MapRestaurant
Features and description
- Tenure: Freehold
- Business & Premises for Sale
- Freehold Title
- Central Location
- 5* Hygiene Rating
We are pleased to offer for sale via online auction a rare opportunity to acquire a long standing local business and the freehold of the building.
Margherita's Pantry has been open almost 20 years and only due to retirement is the owner listing the business for sale. As a hot&cold takeaway food business the sale will come with majority of the current equipment ready for a new owner to operate. The most recent years turnover was £57,500 with just one part time member of staff alongside the owners, in recent years the owners have maintained client relationships with local people and businesses. We can also see potential for upstairs to be returned to residential flat, subject to planning and works.
Further information is available upon request.
Currently operating Mon-Fri 8am - 2:30pm, we believe that turnover could be increased with the addition of extra opening hours
The premises has off road parking at the front and rear with the rear being gated and secure. the property has three phase electrics, a central monitored alarm and a CCTV system, while the properties boiler was replaced in 2017.
Rooms
Location
The property is well located along Frodingham Road less than a mile from Scunthorpe town centre. Scunthorpe is approximately 22 miles east of Doncaster and 27 miles west of Grimsby. The town is home to just over 82,000 people.
Accommodation
Main Shop Front - 8.00 x 4.06 (26'2" x 13'3")
First Store Room - 5.00 x 2.36 (16'4" x 7'8") -
Kitchen - 8.40 x 2.96 (27'6" x 9'8") -
Landing/Office - 4.84 x 1.41 (15'10" x 4'7") -
Upstairs Front Office - 4.05 x 3.69 (13'3" x 12'1") -
Staff Room - 4.00 x 3.08 (13'1" x 10'1") -
W.C. - 2.60 x 0.85 (8'6" x 2'9") -
Externally there is a rear courtyard.
Tenure
Freehold. Title Number: HS81259
Rateable Value
The adopted rateable value is £2,550 as of 1st April 2017.
Sourced from VOA.
EPC
Rating C (available upon request)
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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