Three-Storey Freehold Property, 8 Queen Street, Market Rasen, Lincolnshire, LN8

Location
The property occupies an enviable town centre location, adjacent to the Market Square. Market Rasen Town Centre is a bustling Market Town renowned for its Racecourse and is located approximately 13 miles north-east of Lincoln and is located at the foot of the Lincolnshire Wolds, having a population of some 4,000 residents, but also serving a number of outlying rural villages. Therefore, offering an excellent range of local amenities.

Description
Freehold Three-Storey Town Centre Property For Sale - This centrally located Freehold property occupies an excellent town centre location and currently comprises a café at ground floor level, together with offices/stores at first and second floor level, which are previously understood to have comprised a residential dwelling. The property is considered suitable for a variety of uses and viewing is highly recommended. The ground floor retail space extends to 43 sq.m (460 sq.ft) and the first and second floor area combined extends to a further 63 sq.m (670 sq.ft). The property is generally well-presented and additional accommodation immediately to the rear comprising offices/training rooms are also available if required. Further details on request.

Accommodation
At ground floor level, the accommodation is open-plan, currently being used as a coffee shop/café, having a fully equipped kitchen and WC facility to the rear, extending, in total, to 43 sq.m (460 sq.ft). The upper floor accommodation is accessible via an external door to the rear, as well as being interconnecting with the ground floor accommodation and is understood to have previously comprised a residential apartment, although has now been converted to office and storage accommodation, with two offices, a kitchen and WC facility at first floor level and two further offices and a store room at second floor level.

Services
Mains drainage, gas, electricity and water are connected.

EPC Rating - F

Tenure
The property is understood to be held on a Freehold basis and being sold with the benefit of Vacant Possession.
Rates Rateable Value - £7,300

Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.

It may be possible to obtain Small Business Rates Relief, depending on individual circumstances

VAT
VAT is not chargeable in addition to the purchase price.

Viewing
By prior appointment through Mundys Commercial.