Paul Fox Commercial

CHARTERED SURVEYORS & ESTATE AGENTS

t: 01724 870520
f: 01724 870532
e: property@paulfoxcommercial.co.uk
 
 
 
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THE CLOCK HOUSE BAR & BISTRO 3 LORD STREET GAINSBOROUGH DN21 2DD

FOR SALE:
£25000
1534 sq ft (140.16 sq m)
  • Well established Bar & Bistro business for sale.
  • Internally finished to a high standard and modern design.
  • Traditional bar plus 45 covers.
  • Fully fitted commercial kitchen.
  • Situated on busy arterial road.
  • New lease available at 15,000 plus vat per annum.
THE CLOCK HOUSE BAR & BISTRO 3 LORD STREET GAINSBOROUGH DN21 2DD,
Location:  
 
  The subject property is situated in Gainsborough which has a resident population of over 20,000 and a catchment of approximately 130,000 with the town having industry, retail and amenities commensurate with its size. The Clock House is located on Lord Street at its junction with Ropery Road/Caskgate Street with this being an arterial road within the town and therefore heavily trafficked. Lord Street provides access to the Market Place and prime retail approximately 200m to the east. Ropery Road/Caskgate Street skirts the town centre retail to the west and further commercial activity. Gainsborough over past years has seen significant new housing along with a considerable number of new flats overlooking the River Trent access from Caskgate Street a short distance from the subject property. The property also benefits from on street parking and Local Authority car parks all in close proximity.
 
Description:  
 
  Accommodation is set over ground and first floor and is of modern design and finished to a high standard in keeping with its bar and bistro use. Finishes include wooden stained floorboards and tiling, walls of stained wood boarding, painted wood and plaster and emulsion all in contrasting colours. Tables and chairs provide both formal and informal seating. The bar area is traditional with bar and back bar fittings. The accommodation has approximately 45 covers and is backed up by a fully fitted kitchen with storage areas and well appointed WC accommodation.
 
Accommodation:  
 
 
Description sq ft sq m
GROUND FLOOR
Main Bar & Bistro 766 71.20
Storage areas 247 23.00
Kitchen & storage 247 22.96
Male WCs
Female WCs
FIRST FLOOR
Seating area 274 23.00
Outside pavement seating license for 12 people
Total 1534 140.16
 
Rates:  
 
  The property is listed as Shop and Premises with a rateable Value of 6,600. It is possible that an occupier may qualify for exemption to the payment of business rates under the small business rate relief scheme. Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability (West Lindsey District Council).
 
Services:  
 
  We understand that all services are available to the subject property. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. EPC TBC.
 
Disposal Terms:  
 
  The Clock House Bar and Bistro (www.clockhousecafebistro.co.uk) has been running in its current format since 2016 and previous to that it was a bar. This high turnover business is available as a going concern with all fixtures and fittings included within the sale. The premises are available on an occupational lease the terms of which are negotiable with the tenant responsible for repairs, outgoings and landlords legal costs for lease preparation.
 
Viewing:  
 
  Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
 
Price  
 
  £25000
 
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Conditions under which particulars are issued: Fox Knight (Commercial) Ltd trading as Paul Fox Commercial - for themselves and for their vendors or lessors of this property whose agents they are give notice that: i) the particulars are set out as a general outline only for the guidance of the intending purchaser or lessees and do not constitute, or constitute part of an offer or contract; ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith but without responsibility on the part of the vendor, lessor, Fox Knight (Commercial) Ltd trading as Paul Fox Commercial or their employees. Any intending purchaser or lessee should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) no person in the employment of Fox Knight (Commercial) Ltd trading as Paul Fox Commercial, has any authority to make or give representations or warranty whatsoever in relation to the property; iv) all rentals and prices are quoted exclusive of VAT; v) Fox Knight (Commercial) Ltd trading as Paul Fox Commercial will not be liable, in negligence or otherwise for any loss arising from the use of these particulars.
 
 
 
 
 

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