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Retail Property (high street) to rent

Queen Street, Louth, Lincolnshire, LN11

Let Agreed £5,500 pa
351 sq. ft.

Property Description

Commercial information

  • 351 sq ft (32 sq m)

Key features

  • Town Centre Retail Unit
  • Busy Shopping Location
  • Car Parking Close By
  • New Lease Terms
  • Suitable For Various Uses, Subject To Appropriate Consents

Full description

This traditional retail lock-up shop is located on the south side of Queen Street, just off Market Place, in this desirable and most attractive Georgian Market town. Louth has a resident population of approximately 16,000 with a much wider catchment area (2001 Census).

The property has been utilised for the purpose of a jewellers for many years and has recently been vacated due to the current tenant relocating to larger premises close by. The premises would lend it to other uses, subject to the appropriate consents.

The retail unit is well appointed and offers versatile accommodation which would suit a variety of alternative retail users, subject to any necessary statutory consents being obtained.

Retail Shop 344 sq ft (32 sq m)

107 sq ft (10 sq m)

The retail unit is available To Let on a new FRI lease for a term to be agreed.

The unit is available To Let at an asking 5,500 per annum exclusive of outgoings, plus buildings insurance premium.
Legal Costs
The ingoing tenant will be responsible for all landlords reasonable legal costs or and stamp duty and land tax that may apply.

We are verbally advised by East Lyndsey District Council that the Rateable Value is 4,250 under the 2010 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/Further Information
Strictly through sole agents, Lovelle Bacons LLP.
Lovelle Bacons
Tel: 01472 353436

More information from this agent

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