Commercial Property

Offers In Excess Of £400,000

King Street, Southwell

FOR SALE

Gallery
Description & Features
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 BISTRO TO THE FRONT AND VACANT POSSESSION TO THE FIRST FLOOR. RENT TO THE GROUND FLOOR AGREED AT £13,500 PER ANNUM, LEASE GRANTED ON 1ST JULY 2024 TO 30TH JUNE 2033. FIRST FLOOR ACCESSED FROM BULL YARD AND REQUIRING A COURSE OF MODERNISATION. BISTRO COMPRISES OUTDOOR CANOPY, MAIN SEATING AREA, PREPARATION ROOM AND CLOAKS. TO THE FIRST FLOOR THERE ARE THREE PRINCIPAL STUDIO ROOMS, MINSTREL GALLERY, KITCHEN AREA & CLOAKROOM. IN ADDITION TO A REGULAR RETURN ON YOUR MONEY, YOU ARE ACQUIRING PROPERTY IN AN EXCEPTIONAL LOCATION.

VIEWING

and further information through our Mansfield office on 01623 422777. Alternatively, email sales@davidblount.co.uk

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 ENTRANCE

GROUND FLOOR BISTRO

with tiled forecourt.

MAIN SEATING AREA

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. 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.

OUTSIDE

ST GEORGE'S HOUSE



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

FINANCIAL ADVICE

We offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

MONEY LAUNDERING

Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.

AS WITH ALL OUR PROPERTIES

we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment. MA5332
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Agent Details

David Blount (Mansfield Sales)

David Blount (Mansfield Sales)


43 Albert Street
Mansfield
Nottinghamshire
NG18 1EB


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