LINCOLNSHIRE - BUSY ROADSIDE CAFE WITH 5 BEDROOM LETTING LODGE

The Country Kitchen Café & Lodge (More recently known as The Horseshoes Café) is situated in the quaint Lincolnshire hamlet of Byards Leap, renowned locally for its association with various legends. The hamlet is located adjacent to the A17, only 2.7 miles west of Cranwell, 5.7 miles northwest of Sleaford and 13.4 miles southeast of Newark- on-Trent. The Country Kitchen Café & Lodge is well known for being the main amenity within the hamlet, nestled between a vehicle repair shop and a caravan park. The aforementioned town of Sleaford provides larger shopping outlets, supermarkets and fuel stations.

The property briefly comprises:

CAFE
(Single storey wooden building with pitched felt roof)
Open plan TRADE AREA
- Seating for 48
- Service counter
- Carpet flooring
- Ladies’ & Gentlemen's toilets
- Fully fitted commercial kitchen with prep area and wash up room

LETTING LODGE
(Single storey brick building with pitched tile roof)
- Bedroom 1: Super King Room with bathroom en suite
- Bedroom 2: Super King Room with bathroom en suite
- Bedroom 3: Double Room with shower en suite
- Bedroom 4: King Room with bathroom en suite
- Bedroom 5: Super King Room with bathroom en suite
- Boiler cupboard housing the central heating boiler for the lodge
- Laundry cupboard
- Sizeable loft storage space

EXTERNAL
- Front trade patio & lawn with bench seating for 48
- Car park with space for 30 vehicles
- Rear yard with wooden storage shed
- Single storey Nissen hut with corrugated iron roof, housing the central heating boiler for the café

Our clients have operated the Country Kitchen & Lodge since 1982, trading the premises as a traditional roadside café with adjoining letting accommodation. Since April 2023, the business has traded under tenanted operation as The Horseshoes Café, the premises are now offered to the leasehold market in order to find a new tenant.

The business has most recently been let on a traditional tenancy agreement and therefore no trading accounts are available. No trade is sold or warranted. Historic trade accounts are unavailable. Prospective purchasers must make their own assumptions as to likely trade levels having due regard to the location and potential of the site.

The Landlord will consider the creation of a new lease agreement on the following terms:

LEASEHOLD: £15,000 to include fixtures and fittings. Stock at valuation in addition
TERM: Seven years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Non assignable
BOND: A bond equivalent to 3 months’ rent in advance
RENT: £16,000 per annum, paid weekly in advance
RENT REVIEW: Subject to rent reviews every third year of the term in conjunction with RPI
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent

No direct approach to be made to the business, with all communications directed through Sidney Phillips. Viewing strictly by appointment only.

No Premises Licence is held.

Mains water and electricity are connected. Oil fired central heating. Septic tank drainage.
Local Authority: North Kesteven District Council, Kesteven St, Sleaford, Lincolnshire NG34 7EF
Rateable Value as at 01 April 2023: £13,000