Shop for sale

Unit 3 High Street, Mablethorpe, Lincolnshire, LN12

Sold STC 1 sq. ft. | POA

Property Description

Full description

LOCATION
Mablethorpe is a town with a population of 10,000, 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 and secondary schools 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.
Unit 3 forms part of the Louth Hotel and is situated in a prime position with all year round trading opportunity, close to the traffic light junction between the High Street and Victoria Road (A52) within the town centre.
ACCOMMODATION
SHOP
7.87m frontage x 9.05m depth plus:
STORE
3.88m x 3.44m (average measurements)
KITCHEN
2.20m x 3.15m with WC.
The shop currently trades principally in bags and fancy goods to include watches and seaside requisites. The business has been trading for 20 years and the present tenant has been trading for 9 years and accounts are available only to parties who have viewed the property and with our client's consent.
THE LEASE
Our client is currently holding over on the lease, however, the landlord has made it clear that a new 7 year lease is available to suitable parties. The current rent is 680 pcm, which is 8,160 p.a.
The landlord insures the building and recovers the cost of the same from the tenant.
RATEABLE VALUE
Enquiry of the Valuation Office Agency web site indicates the property to have a rateable value of 8,100.
LEGAL COSTS
The ingoing tenant is to be responsible for our client's and the landlord's reasonable legal fees incurred in connection with the new letting.
AGENT'S NOTE
This offers and ideal opportunity for an individual to take over a small and profitable business.
VIEWING
Strictly by appointment with the Agent's office in Mablethorpe on 01507 473476.
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 (14.1 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 640018 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.

Map & Street View

Nearest station

  • Skegness (14.1 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 640018 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.

Disclaimer - Property reference C00000828. 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. 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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