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Mercer Row, Louth

£295,000

£99.76 per sq ft

Business rates & charges may apply

TES Property (Lincolnshire), Commercial
SIZE AVAILABLE

2,957 sq ft

275 sq m

SECTOR

High street retail property for sale

Key features

  • 3 Storey Retail Premises
  • Prime Town Centre location
  • Approx. 274.8 sq.m / 2957 sq.ft NIA
  • Potential development opportunity at 1st & 2nd floor levels
  • EPC Rating - D

Description

Retail premises arranged over three floors in an excellent high footfall town centre location available.

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.

Located in a central position within town, the property benefits from a prime location with neighbours including well-established national retailers, including Boyes, Lloyds Bank, Boots, and Cafe Nero.

Description - The property comprises mid-terraced retail premises arranged over three floors. The first and second floor levels have previously been used as office and storage space, however, there is potential for conversion, subject to relevant planning permissions.

Accommodation -

Ground Floor -

Sales Area & Offices - 115.5 sq.m / 1,243 sq.ft.

First Floor -

Office/Consultation Rooms - 85.6 sq.m / 921 sq.ft

Kitchen - 7.1 sq.m / 76 sq.ft

Wcs -

Second Floor -

Stores & Staff Room - 66.6 sq.m / 717 sq.ft

Wc -

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

Rateable Value - Enquiry of the VOA website indicates:-
Description - Shop & premises
Rateable Value - £20,250
Rating Authority - East Lindsey District Council.

Agent's Note - The vendor would also consider a lease on the property, subject to negotiation.

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

Energy Performance Certificates

Screenshot_26-11-2024_161642_find-energy-certifica

Brochures

Mercer Row, Louth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cleethorpes Station13.6 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 33704098. 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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