Paul Fox Commercial

CHARTERED SURVEYORS & ESTATE AGENTS

t: 01724 870520
f: 01724 870532
e: property@paulfoxcommercial.co.uk
 
 
 
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NIBBLES 14 LEA ROAD GAINSBOROUGH DN21 1LH

FOR SALE:
£159,000 BUSINESS, FREEHOLD PROPERTY, FIXTURE & FIT
567.59 sq ft (53.34 sq m)
  • Excellent opportunity to acquire a profitable long established sandwich business.
  • Catering also carried out for business lunches and functions.
  • Main road position with allowable street parking.
  • Attractive modernized premises.
  • Approx. size 53.38 sqm 567 sq ft. Retail shop, kitchen, preparation areas and storage areas.
  • Large 2 bed flat to first floor.
NIBBLES 14 LEA ROAD GAINSBOROUGH DN21 1LH,
Location:  
 
  The subject property is situated in Gainsborough which has a resident population of over 20,000 and a catchment area of over 130,000 with industry, retail and amenities commensurate with its size. The property is approximately mile to the south of the town centre and from the very popular retail outlet Marshalls Yard. The unit is also close to the tidal and navigable River Trent. Lea Road is a main arterial road within the town and is the A156 which links to Lincoln and Mansfield to the south along with numerous villages. At the location of Nibbles the character of the area is slightly mixed use with an electrical shop, The Maltings with traditional residential surrounding. Slightly to the south the road layout has been altered to provide access into a large proposed housing development.
 
Description:  
 
  Nibbles has been established and operated by the current owner in excess of 20 years and trades as a traditional sandwich bar for the sale of both hot and cold food. Nibbles also provides catering to business for lunches and functions. GROUND FLOOR Retail modernized to provide large display window and personal entrance door, feature lighting, two chilled display counters provide for the service areas. Kitchen well equipped with commercial stainless steel units, ovens and hobs, microwaves, commercial fridges and pot warmers. Rear lobby provides access to first floor flat. Preparation rooms, recently modernized including storage, fridges, freezers plus sink unit. Storage rooms, the outside yard also provides access to two storage rooms with fridges and shelves. WC accommodation recently modernized. NOTE all fixtures and fittings at the property are included within the sale with the exception of two Coca Cola fridges. Plaster and emulsion decorations throughout with largely impervious floor coverings. Externally access to the rear is via an archway shared with the adjoining owner. FIRST FLOOR Comprises of a two bedroom flat with living room, WC, shower room and kitchen. To a well appointed standard with the bedrooms and living room of generous proportions.
 
Accommodation:  
 
 
Description sq ft sq m
GROUND FLOOR
Retail area 212 19.78
Under stairs storage
Kitchen 157 14.59
Rear lobby
Preparation 1 58 5.47
Preparation 2 52 4.90
YARD
Storage 1 53 4.92
Storage 2 36 3.68
WC accommodation
FIRST FLOOR FLAT
Two bedrooms
Living room
Kitchen
WC and shower room
Total 568 53.34
 
Rates:  
 
  The property is listed as Shop and Premises with a rateable Value of 1,075. 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 rating D92. A copy of the certificate and recommendation report is available upon request.
 
Disposal Terms:  
 
  This long established business has been operated by the current owner for approximately 20 years and trades as a traditional sandwich shop but also has established outside catering to business for meetings and functions. The business over the years has provided a stable turnover for the owner. The property has the advantage of owners accommodation or could be let out to generate an income. The business is freehold with vacant possession being given upon completion.
 
Viewing:  
 
  Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
 
Price  
 
  £159,000 BUSINESS, FREEHOLD PROPERTY, FIXTURE & FIT
 
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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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