11 North Street, Crowland, Peterborough, PE6 0EP

Ground floor retail unit comprising a main retail area with a W.C and kitchenette to the rear. The property is let to Chemical Box Limited and benefits from a prominent shop frontage, carpeted floors, suspended ceiling with recessed lighting and street parking to front.

Location - This property is situated along North Street in the town centre of Crowland. Crowland is a growing town that dates back to the 7th Century and benefits from a recently completed bypass. Crowland is located approximately 10 miles north east of Peterborough, 8 miles east of Market Deeping, 10 miles south of Spalding and benefits from good transport links with the A47 and A16 close by.

Description - This ground floor retail unit comprises a main retail area with a W.C and kitchenette to the rear. The property benefits from a prominent shop frontage, carpeted floors, suspended ceiling with recessed lighting and street parking to front.

Tenancy Information - There is currently a full repairing and insuring lease in place that expires on the 31st August 2026 at a passing rent of £8,000 Plus VAT per annum. There is a rent increase to £8,400 Plus VAT per annum from the 1st September 2026 to the 30th November 2027.

Accommodation - We have been informed that the net internal floor area is as followed;

NIA- 43.24 Sq m (465 Sq ft)

Services - We understand that mains electric, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective purchasers must rely on their own investigations as to their existence and condition.

Business Rates - From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £7,200

This property is eligible for small business rates relief. However interested parties should make their own enquiries as to the amount of rates payable.

Terms - The property is FOR SALE on a long leasehold of 999 years subject to the current tenancy in place at an asking price of £85,000 plus VAT. The freehold may be available, please enquire for more information.

Epc - Energy rating: C

Vat - We understand that VAT will be charged on the asking price.

Legal Costs - Each party to pay their own legal costs incurred.

Viewing - For an appointment to view or further information please contact;

Charlie Burrows
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