUNDYS PROPERTY SERVICES LLP, Lincoln

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Disclaimer - Property reference pastago. 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 MUNDYS PROPERTY SERVICES LLP, 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.