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£475,000

Gainsborough Road, Middle Rasen, Market Rasen, Lincolnshire, LN8

Key Features

  • For Sale
  • Established Pub
  • 3 bed owners flat above
  • Large site and car park
  • Ground Floor 1918 sqft (178.1 sqm)
  • First Floor 986 sqft (91.6 sqm)
  • Large potential land area
  • Possible residential development
  • CEPC ordered

Description

An excellent opportunity to purchase this long established public house with excellent potential and with potential residential development. The pub offers spacious leisure space and a large owners flat over with 3 bedrooms.

Location

Middle Rasen is a village and civil parish in
the West Lindsey district of Lincolnshire,
located about 1.5 miles (2.4 km) west from the town of Market Rasen. The
population of the civil parish at the 2011 census was 2,043. The main centre Market
Rasen is a market town and civil parish within the West Lindsey district
of Lincolnshire. The River Rase runs
through it east to west, approximately 16 miles (26 km) north-east
from Lincoln, 18 miles (29 km) east from Gainsborough, 14 miles (23 km) west
of Louth, and 16 miles (26 km) south-west
from Grimsby.
It lies on the main road between Lincoln and Grimsby,
the A46,
and is famous for its racecourse. In 2001, the town had a
population of 3,200. In the 2011 census,
the population of the civil parish was 3,904.

ACCOMMODATION

The property comprises a 2 storey building comprising overall areas as follows:Ground Floor = 1918 sqft (178.1 sqm)First Floor = 986 sqft (91.6 sqm)Total area = 2904 sqft (269.7 sqm)

PLANNING

The property has an established use as a public house with residential accommodation above. The agents believe the site has development potential on the remainder of the site for a residential development subject to planning permission.

SERVICES

Mains electricity, water, gas and drainage are connected however have not been tested

TENURE

The property is offered for sale with vacant possession.

RATEABLE VALUE

The property has a rateable value of £3500

CEPC

A CEPC has been ordered

LEGAL COSTS

Each party are responsible for their own legal costs

VAT

The price is exclusive of VAT if applicable

LOCAL AUTHORITY

West Lindsey District Council Guildhall Marshalls Yard Gainsborough Lincolnshire DN21 2NA Tel

VIEWINGS

Contact Pygott & Crone Commercial 36a Silver StreetLincoln LN2 1EW Tel

Property details

Tenure
Freehold
Council Tax Band
TBC
Date Posted
2026-02-27

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

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Enquire about this property

Contact PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

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