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Retail Property (high street) to rent

Upgate, Louth, Lincolnshire, LN11

£8,000 pa
755 sq. ft.

Property Description

Commercial information

  • 755 sq ft (70 sq m)

Key features

  • Prominent Town Centre Retail/office Space
  • Busy Thoroughfare
  • Newly Refurbished
  • Negotiable Terms
  • New Lease

Full description

The property is situated on the busy, mixed use thoroughfare of Upgate, close to the junctions of Mercer Row, Gospelgate and kidgate Louth - within close proximity to the historic Cornmarket which hosts the famous Louth market three times per week.

This charming market town 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 accommodation offers excellent footfall and high volumes of traffic throughout the day and is popular with both office and retail occupiers.

Close by businesses include Lloyds Bank, Wilkin & Chapman Solicitors, Halifax Bank, Boots the Chemist, Greggs, Carphone Warehouse, Spec Savers Opticians, Cash Convertors, Automate as well as various other local traders, eateries, family dining and wine bar establishments.

The accommodation comprises ground floor, newly refurbished retail/office accommodation fronting Upgate Louth. Recently utilised for estate agency purpose, would suit various other uses, subject to the appropriate planning consents.

The approximate accommodation consists of:
Ground Floor
Sales Area 389 sq ft (36.1 sq m)
Office One 193 sq ft (17.9 sq m)
Office Two 150 sq ft (13.9 sq m)
Lobby 23 sq ft (2.1 sq m)
WC (disabled compliant)

The premises are available To Let on new lease terms with an asking rent of 8,000 per annum.

Available on a new agreement - terms by negotiation.

Legal Costs
The tenant is to be responsible for the Landlord's reasonable legal fees.

Rateable Value
We are verbally advised by East Lindsey Council that the Rateable Value is 5,704 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.

Strictly through sole agents, Lovelle Bacons LLP.

Lovelle Bacons
Contact: Lucy Croft
Tel: 01472 353436 Ext 302
Mbl: 07423 437186

To be confirmed

More information from this agent

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