4 bedroom Commercial Property for sale in Kilwardby Street Ashby-De-La-Zouch LE65

Sale Price: £550,000

Kilwardby Street Ashby-de-la-Zouch, LE65 2FQ

Commercial Property
4 Bed(s)
-- Bath(s)
Available

 50 Market Street, , Ashby-De-La-Zouch
*When you call don't forget to mention Overstreet.co.uk

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Street Address

Kilwardby Street Ashby-de-la-Zouch, LE65 2FQ

Property description

A UNIQUE BUSINESS OPPORTUNITY : COMMERCIAL / RETAIL. Currently a restaurant, this substantial Grade II listed period property boasts extensive spacious accommodation with around twenty rooms spread over three floors. Located near the centre of the bustling historical North West Leicestershire town of Ashby-de-la-Zouch, the building is believed to date back to the 1700s and would originally have been three cottages. In 1977 the property was granted Grade II status being of special architectural and historic interest. The present owners purchased the property in early 1982, and after extensive renovation, opened as a restaurant later that year with a first floor retail shop opening in 1994. This desirable property represents a fantastic business opportunity, or alternatively it could be converted into a spacious private dwelling offering versatile family accommodation - subject to the necessary consents.

THE LOCATION
The ancient, historic market town of Ashby (with its famous 15th century castle) almost certainly dates back to Roman times. Later, in the early 19th century, it became a spa town. Many of the Georgian-style buildings that you now see were built to accommodate visitors to the Baths. Today, Ashby de la Zouch is a thriving and bustling town within the National Forest and enjoys a wide range of good shops, schools, pubs, churches and local amenities. The nearby M42 motorway gives easy access to the M1, M5 and M6 and many other Midland towns and cities. The town is also convenient for the airports at Nottingham East Midlands and Birmingham.

ABOUT THE PROPERTY
A UNIQUE BUSINESS OPPORTUNITY : COMMERCIAL / RETAIL. Currently a restaurant, this substantial Grade II listed period property boasts extensive spacious accommodation with around twenty rooms spread over three floors. Located near the centre of the bustling historical North West Leicestershire town of Ashby-de-la-Zouch, the building is believed to date back to the 1700s and would originally have been three cottages. In 1977 the property was granted Grade II status being of special architectural and historic interest. The present owners purchased the property in early 1982, and after extensive renovation, opened as a restaurant later that year with a first floor retail shop opening in 1994. This desirable property represents a fantastic business opportunity, or alternatively it could be converted into a spacious private dwelling offering versatile family accommodation - subject to the necessary consents.

ACCOMMODATION IN DETAIL
The property is a double bay fronted building situated a few hundred metres from the heart of the busy town centre where you will find a wide variety of thriving shops, pubs and restaurants.

SPACIOUS MAIN RESTAURANT - 31' 4'' x 22' 4'' max (9.54m x 6.80m)
With a bar and seating areas. Two large bay windows overlooking Kilwardby Street. Door to the adjoining:



ADDITIONAL SEATING AREA - 15' 3'' inc. corridor x 14' 8'' (4.64m x 4.47m)
Doors off to the cellar, pantry and commercial kitchen.

THREE CELLARS
With brick vaulted ceilings, stone thrall and ample space for wine storage.

PANTRY / STORAGE ROOM - 8' 0'' x 6' 4'' (2.44m x 1.93m)
Swings doors to the:

COMMERCIAL KITCHEN - 15' 8'' x 15' 4'' (4.77m x 4.67m)
With a stainless steel sink and drainer. The cooking appliances are not included in the sale. Side exit door and dual-aspect windows.

INNER PASSAGEWAY
With a side exit door. Staircase rising to the first floor accommodation.

PANTRY / BOILER ROOM - 7' 2'' x 6' 3'' (2.18m x 1.90m)
With two wall-hung gas boilers. Exit door and window. A square arch leads through to the:

FOOD PREPARATION ROOM - 16' 1'' x 11' 8'' (4.90m x 3.55m)
With twin sink and drainers. Quarry tiled floor. Door to the:

FOOD STORAGE ROOM - 16' 0'' x 11' 7'' (4.87m x 3.53m)
With large double doors leading outside to the side entrance and off-road parking space. Returning to the inner hall, a second staircase rises to the:

FIRST FLOOR - DOMESTIC ACCOMMODATION

SPACIOUS SITTING ROOM - 25' 2'' x 16' 3'' (7.66m x 4.95m)
With a fireplace, moulded cornice, two central heating radiators and three windows.

DOMESTIC KITCHEN - 13' 0'' x 11' 6'' (3.96m x 3.50m)
Fitted with a range of base and drawer units and matching cupboards. A stainless steel sink and an inset electric hob with built-in oven and grill. Side window and door through to the:

GOOD-SIZED DINING ROOM - 16' 6'' x 15' 10'' (5.03m x 4.82m)
A generous room with a radiator, wall lights and dual-aspect windows. Door to the:

DRAWING ROOM - 17' 1'' x 16' 4'' (5.20m x 4.97m)
With an exposed beam, plate rack, feature chimney and dual-aspect windows. Door to the:

SECOND LANDING
With a wide second staircase that rises from the ground floor.

GENTLEMEN'S TOILET - 7' 5'' x 7' 2'' (2.26m x 2.18m)
Serving the restaurant below. With two wall-hung urinals, separate toilet cubicle and a wash basin.

LADIES TOILET - 7' 0'' x 6' 7'' (2.13m x 2.01m)
With a window, toilet and wash basin.

LARGE FRONT RECEPTION ROOM - 19' 3'' + recess x 15' 6'' (5.86m x 4.72m)
Currently the retail shop area for the restaurant. There is pipework in place from a former bathroom. Two sash front windows overlooking the street below. Open plan to the:

ANTE ROOM - 11' 1'' x 7' 7'' (3.38m x 2.31m)
An additional room off the main room. With an exposed centre beam and front window. Returning to the landing, stairs ascend to the:

SECOND FLOOR ACCOMMODATION
With doors off to the bedrooms, bathroom and second front reception room/office/bedroom two.

SPACIOUS PRINCIPAL BEDROOM - 17' 9'' x 16' 6'' to low eaves (5.41m x 5.03m)
With a feature exposed roof beam and an eaves-level window.

BATHROOM - 6' 8'' x 6' 3'' (2.03m x 1.90m)
Comprising a sunken bath, pedestal wash hand basin and a toilet.

BEDROOM TWO - 16' 2'' x 11' 3'' (4.92m x 3.43m)
With fitted wardrobes, corner wardrobe and shower cubicle. Front window.

BEDROOM THREE - 11' 9'' x 5' 6'' (3.58m x 1.68m)
With a front window.

FRONT RECEPTION ROOM / OFFICE / BEDROOM TWO - 15' 7'' x 12' 7'' (4.75m x 3.83m)
A generous-sized room currently used as an office but ideal as a second bedroom. With a window to the front elevation.

OUTSIDE

SIDE WALLED GARDEN
To the side of the property there is a good-sized private walled garden with a paved patio, extensive lawned area and borders stocked with a variety of shrubs and trees.



OFF-STREET PARKING
There is gated right of access down the side of the property leading to space to park one vehicle. Also, the current owners have an arrangement to rent a parking space nearby and it may be possible for this to continue - subject to negotiation.

IMPORTANT NOTE:
The current owners are retaining the name 'La Zouch' and will be trading elsewhere using that name. Any purchaser wishing to use the premises as a restaurant will not therefore be able to use the current trading name. The liquor licence will remain with the premises subject to the purchaser being successful in applying for the transfer of the licence in their name.

AND FINALLY...
A rare opportunity to acquire a substantial Grade II listed period building in the town centre offering considerable scope for development - either as a commercial property (conditions apply) or for conversion to a spacious family home with versatile accommodation.

HOW TO GET THERE
From our NEWTON FALLOWELL OFFICE in the heart of ASHBY-DE-LA-ZOUCH: Turn left into Market Street. In a short distance, go straight on at the second mini-island into Kilwardby Street where the property (the restaurant at number 2) can be found within 100 metres on the right hand side. Please note: There is NO 'For Sale' board outside the property.

SERVICES, TENURE, MEASUREMENTS etc...
SERVICES: All mains are connected. The services, systems and appliances listed in this specification have not been tested by Newton Fallowell and no guarantee as to their operating ability or their efficiency can be given. TENURE: Freehold - with vacant possession on completion. Newton Fallowell recommends that purchasers satisfy themselves as to the tenure of this property and we recommend they consult a legal representative such as a solicitor appointed in their purchase. MEASUREMENTS: Please note that room sizes are quoted in metres to the nearest tenth of a metre measured from wall to wall. The imperial equivalent is included as an approximate guide for applicants not fully conversant with the metric system. Room measurements are included as a guide to room sizes and are not intended to be used when ordering carpets or flooring. VIEWING: By strict appointment through the selling agent.

Property Features :

  • Substantial Grade II Listed : Commercial / Residential
  • Offering Considerable Scope for Development
  • Currently a Restaurant with Residential Accommodation
  • Ground Floor Restaurant - Double Bay Fronted
  • Spacious Sitting Room, Dining Room and Drawing Room

Property Info:

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