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Eastgate, Louth

£155,000

Business rates & charges may apply

TES Property (Lincolnshire), Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • Town centre shop with 65.13sq.m/701sq.ft at ground floor level
  • Excellent pedestrian through flow
  • First floor storage space of 25.39sq.m/273.29sq.ft
  • Office space of 12.67sq.m/136.37sq.ft to 2nd floor
  • Achieving approx. £9,000 per annum exclusive
  • Grade II Listed Building
  • EPC - D

Description

Investment property for sale in prime town centre location currently let to shop.

Location - Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-operative, Morrison’s and Aldi.

Accommodation -

Ground Floor -

Retail Shop Unit - 2.86m internal frontage x 22.7m overall depth with recessed entrance doorway, staircase to first and second Floor.

Cloakroom - 1.16m x 2.03m (3'9" x 6'7") -

Toilet - 1.07m x 1.24m (3'6" x 4'0" ) - With WC.

Staff Room - 2.31m x 4.56m (7'6" x 14'11") - With sink and drainer, gas central heating boiler.

First Floor - Landing stretching 12.62m x 2.5m max

Store Room - 2.24m x 11.34m (7'4" x 37'2") -

Office - 3.43m x 4.36m (11'3" x 14'3") -

Second Floor -

Office - 3.59m x 3.537m (11'9" x 11'7") -

Toilet - 2.2m x 2.3m (7'2" x 7'6") - With WC and basin.

Tenancy - We understand the property is currently let on a lease with a rent of £750 per calendar month.

Services - Mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants should make their own enquiries.

Rateable Value - Enquiry of the VOA website indicates:-
Description - Shop and premises
Rateable Value - £9,300
Rating Authority - East Lindsey District Council.

Legal Costs - Each party will be responsible for their own legal fees in relation to the sale.

Vat - Please note, all prices quoted may be subject to VAT unless stated otherwise.

Viewing - Strictly by appointment with the sole agents, TES Property.

Brochures

Eastgate, Louth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cleethorpes Station13.5 miles

About TES Property (Lincolnshire), Commercial

6-8, Cornmarket, Louth, Lincolnshire, LN11 9PY

TES Property has been established since 2022 and our family run agency provides both Residential and Commercial property services. Located in the heart of Louth and with industry links dating back over 40 years, our staff have a wealth of knowledge and experience and pride ourselves on a personal service for you and your property. Whether you are looking to buy or sell property, feel free to call or visit to discuss your needs.

Notes

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Disclaimer - Property reference 33037020. 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 TES Property (Lincolnshire), 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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