Free valuation

Tattershall Road, Billinghay, LincolnA4-Pubs/Bars/Clubs

£300,000
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About this property

LOCATION
The village is situated approximately 7 miles north-east from Sleaford and 17 miles south-east from Lincoln, with a thriving community and a population of circa. 2,200 residents. There are several public footpaths and walks around the village and an open air Billinghay Swimming Pool is open during the summer.

DESCRIPTION
Freehold Public House with Living Accommodation and Outbuildings – We are pleased to offer for sale, this prominently located Public House, with Restaurant Accommodation, Large Flat at first floor level, attractive Beer Garden and Outbuildings providing potential for further conversion/expansion.

The property comprises an imposing and substantial brick built double-fronted Public House with two principal bar areas, together with a dining area across the rear with ancillary kitchen and preparation areas. In addition, there are ancillary male and female WC facilities.

At first floor level, there is a large self-contained four bedroomed flat which requires some finishing off.

Externally, there is ample car parking to the front and left hand side of the building and in addition, there is a block of traditional brick and pantile outbuildings, currently used for storage with additional WC facilities, but offering potential for Bed & Breakfast accommodation or retail uses, subject to the necessary Planning Permissions.

SERVICES
Mains drainage, water and electricity are understood to be connected. An oil-fired central heating system is installed serving radiators throughout.

EPC Rating to be confirmed.

TERMS
The property is available on a Freehold basis with Vacant Possession.

OUTGOINGS
The Rateable Value is £3,750.

In the event that a full rating liability is required, the current rates payable would be approximately £1,890 per annum (Rate to the pound for 2019/20 is 50.4 pence).

Prospective occupiers are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.

VAT
VAT may be applicable in addition to the sale price.

VIEWING
By prior appointment through Mundys.