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30 The Crescent 1,608 SF Retail Building Spalding PE11 1AF $241,844 ($150.40/SF)

INVESTMENT HIGHLIGHTS
- Prime location
- Great transport links
EXECUTIVE SUMMARY
For the last 30 years the property has been used as a Chinese Restaurant by the present owner and their family. The property has an extensive kitchen at the rear, with adjacent dry stores, and further stores at basement level.
The first floor provides WC facilities and further ancillary storage and has a shower-room, and therefore could also be used as a Manager´s flat. There is a full staircase to the attic, which is at present only in basic order and is used for further storage. The building therefore has potential for continued Restaurant use or for conversion to Residential use. Interested parties are advised to make their own enquiries as to what Planning Permission may be required via South Holland District Council - Planning Department on .
The first floor provides WC facilities and further ancillary storage and has a shower-room, and therefore could also be used as a Manager´s flat. There is a full staircase to the attic, which is at present only in basic order and is used for further storage. The building therefore has potential for continued Restaurant use or for conversion to Residential use. Interested parties are advised to make their own enquiries as to what Planning Permission may be required via South Holland District Council - Planning Department on .
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,608 SF
Building Class
B
Year Built
1970
Price
$241,844
Price Per SF
$150.40
Tenancy
Single
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.02 AC
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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30 The Crescent
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