The Loft 68 Swan Street, Spalding
£101.46 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,232 sq ft
114 sq m
- SECTOR
Restaurant for sale
Key features
- For Sale
- Popular town centre Cafe/restaurant
- Main pedestrian thoroughfare
- Well equipped
- Well established
- Potential for expansion
- Close to public car park
- Overall area of 1232 sqft (114.3 sqm)
- Over 2 floors
Description
An excellent opportunity to purchase and take on a lease on this well established and popular café/restaurant which has great potential for further expansion. The property is in a prominent situation on a main pedestrian walk through from the town centre and main retail park which includes Sainsburys and Poundstretcher, Holland Market and the railway station and public car parking.
Location
An excellent opportunity to purchase and take on a lease on this well established and popular cafe/restaurant which has great potential for further expansion. The business has high ratings on social media from 4 to 4.6 out of 5. The property is in a prominent situation on a main
pedestrian walk through from the town centre and main retail park which includes Sainsburys and Poundstretcher, Holland Market and the railway station and public
car parking. Spalding is a market town on
the River Welland in the South Holland district of Lincolnshire.
The main town had a population of 30,556 at the 2021 census. The town is the
administrative centre of the South Holland District. The town is between the
cities of Peterborough and Lincoln.
ACCOMMODATION
The property comprises 2 storey including Ground Floor = 611 sqft (56.7 sqm) with cafe, counter, bar and main commercial kitchen with customer WC and stairs to first floorFirst Floor = 621 sqft (57.6 sqm) with large main dining/restaurant The business is being sold as it being fully fitted with good quality fixtures and fittings and a full inventory will be made available. The property has space for 45 covers inside and an outside area available. The Loft is a popular café known for its friendly atmosphere and very polite staff. The menu offers a wide variety of fresh and tasty food at reasonable prices, making it a favourite in the area. The café also offers convenient parking nearby at the Sainsbury's car park.
PLANNING
The property has established use as a cafe/restaurant
SERVICES
Mains water. electricity, gas and drainage
TENURE
The property is subject to an assignment of an existing lease and further details can be obtained from the agents. The present rent is £1666 pcm exclusive
RATEABLE VALUE
The property has a rateable value of £15500
CEPC
The property has a CEPC rating of E which is valid until the 31st October 2031
LEGAL COSTS
Each party are responsible for their own legal costs. The ingoing tenant will be responsible for the landlords legal costs in respect for providing consent to the assignment of the lease
VAT
The price and rent are exclusive of VAT
LOCAL AUTHORITY
South Holland District CouncilTel
VIEWINGS
Contact Pygott & Crone Commercial Tel
The Loft 68 Swan Street, Spalding
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Spalding Station0.2 miles
Notes
Disclaimer - Property reference 10804365. 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.