Retail Property (high street) for sale

Mercer Row, Louth, Lincolnshire, LN11

Offers in Region of 1,217 sq. ft. | £285,000

Property Description

Commercial information

  • 1,217 sq ft (113 sq m)

Key features

  • Traditional Independant Award Winning Butchers & Bakery With Business Interest
  • Excellent Business Opportunity
  • Located Within The Busy Market Town Of Louth Lincolnshire
  • Fitted To High Standard Including Equipment, F&F, Goodwill & Sav
  • Set Out Over Three Floors
  • Popular With Local Residents And Customers Afar
  • Supplying Local Eateries and Hotels
  • Offering Locally Farmed Produce & Freshley Baked Pastries, Pies & Bread (Baked on Site)
  • Available For Sale at 285,000 or To Let at 12.500 p.a With Separate Negotiations For The Business Interest
  • Accounts And Inventory Available To Interested Parties (Contact Lovelle Bacons Commercial)

Full description

Tenure: Freehold

The property is situated on the busy shopping location of Mercer Row, within close proximity to the historic Cornmarket which hosts the famous Louth market up to three times a week, offering locally farmed produce as well as freshly baked on site, pastries, renowned pies and bread etc.

The market town of Louth is historically and commonly referred to as the capital of the Lincolnshire Wolds with an approximate residential population of 16,000. The position of the premises offers excellent foot fall with high volumes of traffic throughout the day.

Close by occupiers include Boots the Chemist, Spec Savers Opticians, Lloyds Bank, Carphone Warehouse, Greggs, Holland & Barratt as well various other high street & local traders, eateries and wine bar establishments.

Fairburn Butchers & Bakery is a traditional, independent, family run establishment which boasts numerous awards throughout the county of Lincolnshire and is well renowned with both locals and customers from afar, including supplying various local eateries and hotels, offering an excellent business opportunity whilst the current proprietor seeks retirement.

The accommodation is fitted to a high standard throughout the shop, preparation area and bakery (to the upper floor), the well maintained equipment forms part of the business transaction and includes two multi decks, vac packers, display cabinets, Berkel cooked meats slicer, tray sealer, bacon fridge, block and computer, to the bakery, two Blueseal Turbofan ovens & gas range, various fridges, bakers table, Champion Pie Machine, John Hunt Pastry Roller along with Mado Mincer, Manca sausage filler to the prep room, numerous other equipment, including a Nissan NV200 van, goodwill and SAV, a full inventory and trading accounts are available upon request to interested parties.

The property along with the business interest, fixtures, fittings, goodwill & SAV are available For Sale with an asking price of offers in the region of 285,000, all reasonable offers will be consideration, alternatively the accommodation is available To Let for a term of years to be agreed with an asking rent of 12,500 per annum with the business interest etc by way of separate negotiation.

Accommodation

Ground Floor:
Sales Area 38.02 sq m (500 sq ft)
Prep Room/Cold Store 13 sq m (140 sq ft)
Shared Rear Yard

First Floor:
Bakery 27.5 sq m (296 sq ft)

Second Floor:
Office 26.1 sq m (281 sq ft)
WC

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction together with any stamp duty and land tax that may apply.

EPC
A full copy of the EPC is available for inspection upon request.

Rateable Value
We are verbally advised by East Lindsey Council that the Rateable Value is 14,000 under the current assessment. Interested parties are advised to confirm this with the Local Authority. Rateable Values can change and the rates payable can vary due to changes in transitional relief.

Viewing
Strictly through sole agents, Lovelle Bacons LLP.

Lovelle Bacons
Tel: 01472 353436
E-mail: commercial@lovellebacons.co.uk
Website: www.trevorfairburn.co.uk



Energy Performance Certificates (EPCs)

Nearest station

  • Cleethorpes (13.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovelle Estate Agency, Grimsby -Commercial Sales

Hampton House Church Lane Grimsby DN31 1JR

01472 565036 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

  • Cleethorpes (13.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovelle Estate Agency, Grimsby -Commercial Sales

Hampton House Church Lane Grimsby DN31 1JR

01472 565036 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 2931Mer. 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 Lovelle Estate Agency, Grimsby -Commercial Sales. 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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