7 Bridge Street, Spalding, Lincolnshire, PE11 1XA
- PROPERTY TYPE
Retail Property (high street)
- SIZE
2,427 sq ft
226 sq m
Key features
- RETAIL / INVESTMENT
- GUIDE PRICE: £170,000 - £180,000 PLUS VAT
Description
Location:
The property is located in a conservation area in the town centre near to the junction of London Road, Double Street, High Street and Church Street. Nearby occupiers include Halifax, Boots, Vision Express, Ladbrokes and Santander.
Description:
A Grade II Listed retail property of approximately 2,427 sqft over 3 storeys and further storage in the basement. The property is currently operating as a barbers shop with ancillary space on the upper floors.
Accommodation:
Basement:
2 rooms.
Ground Floor:
Salon and sales area, office, staff room/kitchen with WC off.
GIA: 1,000 sqft (93 sqm)
First Floor:
2 rooms, kitchen, bathroom, store.
GIA: 715 sqft (66.5 sqm)
Second Floor:
3 rooms.
GIA: 712 sqft (66.0 sqm)
Planning
Local Authority: South Holland District Council .
Note
The Auctioneers have not inspected the property.
The adjoining property at the rear has a small area of flying freehold over the rear ground floor.
VAT is payable on the rent and purchase price.
Can be purchased as a TOGC.
Tenure
Freehold, subject to existing lease.
The property is let on a 5 year FRI lease from 01.09.2023 with 2 year rent review and break option at a rental of £18,000 pax plus VAT.
Energy Performance Certificate:
Rating 71, Band C.
Outside:
Rear courtyard.
Solicitors
Edward Hands & Lewis, 19 North Road, The Office Village, Loughborough, Leicestershire LE11 1QJ
Tel: ~ Ref: N Ahmed
Brochures
Legal Documents7 Bridge Street, Spalding, Lincolnshire, PE11 1XA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Spalding Station0.3 miles
Notes
Disclaimer - Property reference 248149. 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 Kal Sangra Shonki Brothers, Leicester - Auctions. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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