6 Cornhill, Caistor, Market Rasen, Lincolnshire, LN7 6UB
£212.42 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
306 sq ft
28 sq m
- SECTOR
High street retail property for sale
Key features
- Town centre location
- Recently refurbished coffee shop
- Share of Freehold of larger property
- Current rental income of £4,800 per annum
- Net Initial Yield of 7.25%
Description
Town centre location
Bullets Points 2
Recently refurbished coffee shop
Bullets Points 3
Share of Freehold of larger property
Current rental income of £4,800 per annum
INVESTMENT OPPORTUNITY / RETAIL PREMISES FOR SALE
6 CORNHILL, CAISTOR, MARKET RASEN LN7 6UB
GUIDE PRICE £65,000
A recently refurbished coffee shop with access off South Street, currently producing a rental income of £4,800 per annum. Internally, the property is well-presented and comprises of a seating area with views over the Market Place, fitted kitchen and WC. Externally, there are benches providing additional seating for customers.
Caistor is a market town in Lincolnshire located approximately 10 miles north of Market Rasen and approximately 12 miles south-west of Grimsby. The town has a population of about 2,800 and the main retail area is around Market Place. It has 2 secondary schools including the popular Caistor Grammar School.
The property is located just off South Street which is adjacent to the Market Place which has a range of businesses, including gift shops, eateries, post office and boots as well as car parking.
TOWN AND COUNTRY PLANNING
The Retail Unit has been used for many years as a Coffee Shop, and as such has an established use now falling under Use Class E.
For further information in respect of planning-related matters, prospective purchasers should contact West Lindsey District Council on .
EPC
The property has an EPC rating of C65
Net Initial Yield of 7.25%
Brochures
6 Cornhill, Caistor, Market Rasen, Lincolnshire, LN7 6UB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barnetby Station6.7 miles
Notes
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