Spar, 15 Market Place, Louth, Lincolnshire, LN11 9PB
- SIZE
Ask agent
- SECTOR
Convenience store for sale
Key features
- Great location with excellent footfall
- In-house bakery
- Weekly turnover of approximately c. £18,400
- Close to a number of amenities
- Located on a busy high street
- Excellent sized plot with good frontage, EPC Rating D
- Christie & Co Ref: 5710882
Description
The Spar is well located in a market town in Lincolnshire. The store is approximately 15 miles from Mablethorpe and 28 miles to Lincoln respectively. As a result, the area has good public transport and a great road network with easy access to the A16. The closest rail service is Market Rasen Station, which provides good links to all the major cities across the UK. Louth offers a wide variety of amenities ranging from shops, restaurants, cafes, medical institutions a secondary and primary school.
Internal DetailsInternally the retail trading area extends to approximately 1,808 sq.ft. The trading area has several central gondola units with a number of dedicated chillers and freezers around the perimeter of the shops trading area. The payment kiosk is located to the right-hand side of the entrance which showcase a range of alcoholic spirits and cigarettes. To the rear of the trading area, you will find the ancillary areas which include: 4 storerooms, a bakery and 3 fridges. The stairs to the first floor are located in the hallway and lead to a staffroom and 3 W.C’s.
Fixtures & FittingsAll fixtures and fittings will be listed before an exchange of contract in a detailed inventory.
External DetailsExternally, the property benefits from on-road parking.
The OpportunityThe Spar offers an excellent opportunity for an experienced operator to acquire a business with scope to increase the turnover. The store will suit a multi operator who is looking to build on the excellent foundation of the current operator.
StaffA staff schedule can be provided upon request.
Trading InformationWe are in receipt of till data for the past 52 weeks which shows an average turnover of £18,400. These can be provided upon request.
Trading HoursThe store currently opens 7am – 9pm Monday to Wednesday, 7am – 10pm Thursday, 7am – 11pm Friday to Saturday & 8am – 9pm Sunday.
TenureThe property is available for leasehold. The current rent payable is £41,000 per annum and there is approximately 13 years left on the existing lease.
Business RatesThe current rateable value is £41,250 as of the 1st of April 2023.
Energy Performance Certificates
EPC 1Brochures
Spar, 15 Market Place, Louth, Lincolnshire, LN11 9PB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cleethorpes Station13.6 miles
Notes
Disclaimer - Property reference 5710882-lh. 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 Christie & Co, Retail. 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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