£370,000 Commercial property for sale The Terrace, Spilsby, Lincs, PE23

Established Auto Parts and Accessories with Sign Writing Business, together with Large Freehold Property with Lock-Up Shop and 3 Tenanted Flats.
£370,000 plus stock at valuation. To include Fixtures & Fitting as Goodwill.
VIEWING HIGHLY RECOMMENDED

• The Terrace
• Lock-Up Shop and 3 Tenanted Flats
• Established Auto Parts and
• Accessories with Sign Writing Business
• Tel Skegness Office SKE070071


SITUATION    Proceed out our office, across the road, or the B1125 Spilsby to Wainfleet Road and up a few steps, turn right and No 5 is to be found on the left hand side before the junction with Boston Road.

GENERAL INFORMATION    The property is Freehold with vacant possession upon completion, (part subject to tenancy). Local Authority: East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs LN11 8UP (01507) 601111.

VIEWING ARRANGEMENTS    Viewing is strictly by arrangement with the Skegness Office, 16 Algitha Road, Skegness, Lincs PE25 2AG. Tel: (01754) 896100. Fax: 01754 760750. E-mail: Skegness@willsons-property.co.uk. View our properties on www.willsons-property.co.uk or www.rightmove.co.uk

ACCOMMODATION    The front of the properties is a wide open porch on the left is a Lock-up shop 5c, presently let as an opticians, Eye2Eye, for £150 pcm.

No 5C The Terrace, FRONTAGE 11'3"x17'4" in depth (3.43mx5.28m in depth). Into the good display square bay window, with raised plinth with a cupboard under, adjoining fitted work top, with electric meter under. Adjacent to this is a glazed front door which leads up to flats 5D, 5E and 5F. On the right of the shop is a glazed door which gives access to

5D SPRAY DISPLAY AREA 13'11"x6'2" (4.24mx1.88m). Shared partly with the graphic design workshop and has a range of 6 base units and 5 and a half wall cupboards above.

SIGN WRITING WORKSHOP 22'4"x14'9" (6.8mx4.5m). Max measured into the chimney recess with radiator and wall mounted Dimplex Convector Heater. Fitted desk to one side with 8 drawers and 2 cupboards, fitted double base units on the opposite wall and adjacent double desk with 4 drawers under fitted worktop. High level single glazed windows and a door which opens into the enclosed rear yard. At the rear of the sales counter is a

COMMUNAL FRONT ENTRANCE HALL    TO FLAT 5D, 5E AND 5F. With piping for a radiator which isn't yet fitted, and a return staircase with radiator, which gives access to the first floor landing and

FLAT No 5D    (Rear) which is presently let on an assured Tenancy at £360 per calendar month.

KITCHEN DINER 13'11"x9'11" (4.24mx3.02m). With L-Shape range of 6 base units and 4 matching wall cupboards, and having a recess for a slot in gas or electric cooker, single drainer stainless steel sink (H&C), gas Boulter buderus Combi Boiler, double glazed window, and radiator.

INNER HALL    With radiator.

BATHROOM 9'8"x6'2" (2.95mx1.88m). Complete with white suite of panelled bath, pedestal wash hand basin and WC. Radiator, built in airing cupboard, extractor fan. Further inner hall, with built in store cupboard, and having an archway to the

VAULTED LIVING ROOM 14'11"x17'3" (4.55mx5.26m). With 2 radiators and 2 UPVC Double Glazed windows, and having a BT telephone point and access hatch to the loft. Off the end of this room is the

BEDROOM 14'10"x10' (4.52mx3.05m). With 2 radiators and a high level double glazed window. On the same landing, at the front of the property is

FLAT No 5E    (Front) Let on assured Short hold Tenancy at £360 pcm.

INNER LANDING    With radiator.

LOUNGE 16'1"x14'1" (4.9mx4.3m). With soft wood single glazed casement window and radiator.

BEDROOM No 1 14'1"x11'1" (4.3mx3.38m). (Front) with single glazed casent window and radiator.

BATHROOM 7'4"x5'6" (2.24mx1.68m). With radiator, Peach colour wash hand basin and WC and white bath. Extractor fan.

INNER HALL    With radiator and wall mounted heating thermostat.

GALLEY STYLE KITCHEN 11'2"x5'7" (3.4mx1.7m). With double glazed window, fitted work surface, with single drainer asterite sink (H&C), recess point for an electric or gas cooker, plumbing for an automatic washing machine, recess for a fridge, radiator, gas central electric boiler, access to roof. Double glazed window and 2 wall fitted cupboards and matching base units. On the top floor is

FLAT No 5F    With Inner Hall with radiator, access hatch to loft

LOUNGE 16'3"x13'5" (4.95mx4.1m). With sloping ceiling and 2 sash windows overlooking High Street. Radiator, cast iron mock open fireplace.

BATHROOM 8'x6' (2.44mx1.83m). Complete with panelled bath, pedestal wash hand basin, and WC and having a corner shower cubicle with electric Triton T80 SL shower, Heat and light fitment, single glazed window and radiator

BEDROOM No 1 11'7"x7' (3.53mx2.13m). With sloping ceiling, measuring about 3' from floor and having radiator and single glazed window.

KITCHEN 11'7"x7' (3.53mx2.13m). With sloping ceiling, measuring about 3' from floor and having radiator and single glazed window.

BEDROOM No 2 14'11"x14' (4.55mx4.27m). With 2 UPVC double glazed window, radiator and access hatch to loft.

EXTERIOR    At the rear of the property, which has access via a footpath, down the side of this property and the adjoining bank to a hand gate which gives access to the rear yard which is part concreted and part paved. The owners of 5A which is attached of the rear of the property have a right away to go through this yard to their property. When fully let, the property has an income of £38,000 gross. The flats are let on 6 month assured short hold Tenancy agreements and the other two by verbal tenancy agreement.

...    Please that the property is situated within the conservation area and although is not specifically listed, the window on the front are all single glazed, the ones on the back which have been replaced are UPVC double glazed windows for easy maintenance.