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Guide price
£600,000

Restaurant for sale

Ancaster Lane, Oasby, Grantham, Lincolnshire, NG32 3NB
Auction
Restaurant
19,820 sq ft / 1,841 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • For Sale By Online Auction Terms & Conditions apply
  • Grade II Listed
  • Exceptional fit out throughout
  • Well appointed Owners apartment
  • 4 Self contained letting rooms
  • Fully equipped kitchen and cellar
  • Fixtures and fittings can be bought via separate negotiations
  • Business not included
FOR SALE VIA ONLINE AUCTION: Terms and conditions apply.

We are pleased to offer to auction this well appointed Grade II listed building which comprises a restaurant and accommodation for sale.

The Houblon Arms is located in the centre of the village of Oasby, located in the local authority area of South Kesteven, the village lies approximately 11 miles North East of Grantham. Excellent road links close by with the A1, A52, A15 and A17 all within 15 minutes of the property.

We have been advised that the business is not being sold within this sale (no accounts or books will be available). Fixtures and fittings can be bought with separate negotiation.

Please note we have not inspected this property.

Rooms

Location
The subject property is located in the beautiful countryside village of Oasby. The closest transport links are School Lane bus stop (2.8 miles) and Ancaster train station (4.1 miles). Nottingham City centre is located approximately 30 miles away. The Houblon Arms is located in the centre of the village of Oasby, located in the localauthority area of South Kesteven, the village lies approximately 11 miles North East of Grantham. Excellent road links close by with the A1, A52, A15 and A17 all within 15 minutes of the property.

Accommodation
The accommodation comprises the following areas: Main entrance leading to public bar area Lounge area, main restaurant, catering kitchen, 4 en-suite lettings rooms, landscaped patio garden area, summer house and outdoor catering kitchen. The subject premises has great potential to be a beautiful wedding venue.

Tenure
Freehold. Title number LL103454

Rateable Value
The adopted rateable value is £15,500 as of 1st April 2023. Sourced from VOA.

VAT
We are advised the property is VAT elected.

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.

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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