Sold at Auction

South Street

Wincanton, Somerset, BA9 9DL

Guide Price

£95,000 + Fees

Sold at auction for £100,000

A freehold cafe/restaurant in the heart of Wincanton.

FOR SALE BY PUBLIC AUCTION ON FRIDAY 15 MARCH 2019 AT 2.00PM AT THE DIGBY HALL, HOUND STREET, SHERBORNE, DT9 3AB.

An excellent opportunity to purchase this freehold cafe/restaurant situated in the heart of the town. This was a popular establishment, until forced to closed due to bereavement, operating as a cafe in the daytime and open 3 evenings a week servingThai/Asian menu. The property could be suitable for a variety of businesses (subject to change of use).

Situated on the ground floor there are two dining areas, both with large bow window, a snug/lounge area situated at the rear with wood effect flooring and a rear hallway with access to the cloakrooms.

A spacious kitchen comprises a comprehensive range of stainless steel equipment and fridge (these are available by separate negotiation).

A basement provides good storage space and office.

Outside
There is an attractive walled courtyard suitable for providing seating for up to 10.

NOTE
The two flats above the restaurant are held under long residential leases for a term of 125 years from 30 June 1988. The ground rent payable is £50 per annum (no review provisions). The leases state the tenant of Flat 1 is to contribute 30% of the service charge and the tenant of Flat 2 is to contribute 20%. However please note no rent or service charge has been collected since the registered proprietor died.

The tenant of each flat is responsible for internal repair and decoration, and the Landlord is responsible for repair and maintenance of the structural parts and insurance.

Get in Touch

Mark Lewis

Mark Lewis FRICS FAAV, FNAVA

Partner, Head of Agency

Sturminster Newton

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