Get brand editions for April King, West Bridgford

Detached house for sale

The Mill, Moneys Yard, Carre Street, Sleaford

Guide Price* £120,000

Property Description

Key features

  • For sale by auction on Thursday 26th July 2018 At Derby Auction, The Pedigree Suite, Pride Park Stadium, Derby, DE24 8XL Commencing at 11:30 am
  • Grade 11 listed former Windmill
  • Carefully refurbished
  • Trades as a popular Bistro
  • Set over three floors
  • The Bistro offers up to 28 covers in one sitting.
  • Centrally located within carpark at Money's Yard
  • Sleaford is a popular Lincolnshire Market Town
  • License & planning class: A3 Restaurants and Cafes
  • Alternatively, the building is considered suitable for a variety of business uses including retail, leisure and office uses, subject to any necessary Planning Consents.

Full description

A unique and exciting opportunity to acquire a Grade II Listed former windmill

A unique and exciting opportunity to acquire a Grade II Listed former windmill located in the heart of the vibrant town centre of Sleaford in Lincolnshire. Moneys Mill has been beautifully refurbished into a successfully trading Café/Bistro, the building however will suit a variety of different uses subject to any necessary planning consents. We understand from the vendor that the premises also has a licence for alcohol sales.

Moneys Mill dates back to the early 1800s and dominates Moneys Yard, a popular Town Centre Retail Development with ample on-site parking. Should a prospective buyer be interested in continuing the Café Bistro Business, all fixtures and fittings are available subject to separate negotiations with the vendor.

Previous conversations with the local planning authority suggest that they would look positively to a change of use from A3 to various uses including retail, leisure, office or residential subject to the necessary planning consents.

The Café/Bistro trades from the ground floor with spiral staircase leading to further seating on the first floor providing a total of 28 covers. There are four further floors currently being used as storage. The vendor has confirmed that the premises are exempt from business rates.

The Mill is one of the highlighted stopping points on the Sleaford tourism/history trail and it has also won an award from the local Civic Trust for the renovations to the mill (plaques above the wall depict this).

Furthermore the Mill will be part of a significant town centre development, please see links for details (see no. 4) and approved plans:

https://www.n-kesteven.gov.uk/business/economic-development-and-regeneration/sleaford-masterplan-planning-policy/

https://lincolnshirereporter.co.uk/2018/04/heart-of-sleaford-1-5-redevelopment-plans-approved/


Sleaford is a popular market town with good infrastructure links via the nearby A15 providing access to Lincoln City Centre to the North, and the A17 westward to Newark upon Trent and the East Midlands region. And Eastwards to Norfolk and the East Coast.

The accommodation comprises:

Ground Floor:30.91 sq metres (333 sq ft)First FLoor21.16 sq metres (227 sq ft)Second Floor16.47 sq metres (178 sq ft)Please NoteLeasehold Details/Ground Rent: We have been informed that there are approximately 960 years remaining on the lease and the ground rent is a peppercorn rent.Tenure
LeaseholdConditions of SaleThe Conditions of Sale (also known as the legal pack) will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. They will also be available to download from our website. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.*Guide Prices and Reserve PricesEach property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.Energy Performance CertificatesEPCs can be viewed in full in the legal pack or from the lot information section of our website.Unconditional Auction MethodContracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.Auction FeesThe sale of this lot is subject to a buyer’s administation fee of £1074 including VAT (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section, or to find out more about any additional fees associated with this property please contact the auction office.ACCOMODATION The ground floor is currently being used as a café area with WC, server, seating area and stairs up to the first floor, which is being used as further seating. The second and third floors of the property are currently being used as ancillary storage with the other floors in the building not currently accessible as no formal staircases are in place. Ground Floor Retail Space - 333 sq ft (30.91 sq m) First Floor Retail Space - 227 sq ft (21.16 sq m) Second Floor Storage Space - 178 sq ft (16.47 sq m) SERVICES Mains drainage, electricity, water are understood to be supplied to the property. EPC Rating - G TENURE The Mill is held under a remainder of a 999 year Ground Lease from 1980, subject to a ground rent of £0.01 per annum BUSINESS RATES Rateable Value - £4,350 VAT VAT may be applicable in addition to the sale price at the prevailing rate. LICENSING & PLANNING A3 Café/Restaurant The business currently operates with the benefit of a licence for the sale of alcohol by retail on the premises only and also for the performance of live music. Further details are available on request. Please see below link to the Sleaford Master Plan which aims to set out a framework and strategy for the change and growth of the town over the next 20 to 25 years. https://www.n-kesteven.gov.uk/business/economicdevelopment-and-regeneration/sleaford-masterplanplanning-policy


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
13 February 2018

Nearest stations

  • Sleaford (0.1 mi)
  • Rauceby (2.2 mi)
  • Ruskington (3.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

April King, West Bridgford

Landmark Business Centre Tudor Square, West Bridgford, Nottingham, NG2 6BT

0115 798 0571 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Sleaford (0.1 mi)
  • Rauceby (2.2 mi)
  • Ruskington (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

April King, West Bridgford

Landmark Business Centre Tudor Square, West Bridgford, Nottingham, NG2 6BT

0115 798 0571 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 8562709. 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 April King, West Bridgford. 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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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call April King, West Bridgford on 0115 8700051.


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