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Retail Property (high street) for sale

High Street, Horncastle, Lincolnshire, LN9

Offers in Region of £275,000
4,887 sq. ft.

Property Description

Commercial information

  • 4,887 sq ft (454 sq m)
  • Use class orders: A1 Shops and B1 Business

Key features

  • Large Retail Unit and Office
  • Grade II Listed
  • Potential for residential conversion of upper floors - STP
  • Self-contained building to the rear
  • FOR SALE - OFFERS INVITED
  • TO LET - RENT ON APPLICATION

Full description

A substantial Grade II Listed mid terraced building laid out over ground, first and second floor levels. The property has been extended to the rear with both a single and two storey extension.

There is also a self-contained two storey office/workshop building to the rear, accessed via a passageway to one side of the property.

There is a shared passageway to the other side of the building from the High Street providing access to a side door leading to the upper floors.

EPC Rating: E109

The property occupies a prime location on the High Street, within the centre of Horncastle adjacent to Lloyds Bank and opposite a Co-op Convenience Store. Other nearby retailers include HSBC, NatWest, First Choice Travel and Coopland Bakers.

Horncastle is an affluent mid Lincolnshire Georgian town situated on the A158, approximately 21 miles east of Lincoln, 20 miles north of Boston and 23 miles west of Skegness. It has a population of circa 7,000 and also serves a wide rural catchment.

TOWN AND COUNTRY PLANNING
The current use of the ground floor is as a retail unit falling within Class A1 (Retail) of the Town & Country Use Classes Order 1987 (as amended).

The rear building has permission for B1 (Office) use and the upper floors also have B1 (Office) use.

In our view the upper floors would be suitable for conversion to residential subject to planning.

The property is Grade II listed and is located within a Conservation Area.

TENURE
The property is available freehold subject to vacant possession of the whole.

Alternatively, the owners would consider leasing the building as a whole or in part.

PRICE/RENT
Offers are invited in the region of 275,000 for the freehold interest, subject to vacant possession on completion - ALL OFFERS CONSIDERED.

Rents on application.

VAT may be charged in addition to the purchase price at the prevailing rate.

VIEWING
To view the premises and for any additional information please contact the sole agents.


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