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18/19 Broad Street, Spalding, PE11

£750,000

£50.06 per sq ft

Business rates & charges may apply

PYGOTT & CRONE COMMERCIAL, Lincoln
SIZE AVAILABLE

14,983 sq ft

1,392 sq m

SECTOR

High street retail property for sale

Key features

  • For Sale or To Let
  • Department store building
  • Centre of the town
  • 1392 sqm (14,983 sqft)
  • For Sale - £750,000
  • To Let - £65,000 pax
  • CEPC Rating - C

Description

The property comprises the historic former Hills Department store in the centre of Spalding. The property comprises a substantial prominent 3 storey department store.

Location
Spalding is a market town on the River Welland in the South Holland district of Lincolnshire. The town had a population of 34,113 at the 2017 census. The town is the administrative centre of the South Holland District. The town is located between the cities of Peterborough and Lincoln, as well as the towns of Bourne, March, Boston, Wisbech, Holbeach and Sleaford.

Accommodation

The property is arranged over 3 floors including Ground, First and Second Floor retail, restaurant, stores and staff facilities. The floor area is 1392 sqm (14,983 sqft) as confirmed from the valuation office measurements. This breaks down to Ground floor retail: 589.20 sqm (6342.14 sqft)Ground floor stores: 61.80 sqm (665.21 sqft)First floor retail: 510.1 sqm (5490.71 sqft)First floor stores, staff areas, public toilets: 86.5 sqm (931.08 sqft)Second floor offices, stores, staff facilities, staff toilets: 144.50 sqm (1555.39 sqft)

The property is arranged over 3 floors including Ground, First and Second Floor retail, restaurant, stores and staff facilities. The floor area is 1392 sqm (14,983 sqft) as confirmed from the valuation office measurements.

PLANNING

Spalding is a market town on the River Welland in the South Holland district of Lincolnshire. The town had a population of 34,113 at the 2017 census. The town is the administrative centre of the South Holland District. The town is located between the cities of Peterborough and Lincoln, as well as the towns of Bourne, March, Boston, Wisbech, Holbeach and Sleaford.

The property has an established A1 retail use and A3/A5 hot food and restaurant use.

SERVICES

Mains gas, electricity, water and drainage are connected. No services have been tested. Buyers or tenants are advised to check on the adequacy of these supplies.

TENURE

Mains gas, electricity, water and drainage are connected. No services have been tested. Buyers or tenants are advised to check on the adequacy of these supplies.

The property is offered for sale or to let on negotiable terms

RATEABLE VALUE

The property has a rateable value of £60,500 as of the 1st April 2023.

CEPC

The property has an CEPC rating of C which is valid until the 17th December 2030.

LEGAL COSTS

Each party are responsible for their own legal costs

VAT

The price and rent are exclusive of VAT if applicable.

LOCAL AUTHORITY

South Holland District CouncilPriory RoadSpaldingPE11 2XETel:

VIEWING

Contact Pygott & Crone Commercial

Energy Performance Certificates

EPC 1

18/19 Broad Street, Spalding, PE11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Spalding Station0.3 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10356315. 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 PYGOTT & CRONE COMMERCIAL, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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