Mundys Property Listings

Featured
£11,500

B1 – Light Industrial

Great Northern Way, Lincoln

LOCATIONThe property is situated within close proximity of Lincoln City Centre and forms part of an established light industrial estate, with improved access to the City Centre, as a result of the improved Tentercroft Street connections. There is also excellent access to the north and south, via the nearby A15.
DESCRIPTIONThis newly constructed, light industrial unit extends to 124 sq.m (1,337 sq.ft) and is anticipated to be available for occupation from 1st January 2022, once all building works are complete. The property is finished to an excellent specification, having 4 metre headroom, a mechanically operated up-and-over vehicle access door and internally, there will be a disabled access WC Compartment and a small kitchen area to the front. Externally, the property benefits from having ample allocated parking space to the front and side, together with a loading bay, electric car charging point and an outside tap. The property is considered suitable for a variety of uses and is located within the ever popular Great Northern Terrace district, close to Lincoln City Centre.
SERVICESMains drainage, electricity and water are connected, which includes a Three-Phase electricity supply.
EPC Rating – to be confirmed.
TERMSThe property is offered to let for a term of years to be agreed at an initial rental of £11,500 per annum, exclusive of Business Rates and all other occupational expenses.
The ingoing Tenant will incur a referencing fee of £100 inc of VAT, together with the Landlord’s legal costs associated with the production of a Lease.
The ingoing Tenant will be required to pay a deposit equivalent to one month’s rent, which is payable to the Landlord upon commencement of occupation and returned at the end of the Lease, provided the property is returned in good order and that there is no rent deficit.
OUTGOINGSBusiness Rates to be assessed upon completion.
VATVAT is not understood to be chargeable in addition to the rent.
VIEWINGVia prior appointment through Mundys Commercial.

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Featured
£450,000

A3 – Cafe Bistro/Land

Wragby Road, Sudbrooke, Lincoln

LOCATIONThe property is situated just on the outskirts of the ever sought-after village of Sudbrooke and located on Wragby Road. Sudbrooke lies approximately four miles North East of Lincoln with easy access to Lincoln City Centre. Sudbrooke has a population of circa. 1800 residents. Additionally, the new Eastern Bypass has vastly improved accessibility to the south of Lincoln, There is good access to schooling of all grades, shops, leisure facilities and all amenities in Uphill Lincoln.
DESCRIPTIONWe are delighted to offer for sale this prominently located former café/bistro facility previously trading as the Cherry Tree Café Bistro, which enjoyed an excellent reputation with access directly off Wragby Road (A158), the busy coastal route between Lincoln and Skegness and also within close proximity of the recently opened Eastern Bypass, making this property even more accessible and suitable for a variety of business uses. The property is fully equipped and ready to start trading as a café/restaurant with extensive outside dining areas available. The property occupies a large plot circa. 0.86 acres including a substantial car park/coach park and in addition, a former tennis court provides expansion space. The floor area is approx. 166 sq.m (1,788 sq.ft).
The floor area is approx. 166 sq.m (1,788 sq.ft).
The very well-presented modern brick built Café Bistro has been thoughtfully designed to provide for a generous open-plan restaurant area, which extends to 136m² (1,465ft²). In addition, the fully equipped kitchens, fitted to a full catering standard to include a fish frying range, extend to 30m² (323ft²) and there is ancillary male and female, including disabled access WC facilities for visitors. The building was designed to enable the roof space to be further developed for residential purposes, subject to planning.
Externally, the premises have the benefit of a large visitors car park and additional coach park, which in the past was in regular used given the location of the Café Bistro on the main arterial route from Lincoln to the East Coast, which made this Café Bistro a well-known destination with Holiday-Makers and Day-Trippers to the Coast. The adjacent tennis court is also included providing expansion and development opportunities.
ACCOMMODATIONPrincipal Restaurant Area – 8.1m x 16.8m – Beautifully presented and providing for 75 covers internally, with further seating provision available on the veranda wrapping around the side and rear of the restaurant space. There is also the option to further extend outside dining areas to the block-paved area to the front of the building and the car park areas. The restaurant also incorporates a bar area and heated and chilled serving areas for carveries etc.
Fully Equipped Kitchen – 3m x 10m – Benefitting from a Food Hygiene Rating of 5 and meticulously maintained. In addition, there is a Staff Room with Staff WC Facilities and additionally, Male & Female, including Disabled Access WC Facilities for Visitors, all of which are of an excellent, modern specification.
The building has been carefully designed to allow for expansion onto the veranda and there is also the potential to develop the first floor space, possibly into a residential apartment, subject to the necessary Planning Permissions.
The adjacent tennis court lends itself to the erection of an all-weather marquee, which provides further possibilities to offer black tie events, weddings, Christmas fairs and private functions.
SERVICESThe Café Bistro has the benefit of mains electricity and water. Heating is via an LPG gas fired system, supplemented by air-conditioning across the restaurant area.
Drainage is to a private modern ‘Biofilter’ septic tank. Surface water drainage is discharged into water containers and dispersed to a nearby watercourse and there is the potential for harvesting this surface water to improve environmental efficiency.
EPC Rating – B
TERMSFreehold
OUTGOINGSRateable Value – £20,500
In the event that a full rating liability is required, the current rates payable would be approximately £10,230 per annum (Rate to the pound for 2021/22 is 49.9 pence).
Prospective occupiers are likely to qualify for Small Business Rates Relief, but interested parties should make their own enquiries.
VATVAT may be applicable in addition to the sale price at the prevailing rate.
LEGAL COSTSEach party are responsible for their own legal costs.
PARKING NOTESVisitors Car Park.
Coach Car Park
OTHERNOTE – The photographs contained within our advertising are for illustration purposes only and were taken when the business was trading.
VIEWINGVia Mundys Commercial – 01522 556088.

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Featured
£6,600

TO LET – A1 – High Street

Queen Street, Market Rasen

LOCATIONThe property is located centrally within the busy Market Town of Market Rasen, just a 30 minute drive from Lincoln. Market Rasen is a quaint market town in West Lindsey centred around its cobbled marketplace on the edge of the Lincolnshire Wolds and home to the county’s racecourse.
DESCRIPTIONWe are pleased to offer to let this ground floor retail self-contained retail unit, formerly a Photography Studio. The unit extends to approximately 665 sq.ft and is divided into two retail areas with a kitchenette and WC to the rear. Queen Street is the main retail street running through the town with neighbouring occupiers such as Boots The Chemist and Cooplands. The unit is considered suitable for a variety of business uses.
SERVICESMains drainage, electricity and water are connected.
TERMSThe property is available To Let under the terms of a new Internal Repairing and Insuring Lease, for a term of years to be agreed. A deposit will also be payable.
OUTGOINGSRateable Value – £7,400
The property is currently assessed for Business Rates as having a Rateable Value of £7,400 and the rates payable would be in the region of £3,693 (Small business multiplier rate to the pound for 2021/22 is 49.9 pence). It is, however, likely that under current incentives any prospective occupier would be entitled to claim 100% Small Business Rates Relief.
VATTo be confirmed.
LEGAL COSTSThe ingoing Tenant will be responsible for the payment of a referencing fee of £100 inc VAT. The ingoing Tenant would also be responsible for the Landlord’s reasonable costs incurred with the preparation of a new Lease.
PARKING NOTESWest Lindsey District Council car parks currently offer two hours free parking in Market Rasen.
VIEWINGVia Mundys Commercial – 01522 556088 or 01673 847487

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Featured
£5,700

TO LET – A1 – High Street

Queen Street, Market Rasen

LOCATIONThe property is located centrally within the busy Market Town of Market Rasen, just a 30 minute drive from Lincoln. Market Rasen is a quaint market town in West Lindsey centred around its cobbled marketplace on the edge of the Lincolnshire Wolds and home to the county’s racecourse.
DESCRIPTIONWe are pleased to offer to let this ground floor retail self-contained retail unit. The unit extends to approximately 428sq.ft and consists of a main retail area with a kitchenette and WC to the rear. Queen Street is the main retail street running through the town with neighbouring occupiers such as Boots The Chemist and Cooplands. The unit is considered suitable for a variety of business uses.
SERVICESMains drainage, electricity and water are connected.
TERMSThe property is available To Let under the terms of a new Internal Repairing and Insuring Lease, for a term of years to be agreed. A deposit will also be payable.
OUTGOINGSRateable Value – £4,650
The property is currently assessed for Business Rates as having a Rateable Value of £4,650 and the rates payable would be in the region of £2,320 (Small business multiplier rate to the pound for 2021/22 is 49.9 pence). It is, however, likely that under current incentives any prospective occupier would be entitled to claim 100% Small Business Rates Relief.
VATTo be confirmed.
LEGAL COSTSThe ingoing Tenant will be responsible for the payment of a referencing fee of £100 inc VAT. The ingoing Tenant would also be responsible for the Landlord’s reasonable costs incurred with the preparation of a new Lease.
PARKING NOTESWest Lindsey District Council car parks currently offer two hours free parking in Market Rasen.
VIEWINGVia Mundys Commercial – 01522 556088 or 01673 847487

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Featured
£5,400

To Let – Retail/Leisure

Buttercross Hall, Burwell, Louth

LOCATIONThe property is prominently located on the A16, approximately five miles south of Louth. The village of Burwell is a picturesque rural village located within the Lincolnshire Wolds, an ‘Area of Outstanding Natural Beauty’.
DESCRIPTIONWe are delighted to offer to let this unique Grade II Listed Building, previously a Village Hall and more recently used as a Gallery. The property is considered suitable for a variety of uses, subject to any necessary Planning Permissions that may be required. A particular feature of this property is the interior, where there are two feature fireplaces and a stunning domed ceiling creating a unique creative space. The floor area extends to circa. 60 sq.m (645 sq.ft).
SERVICESMains electricity are connected to the property. There is currently no water or drainage connected, although this is understood to be available within the Public Highway. Further details are available on request.
TERMSThe property is available to let under the terms of a new Lease for a period to be agreed subject to a rental of £450 pcm. The Lease is to be on a conventional Full Repairing & Insuring basis. A deposit will also be payable.
OUTGOINGSTo be confirmed.
VATThe rent quoted above excludes VAT. We understand that VAT is not chargeable in addition to the rent, although this requires formal clarification.
LEGAL COSTSThe ingoing Tenant is responsible for a referencing fee (£100 inc VAT), together with the Landlord’s reasonable legal fees for producing the Lease.
VIEWINGVia Mundys Commercial – 01522 556088

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Featured
£225,000

Take Away with Residential Accommodation For Sale

Monks Road, Lincoln

LOCATIONThe property is prominently located on Monks Road, located to the east of Lincoln City Centre within a busy densely populated residential area, convenient for a full range of amenities.
DESCRIPTIONFreehold Fish & Chip Shop with Living Accommodation – We are pleased to offer for sale this rare opportunity to purchase a fully equipped Hot Food Takeaway establishment with a modern range of catering equipment together with well-presented and generously proportioned Four Bedroomed Living Accommodation, together with a Garage and located close to Lincoln City Centre within a busy residential district.
The property comprises a substantial, well-presented mixed-use retail/residential property with accommodation across three levels and commanding a prominent corner position on Monks Road, one of the main arterial routes into the City Centre. The catering accommodation includes a ground floor retail space with fish frying range together with further preparation space at lower ground floor, accessed directly from the retail accommodation.
To the rear is well-presented living space including a Reception Room and Kitchen at ground floor level, together with Four Bedrooms and Shower Room/WC.
To the rear is a courtyard and detached single garage which is accessible via Walmer Street.
ACCOMMODATIONGROUND FLOOR
Main Retail Space – 4.36m x 3.62m
Equipped with a modern fish frying range and compliant with current catering standards having a Hygiene Rating of 5.
Living Room – 4.35m x 5.05m
A generously proportioned Reception Room with windows to the side and rear and staircase off providing access to the first floor accommodation
Kitchen – 2.3m x 4.2m
Fitted with a range of wall and base units and having external access to the rear.
LOWER GROUND FLOOR
Preparation Room – 4.34m x 4.93m
A useful Preparation Room with external access and equipped to catering standard with a full range of catering, fixtures and fittings.
Store Room – 2.18m x 2.48m
WC – 0.69m x 1.50m
FIRST FLOOR
Stairs/Landing
Bedroom 1 (to Front) – 4.35m x 3.7m
With radiator and double glazed window.
Bedroom 2 (to Side) – 3.4m x 2.6m
With radiator and double glazed window.
Bedroom 3 (to Side) – 3.4m x 2.35m
With radiator and double glazed window.
Bedroom 4 (to Rear) – 2.3m x 1.9m
With radiator and double glazed window.
Shower Room/WC
Fitted with a white suite.
SERVICESMains drainage, gas, electricity and water are all connected. A gas fired central heating system is installed serving radiators throughout the living accommodation.
EPC – C
TERMSThe property is available on a Freehold basis.
OUTGOINGSRateable Value – £2,950.00
In the event that a full rating liability is required, the current rates payable would be approx. £1,487 per annum (Rate to the pound for 2020/21 is 50.4 pence). It is, however, likely that any prospective occupier would be entitled to claim Small Business Rates Relief.
Council Tax Band – A
VATVAT is not applicable to the sale price.
VIEWINGStrictly by prior appointment through Mundys Commercial – 01522 556088

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Featured
£450,000

Residential (land) For Sale

Cow Lane, Tealby, Market Rasen

LOCATIONThe development is located in the highly desirable and picturesque village of Tealby, situated in the Lincolnshire Wolds approximately 3 miles north-east from the town of Market Rasen. The village includes a Primary School (OFSTED Graded ‘Outstanding’) and many other local amenities including farm shops and a public house. There are many pleasant walks in the beautiful surrounding countryside via ‘The Viking Way’ and cycle routes that are also highly recommended.
DESCRIPTIONMundy’s are pleased to offer to the market for sale this exciting residential development which occupies an attractive plot in the centre of the popular village of Tealby. The development has full planning permission granted (Application Number – 140890) and consists of six semi-detached dwellings with rear gardens and off road parking.
As part of the scheme, a section of the existing Public House is required to be demolished. The full planning application can be found online at West Lindsey Planning Portal. The planning application number is 140890.
The full planning permission consists of the following dwellings:
Plot 1 – 124 sq. meters – Having a kitchen/diner, utility, downstairs W.C, lounge. Upstairs are 3 bedrooms, with en-suite to master and a family bathroom. Outside having parking and rear garden.
Plot 2 – 141 sq. meters – Having a kitchen/diner/living area, downstairs W.C, lounge. Upstairs are 3 bedrooms with en-suite to master and a family bathroom. Outside having parking and rear garden.
Plot 3 – 108 sq. meters – Having a kitchen/diner, downstairs W.C, lounge. Upstairs are 3 bedrooms and a family bathroom. Outside having parking and rear garden.
Plot 4 – 112 sq. meters – Having a kitchen/diner/living area, downstairs W.C, utility, shower room, bedroom/lounge. Upstairs are 2 bedrooms and a family bathroom. Outside having parking and rear garden.
Plot 5 – 120 sq. meters – Having kitchen/diner, utility room, downstairs W.C, lounge. Upstairs are 3 bedrooms with en-suite to master and a family bathroom. Outside having parking and rear garden.
Plot 6 – 125 sq. meters – Having kitchen/diner/living area, downstairs W.C and lounge. Upstairs are 3 bedrooms with en-suite to master and a family bathroom. Outside having parking and rear garden.
SERVICESAll services are connected.
TERMSThe site is believed to be held on a Freehold basis.
VATVAT is payable on the purchase price.
VIEWINGBy prior appointment via Mundys Commercial on 01522 556088.

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Featured
£895,000

SOLD S.T.C – Residential Development Opportunity

Lindum Terrace, Lincoln

LOCATIONLindum Terrace is a particularly desirable residential district of Lincoln, being within the Uphill area, within close proximity of the Lincoln Minster School and tourist attractions including the Cathedral, Castle and Bailgate/Steep Hill retail districts. The property is also very convenient for all facilities within Lincoln City Centre, which are within walking distance. Lindum Terrace is located directly off Lindum Road, occupying an elevated location with views to the south, overlooking the Arboretum. The property is also within close proximity of Lincoln County Hospital, providing a highly popular and most convenient location.
DESCRIPTIONExciting Residential Development Opportunity – This is a particularly rare development opportunity situated within a prime residential location within the Uphill district of Lincoln. The property comprises two large three-storey detached houses, which are currently interconnecting via a Lobby at ground and first floor level. The properties are considered ideally suited to residential development, either as substantial houses or alternatively, apartments subject to the necessary Planning Permissions.
10 & 11 Lindum Terrace comprise a pair of connecting three-storey detached houses, built during the Edwardian era of brick elevations, beneath pitched clay tiled roofs. The properties have been disused for a prolonged period and boarded-up following general neglect and subsequent vandalism. Despite this, they are considered to represent an excellent development opportunity, becoming increasingly difficult to find in such a desirable residential area.
The buildings sit within grounds to the front and rear and there is a driveway providing off-road parking space, together with a large brick outbuilding to the rear.
ACCOMMODATIONBoth buildings are similar in terms of size and scale. The floor plans within this marketing literature provide an indication as to layout across ground, first and second floor levels. Please note that given the poor condition, internal access is restricted, particularly in respect of No. 11.
SERVICESMains drainage, gas, electricity and water are all understood to be available. Given the disused state of the buildings, reconnection to mains services will be required.
EPC Rating – Not applicable.
TERMSThe properties are being sold on a Freehold basis. We are not aware of any covenants or restrictions which would have an adverse impact on value.
VATTo be confirmed.
PLANNINGWhilst the buildings were originally put to residential use, they have more recently been used for institutional purposes and subsequently Planning Consent has been granted for residential healthcare facilities. It is anticipated that a purchaser will require change of use planning consent depending on their intentions for refurbishment/redevelopment of the properties.
VIEWINGVia prior appointment with Mundys Commercial.

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Featured
£50,000

Long-Established Florist Business For Sale

High Street, Lincoln

LOCATIONLocated on Lincoln’s Prime High Street, Sykes Florist is a well-known and long-established business, having a unique private passageway from High Street used to display plants. The property is located between Costa Coffee and Holland & Barrett, close to the junction of High Street with Cornhill, where the majority of retailers are well-known national brands, including Boots The Chemist, Marks & Spencer, Barclays Bank etc.
DESCRIPTIONFor the Lease and Business (Plus Stock at Valuation) – We are delighted to offer for sale this long-established and thriving Florists/Indoor and Outdoor Plant Centre located centrally within Lincoln’s High Street, adjacent to Retailers including Costa Coffee and Holland & Barrett. The business is also located adjacent to Cornhill within Lincoln’s prime retail district.
The business is accessed via a private passageway used to display the vast array of outdoor plants available. Internally, the ground floor sales area is the traditional florists retail space, where cut flowers, bouquets, wreaths etc can be purchased and ordered. At first floor level, a further retail space is used for the sale of indoor plants, which has become very popular in recent times. Full details in respect of the business are available to seriously interested parties.
ACCOMMODATIONThe business is approached via a long private passageway used to display outdoor plants, trees and shrubs. The passageway provides access to the retail space, which at ground floor comprises an open-plan sales area 2.6m x 7m. Beyond this is a lobby and stairwell providing access to the first floor sales area which is 2.6m x 5m and in addition, there is a store room and WC compartment.
SERVICESMains drainage, electricity and water are connected.
EPC Rating to be confirmed.
TERMSLease Terms – The property is available by way of a new Lease for a term of years to be agreed at a rent of £10,200 per annum, exclusive of Business Rates and all other running costs.
The ingoing Tenant would be responsible for referencing fees in the sum of £100 inc VAT. The ingoing Tenant is also responsible for the Landlord’s reasonable legal costs in preparing a Lease Agreement, estimated to be approximately £500 inc VAT.
OUTGOINGSRateable Value – To be confirmed.
It is, however, likely that any prospective occupier would be entitled to claim Small Business Rates Relief.
VATVAT may be applicable in addition to the rent.
VIEWINGBy prior appointment through Mundys Commercial.

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Featured
£225,000

Freehold Property For Sale

High Street, Lincoln

LOCATIONThe property is located prominently on High Street, adjacent to the St. Catherines Roundabout, having the enviable address of 1 High Street, Lincoln and has a great mixture of high street retailers and independent shops and boutiques. The area has recently been enhanced by the pedestrianisation of the lower high street and the opening of the east-west link road.
For satellite navigation purposes, please use the postcode LN5 8BQ.
DESCRIPTIONProminently Located Freehold Showroom & Office Building – This Showroom & Office Building is located prominently on High Street, adjacent to the St. Catherines Roundabout, which benefits from very well-presented Three Storey Showroom/Office Accommodation together with ancillary Kitchen and WC Facilities. The property is also considered suitable for a variety of alternative uses including retail and residential, subject to the necessary Planning Permissions. The total internal floor area is approx. 171 sq.m (1,840 sq.ft).
This three storey Period Building has a ground floor showroom and office space above to two floors, together with ancillary kitchen and WC facilities at ground and first floor level. In addition, the property has a storage cellar.
Externally, the property has the benefit of an enclosed rear yard/parking area with vehicle access available via Bargate.
ACCOMMODATIONGround Floor
Showroom
5.2m x 5m – With double-frontage windows incorporating with Category 2 Lighting.
Side Entrance
Lobby/Reception
With seating area, access to the upper floors, cellar and further access to a disabled access WC compartment.
Office 2 3.9m x 3.9m
A further well-presented office/meeting room with Category 2 Lighting.
Kitchen 2.4m x 3.4m
Fitted with a range of modern wall and base units including freestanding appliances. Access to rear courtyard/parking area.
First Floor
Stairs/Landing
Office 3 (to front) 5.7m x 5m
With dual aspect windows, Category 2 Lighting.
Office 4 (to rear) 4.3m x 4m
Once again with Category 2 Lighting and incorporating a uPVC double glazed window.
Kitchen 2.5m x 2.4m
Fitted with modern wall and base units and providing access to shower room/WC with a white three piece suite.
Second Floor
Stairs/Landing
Office 4 5m x 5m – With dual aspect windows and Category 2 Lighting. There is a useful walk-in storeroom off.
Cellar
In addition to the accommodation as outlined above, there is a useful storage cellar, accessed via the ground floor hallway considered suitable for archive storage etc.
SERVICESMains drainage, gas, electricity and water are all understood to be connected to the premises.
EPC Energy Rating – C.
TERMSThe property is understood to be held on a Freehold basis. Vehicular access is via a private Right of Way and is charged at £250 per annum. Further details are available on request.
OUTGOINGSRateable Value – £6,400
In the event that a full rating liability is required, the current rates payable would be approximately £3,230 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.
VATVAT is not payable.
LEGAL COSTSEach party is responsible for their own legal costs.
VIEWINGVia Mundys Commercial.

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Featured
£45,000

Leasehold Home & Giftware Business for Sale

Bailgate, Lincoln

LOCATIONLocated in the Bailgate Cathedral Quarter the shop enjoys the bonus of customer parking directly outside. The location includes being directly situated next to thriving local cafes, restaurants, bars, independent stores in the uphill shopping village of the Bailgate.
DESCRIPTIONFor the Lease and Business (plus stock at valuation)
We are pleased to offer a rare opportunity to purchase a successful store in Lincoln’s most sought after locations. LIFEstyle home and giftware is a well established business within the Bailgate Cathedral Quarter. The shop has a local client base, plus all year round tourism. The shop location also benefits from being in the heart of all uphill events including the lucrative Lincoln Christmas Market, which brings over 200,000 visitors to the Bailgate each year. Full business details are available to seriously interested prospective purchasers.
LIFEstyle prides itself on being a special shopping experience. The business benefits from having exclusive deals with big name brands that can only be found in high end department stores such as Neom Organic, LSA Glassware, Maxwell and Williams crockery and Lightstyle London.
The store is open between 9.30am – 5pm. However, this is flexible and during Christmas late night shipping and peak summer season, the shop opens later to maximise the sales opportunities.
The current owner has kept stock levels low and is able to move quickly for a prospective buyer, in order for them to maximise the up coming Lincoln Christmas Market. They are only looking to sell due to on-going professional overseas commitments.
ACCOMMODATIONBenefiting from a large modern glazed open shop frontage and having full disabled access, the shop consists off:
Store Room (2.7m x 1.5m) – Having access of the main retail space and leading to the W.C.
W.C (2m x 1.5m) – Having W.C and sink, plus extra storage room.
Retail Space A (4.9m x 5.2m) – The main shop floor area, having display units on all walls and a large front shop window.
Retail Space B (5.7m x 3.6m) – Located at the back end of the shop and having more display units on the walls and a till area. Also giving access into the store room.
SERVICESHaving water and electricity connected. Electricity is on a sub meter.
EPC Rating – C
TERMSThe property is held on a Leasehold basis. The current Lease expires in March 2023 and the rent until that time is £18,000 p/a. Full details in respect of the tenancy agreement are available on request.
The stock is subject to a separate valuation.
The ingoing tenant is responsible for referencing fees in the sum of £100 in VAT.
The ingoing tenant is responsible for the landlords reasonable legal costs for transferring ownership of the existing lease.
The current lease has recently been renewed, offering a 5 year term with a secured right to renew, sub let or re assignment.
OUTGOINGSRateable Value – £16,000
In the event that a full rating liability is required, the current rates payable would be £8,065 (Rate to the pound for 2019/20 is 50.4 pence).
Prospective Tenants 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.
VATVAT may be applicable in addition to the sale price.
VIEWINGViewing via prior arrangement through Mundys on 01522 556088

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Featured
£225,000

A3 – Restaurants / Cafes, Residential

Market Place, Binbrook, Market Rasen

3

LOCATIONThe B17 Café is located centrally within Binbrook Village, which is situated within an area of ‘Outstanding Natural Beauty’, centrally within the Lincolnshire Wolds. Binbrook is well-served for local amenities and the larger, nearby towns of Market Rasen, Louth and Grimsby offer a wider range of facilities. Binbrook has a population of circa. 9,000 residents.
Binbrook is a popular Lincolnshire Wolds Village located approximately seven miles north east of Market Rasen, 25 miles north east of the Cathedral City of Lincoln, 9 miles north west of the Georgian Market Town of Louth and 14 miles south west of the Port of Grimsby.
DESCRIPTIONWe are pleased to offer for sale this rare opportunity to purchase a well-established and smartly presented freehold property comprising a popular café together with surprisingly generously proportioned living accommodation at ground and first floor level. In addition to the café seating area and kitchen, the living accommodation briefly comprises; Two Reception Rooms together with a generously proportioned Dining Kitchen with patio doors opening out onto a delightful courtyard rear garden and a Utility Room/WC. At first floor level, there are Three Bedrooms and a Bathroom/WC, all generously proportioned and well-presented throughout. Viewing is highly recommended.
This attractive Period Property comprises an established and well-regarded Café with adjoining living accommodation at ground and first floor level, which is well-presented throughout and represents an excellent lifestyle business opportunity at a very competitive price. Further information regarding the business is available on request and the accommodation is set out in further detail below.
ACCOMMODATIONPrincipal Café/Dining Area – 3.5m x 7.4m
Fully furnished and equipped in a retro/industrial style and providing covers for 20 diners. In addition, there is an ancillary seating area extending to 1.9m x 2.7m and the fully equipped preparation area and servery for café business extends to 3.5m x 3.2m. A full inventory of business fixtures and fittings is available on request.
The living accommodation is directly accessed from the café and comprises;
Living Room – 3.8m x 5.5m
With feature wood-burning stove installed and an Entrance Lobby providing separate external access onto Market Place.
Dining Room/Preparation Room – 3.5m x 3.2m
With tiled floor and uPVC double glazed window.
Kitchen – 4.4m x 2.7m
Fitted with a modern range of wall and base units including a Breakfast Bar and double glazed patio doors providing access to the delightful rear courtyard. A Utility Room and WC Compartment is also located off the Kitchen.
First Floor Stairs/Landing
Bedroom 1 – 4m x 2.4m
With uPVC double glazing and radiator.
Bedroom 2 (to front) – 3.3m x 3.3m
With radiator, uPVC double glazing and two built-in wardrobes.
Bedroom 3 – 2.8m x 3.1m
With radiator and central heating boiler.
Bathroom/WC
Fitted with a modern white bathroom suite with partially tiled walls and an electric shower fitted over the bath.
Outside
There is a delightful courtyard rear garden.
SERVICESAll mains services are connected.
EPC Rating – C
TERMSFreehold. It is understood that part of the accommodation is held on a ‘Flying Freehold’ basis.
OUTGOINGSRateable Value – £2,300
Small Business Multiplier (2020/2021) 49.9p in the £.
The property may qualify for small business rates relief.
Prospective tenants should make their own enquiries regarding Small Business Rates Relief.
Council Tax Band for living accommodation – To be confirmed.
VATVAT is not payable.
LEGAL COSTSEach party are responsible for their own legal costs.
PARKING NOTESOn-street parking
VIEWINGVia prior appointment via Mundys.

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Featured
£850,000

Nursing & Care Homes, Residential Conversions

Greetwell Close, Lincoln

20

LOCATIONThe property is situated within a very desirable residential area. Greetwell Close is located directly off Greetwell Road and is almost adjacent to Lincoln County Hospital and Lincoln Prison. Lincoln City Centre is located approximately one mile to the south-west and the property is therefore situated within a most convenient and highly popular area.
DESCRIPTIONWe are pleased to offer this rare Freehold development opportunity situated within a prime residential location just off Greetwell Road and within very close proximity of Lincoln County Hospital and Lincoln Prison. The property is considered ideally suited for redevelopment into apartments, given its excellent convenient location, but could also be suitable for a variety of other uses, subject to the necessary Planning Permissions.
The property comprises a substantial Victorian Building, with later extensions, that has most recently operated as a Nursing Home providing twenty Bedrooms, together with ancillary Reception Rooms, Kitchens, Staff Areas and Bathrooms. The property is considered suitable for its existing use as a Health Care Facility, as an alternative to the redevelopment options. The enclosed floor plan provides a detailed layout of the building and any interested parties should contact the sole Selling Agents to arrange an appointment to view.
The property sits within grounds surrounding the building, providing gardens and parking areas.
ACCOMMODATIONThis briefly comprises;
Ground Floor:
Entrance Hallway with Office off, WC Compartment and a lift together with Staircase providing access to the First Floor, Three Reception Rooms, Kitchen, Utility Room, Six Bedrooms (Four having En-Suite Facilities) and Bathroom/WC.
First Floor;
Stairs/Landing and also accessible via the lift, Linen Cupboard off and access to Fourteen Further Bedrooms (Five of which have En-Suite Facilities) and separate Bathroom/WC combined.
In addition to the ground and first floor accommodation, there is a useful Cellar providing four rooms including a Laundry Facility and Boiler Room.
Outside
The property occupies a level plot with gardens to all sides. A parking area to the right hand side provides private parking space for several vehicles and in addition, there is a detached sectional concrete Single Garage.
SERVICESMains drainage, gas, electricity and water are all understood to be connected. A gas fired central heating system is installed serving radiators throughout.
EPC Rating – C
TERMSThe property is understood to be held on a Freehold basis.
OUTGOINGSTo be confirmed.
VATVAT to be confirmed.
OTHERCouncil Tax Band – G
VIEWINGStrictly via prior appointment with Mundys Commercial – 01522 556088

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Featured
£17,000

Offices to Let

Burton Lane End, Burton Waters, Lincoln

LOCATIONThe property is situated within the popular and sought-after Marina Development at Burton Waters, which links to the centre of Lincoln and The National Inland Waterways Network. Existing facilities on the development include a David Lloyd Club, Woodcocks Restaurant, Harbour Lights Bar & Restaurant and a select range of local businesses. Burton Waters is situated off the A57 with good road-links to the A46 and A15. Lincoln is approximately four miles to the west.
DESCRIPTIONUnit 2 Marine Studios, Burton Waters is a high quality three-storey mid-terrace Office Building located on the popular and sought-after Marine Development of Burton Waters, situated off the A57, with good road-links to the A46 and A15. Presented to a high specification throughout, with office accommodation with Open-Plan Office Space together with Private and Meeting Rooms. In addition, there is Kitchen and Toilet Facilities. The Offices benefit from air-conditioning. The floor area extends to 110 sq.m (1,189 sq.ft) plus staff areas and seven car parking spaces.
ACCOMMODATIONThe well-presented accommodation is arranged over three floors, with access on the ground floor to a Reception Area with Inner Hallway providing access to the Meeting/Board Room, Kitchen and Toilet Facilities.
A staircase provides access to first floor level where there is a large Open-Plan Office and Separate Office. A further staircase provides access to the second floor where there is further Open-Plan Office Space.
Air-conditioning units are installed to the individual Offices. The Office accommodation extends to 110 sq.m (1,189 sq.ft) plus additional Staff Accommodation with a Kitchen of 14.7 sq.m (158 sq.ft), a Disabled/Ladies WC and Gents WC.
OUTSIDE
There are seven allocated parking spaces provided.
SERVICESMains water, drainage, gas and electricity are connected to the property, but interested parties are advised to make their own enquiries with the relevant service providers.
EPC Rating – B(50) Valid until 5th January 2031.
TERMSLEASE TERMS
The Offices are available to let under the terms of a new FRI Lease for a term of years to be agreed.
The asking rent is £17,000 per annum exclusive and includes the seven allocated car parking spaces. The terms are fully negotiable and incentives considered.
OUTGOINGSThe office suite has been recently reassessed for the Business Rates by the Valuation Office and is understood to be £10,750.
Dependent upon individual circumstances, Small Business Rates Relief may be available and all enquiries should be directed to the Local Authority, West Lindsey District Council.
VATVAT is chargeable on the annual rent.
LEGAL COSTSThe ingoing Tenant is responsible for a referencing fee (£100 inc VAT per individual named on the Lease) and for their own and the Landlord’s legal fees involved in this transaction.
SERVICE CHARGEIn addition to the rent, a Service Charge will be levied to contribute towards the upkeep and maintenance of the common areas of Burton Waters. For the period 1st January 2021 to 31st December 2021 it is £3,011.83 plus VAT. Further details can be provided upon request.
PARKING NOTESThere are seven allocated parking spaces provided.
VIEWINGBy prior appointment through Mundys.

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Featured
£10,000

Offices to Let

Weaver Road, Lincoln

LOCATIONWeaver Road is located directly off Kingsley Road within an established modern business district. The property overlooks Whisby Road and is located close to its junction with the A46 Bypass, situated approximately three miles south west of the City Centre.
DESCRIPTIONThe Point is a modern, high quality Office Park and the subject property comprises a recently refurbished First Floor Office Suite comprising a large open-plan office environment together with a meeting room/private office, kitchen area and dedicated WC. There are also four allocated car parking spaces included. The property is prominently located with frontage onto Whisby Way, close to its junction with the A46 Bypass, making it an excellent choice for easy access to Lincoln and the main arterial routes. The Net Internal Floor Area extends to 94 sq.m (1,012 sq.ft).
ACCOMMODATIONThis well-presented recently refurbished office suite is situated at first floor level and the stairwell provides access to a private WC facility as well as the open-plan office space with newly fitted kitchen area off. There is also a large private office/meeting room, partitioned off the main open-plan accommodation.
The office space has been recently carpeted and benefits from suspended ceilings with Category II Lighting and perimeter trunking providing power and data. All windows are double glazed and benefit from fitted blinds. The Net Internal Floor Area extends to 94 sq.m (1,012 sq.ft).
SERVICESMains water, electricity and drainage are connected. An air-conditioning system is installed providing heating and cooling throughout the accommodation.
Given that this is a first floor suite, all utility bills are shared with the ground floor occupier on a 50/50 basis.
TERMSThe office suite is available to let for a term of years to be agreed at a rental of £10,000 per annum inclusive of four on-site car parking spaces.
OUTGOINGSRateable Value – £11,750.
Small Business Multiplier (2020/2021) 49.9p in the £.
The property may qualify for small business rates relief and prospective tenants should make their own enquiries regarding Small Business Rates Relief.
VATVAT is not payable on the rent.
LEGAL COSTSThe ingoing Tenant is responsible for the Agent’s referencing fee £100 inc VAT, together with the Landlord’s reasonable legal costs for producing the Lease (Costs to be confirmed).
SERVICE CHARGEService Charge/Utility Bills – A Service Charge is levied to contribute towards external landscaping and maintenance of the estate roads. All costs associated with the Service Charge will be split on a 50/50 basis with the ground floor occupier. Similarly, all utility bills (electricity and water) will be shared on a 50/50 basis with the ground floor occupier.
VIEWINGVia Mundys Commercial.

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