Retail Property (high street) to rent

Victoria Road, Mablethorpe, Lincolnshire, LN12

£1,333 pcm

Property Description

Full description

LOCATION
Mablethorpe is a town with a population of approx. 12,500, situated on the Lincolnshire coast with a good level of local amenities. The population is considerably increased in the summer months by the influx of holidaymakers to the area. It is located approximately 19 miles north of Skegness and 32 miles south of Cleethorpes. The town has beautiful sandy beaches, a range of shops and amenities, primary school and a health centre. The market towns of Spilsby and Louth are just a short drive away and the larger towns of Boston, Grimsby and the city of Lincoln are all accessible and approximately 1 hour by road.

The property is situated on Victoria Road with frontage car parking, approximately 150 yards from the junction with the High Street. The property has mixed use development all round to include residential and commercial. The property has an established Cost-cutters convenience store business.

ACCOMMODATION
The property is principally "L" shaped, being 5.87m internal frontage x 12.5m with the rear parcel being 10.43m x 11.8m. There is a partitioned wall to a storage area, 4.10m x 10.43m to include a disabled standard WC and staircase to mezzanine.

At ground floor the property offers the potential for a net internal trading area of 227.9 m/2453 ft. This would necessitate the removal of the partitioning.

MEZZANINE
4.6m x 16.5m, with slight reduced head height, 75.5 m/812 ft.

LEASE
The property is offered on flexible terms at an initial rent of 16,0000 p.a.

THE BUSINESS
The property is currently trading successfully, showing figures of 10,680 p.w. with significant potential to increase this level of turn-over. The property is well fitted out with the usual miscellany of gondolas, display cabinets, chillers etc, all of which is available by separate negotiation. The property is fully alarmed. Stock will be at valuation.

VAT
All prices quoted above are excluding VAT.

RATEABLE VALUE
From enquiries of the Valuation Office Agency website, we understand that the property is currently assessed in accordance with the 2017 revaluation as follows:-
Description:- Shop Premises
RV:- 14,500
The charging authority is East Lindsey District Council

VIEWING
Strictly by appointment with the agent's Louth office on 01507 602264.

ACCOUNTS
Accounts can be made available to prospective tenants with our client's express permission following an initial viewing.

LEGAL FEES
The ingoing tenant is to be responsible for our client's reasonable legal fees incurred in connection with the letting of the property.

MEASUREMENTS
Measurements are approximate with the metric conversion shown in brackets, taken wall to wall unless otherwise indicated.

DISCLAIMER
Notice is hereby given that these particulars are set out for the guidance of proposed purchasers and, although due care is taken in their preparation and they are believed to be correct, proposed purchasers must not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. These particulars are issued on the understanding that all negotiations are carried out through the agents Turner Evans Stevens but they do not constitute an offer or contract. Any price quoted in these particulars is subject to contract. No person employed by Turner Evans Stevens Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Skegness (14.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Turner Evans Stevens, Louth Commercial

6-8 Cornmarket, Louth, LN11 9PY

01507 640019 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

Nearest station

  • Skegness (14.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Turner Evans Stevens, Louth Commercial

6-8 Cornmarket, Louth, LN11 9PY

01507 640019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference C00000917. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Turner Evans Stevens, Louth Commercial.

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