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Guide price
£700,000

Restaurant for sale

High Street, Lyndhurst, Hampshire, SO43 7BD
Auction
Restaurant
Added < 7 days

Features and description

  • Substantial and versatile freehold property
  • Prime position on the iconic High Street of Lyndhurst
  • Characterful property spans multiple levels
  • Significant residential income potential
For sale via secure sale online bidding - terms and conditions apply.

Spotlight and Pattinson Auctions are delighted to present an exceptional opportunity to acquire a substantial and versatile freehold property situated in a prime position on the iconic High Street of Lyndhurst, the "Capital of the New Forest."
This historic building currently houses the well-known Imperial China Restaurant and offers a unique combination of extensive commercial space and high-value residential accommodation.
The property does need modernisation, but could trade as a restaurant again with minimal investment as is the case with the one bedroom flat. The other areas do need more significant refurbishment.

This characterful property spans multiple levels, offering a turn-key commercial setup on the lower floors with significant residential income potential or owner-occupancy above.

Please note we have not inspected this property.

Rooms

Location
Situated in a prime position on the iconic High Street of Lyndhurst, the "Capital of the New Forest."

Accommodation - Commercial
• Customer-Facing Dining: A vast, multi-room restaurant area currently configured for traditional Chinese dining. The space features a mix of large round tables and smaller ones for two, decorative wall panels, and a split-level layout that creates a vibrant yet intimate atmosphere. Separate Ladies and Gentlemans Toilets • Commercial Kitchen: A fully equipped, professional-grade kitchen. It features extensive stainless steel preparation surfaces, a high-capacity industrial extraction system, multiple wok burners, and integrated refrigeration units—ideal for high-volume catering. • Character Features: Large windows overlooking the bustling High Street provide excellent natural light and prominent signage opportunities. Although the property is within the popular New Forest National park its not within the conservation area and is not listed

Accommodation - Residential
One bedroom flat to the rear of the property, accessed from church road. • Flat with four bedrooms is to the front of the property with separate access from the street as shown in the photo to the left. The Staff Accommodation / Extra Storage • Accessed by a staircase within the restaurant, In the Middle of the building there is another three rooms, a bathroom and separate toilet

Tenure
HP238915 - Freehold

Rateable Value
Future rateable value (from 1 April 2026) £27,250. Sourced from VOA.

EPC
Rating C - full report available upon request.

Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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Area statistics

Crime score
Low crime
1/10

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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