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The Bull Inn 1 Knight St
2,413 SF of Retail Space Available in Pinchbeck PE11 3RA
Highlights
- Good road links
- Good transport links
- Dedicated parking for c.30 vehicles
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
Ground | 2,413 SF | 20 Years | $20.65 CAD/SF/YR $1.72 CAD/SF/MO $222.23 CAD/m²/YR $18.52 CAD/m²/MO $4,152 CAD/MO $49,818 CAD/YR | Fully Repairing & Insuring |
Ground
The ground floor trading space provides 2 bar areas: the right offers a bar area with space for c 35 covers with a mix of loose and fixed seating; the left-hand side a bar with feature bulls horn bar. To the rear are male and female WC’s, commercial trade kitchen (partially fitted) and wash up area. The cellar is located at lower ground floor level. The first floor provides a substantial function room with space for 60-80 covers with separate dual access to the ground floor and dedicated bar servery. In addition, there is private accommodation comprising 2 double bedrooms, lounge, showroom, separate WC and bathroom. Externally there are 2 parking areas, either side of the property with space for deliveries, staff and customer parking for c 30 cars. The property is available by way of a new, 20-year 'free of tie' lease with an initial rent of £27,500 per annum, exclusive of VAT. There is no premium payable for the benefit of the new lease. The new lease will be on a Full Repairing and Insuring basis with Annual RPI increases (min 2.5% / max 5%) and 5th year open market rent reviews. Ingoing rental incentives may be offered, subject to the tenant’s assessed covenant strength and overall business plan. Applicants must have sufficient capital available to cover 3 months' rent, along with building insurance, standard £1,500 legal fees contribution and working capital. Proof of funding and a business plan will be required, along with a deposit equivalent to 6 months rent + VAT.
- Use Class: E
- Fully Built-Out as a Drinking Establishment
- Space is an outparcel at this property
- Kitchen
- Energy Performance Rating - C
- Basement
- Private Restrooms
- Well equipped commercial trade kitchen
- New 'Free of Tie' lease available
- 2 sizeable bar areas
- 1st floor function room (c.60-80 covers)
- Dedicated parking for c.30 vehicles
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 1 Knight St , Pinchbeck, LIN PE11 3RA
Property Type | Retail | Year Built | 1900 |
Property Subtype | Bar | Parking Ratio | 12.43/1,000 SF |
Gross Leasable Area | 2,413 SF |
Property Type | Retail |
Property Subtype | Bar |
Gross Leasable Area | 2,413 SF |
Year Built | 1900 |
Parking Ratio | 12.43/1,000 SF |
About the Property
The Bull Inn is a 2-storey detached building accessed via a central lobby entrance. The area of the site is 0.5 acres and the ground floor footprint (GEA) of the public house, excluding the detached outbuilding, extends to 224m² (2,413ft2 ). The Bull is in a prominent corner position in the large village of Pinchbeck, population 6,011 (2021 census). The property is located at the junction of Knight Street & Church Street, 2 miles north of the market town of Spalding, population 35,011 ( 2021 Census). The bustling village has a newly refurbished Spar as well as various other independent retail shops.
- Signage
Nearby Major Retailers
Presented by
The Bull Inn | 1 Knight St
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