Ground Floor 14 Market Place, Spalding

LOCATION
The property occupies a prime retail location in Spalding, adjacent Costa Coffee. Other multiple retailers in the immediate vicinity are Greggs, T J Jones (formerly W H Smith), Specsavers, Boots and Lloyds Bank.

DESCRIPTION
The property has recently been occupied by The Shoppe and used for retail purposes with ancillary staff and storage areas further to the rear of the building.

Front Sales Area: 15.28m x 5.85m narrowing to 2.30m to the rear
Wood effect walling, tiled floor, air conditioning/heating unit. LED panel lighting. Shop counter to rear of
shop, with 2 adjacent Changing Rooms.

Door to:
Office / Store Area / Kitchen: 2.72m x 2.0m.
Fitted with kitchen units and stainless steel sink, and wall cupboards. CCTV system controls. Floor safe.
WC Disabled Low level WC, wash hand basin

ACCOMMODATION
Shop Width Approx 20´ft (6.12 m) max
Shop depth Approx 50ft (15.28 m) max

NIA
Shop 563 sq. ft.
Rear Kitchen/amenity/Storage: 54 sq. ft .

The property is in the Spalding Conservation Area and is Grade II Listed.

SERVICES
Mains water, electricity and drainage.

TERMS
LEASE TERMS

1 Rent: £20,000 per annum.


2 Term:
The property is available to let by way of a new 5 year lease, contracted out of the Landlord and Tenant Act 1954 Part II security provisions. Rent is payable quarterly in advance.


3 Use:
The proposed use for the property will be subject to the Landlord´s consent.


4 Repairs:
The tenant will be responsible for maintaining the interior of the property.

5 Insurance:
The proportion of the buildings insurance will be payable by the tenant by way of a re-charge to the Landlord. Public Liability Insurance and Plate Glass Window Insurance will be the responsibility of the tenant.


6 Security Deposit/References:
The Landlord will require the Bank, Accountancy and Trade references and will be required to pay a security
deposit in advance, the equivalent of a quarter´s rent, at lease commencement.


NOTES

An area of the rear building could be available, by separate negotiation.

A right of access in an emergency is reserved to the cellar under the shop.

OUTGOINGS
Rateable Value £24,250 (2023 List) The tenant will be responsible for the payment of the Business Rates and Spalding BID Levy due, and for all normal outgoings.

LEGAL COSTS
The tenant will be responsible for 50% of the Landlord's legal costs and their own legal costs.

OTHER
South Holland District Council
Priory Road
Spalding
PE11 2XE
CALL

Anglian Water Customer Services
PO Box 10642, Harlow, Essex, CM20 9HA
CALL

Lincolnshire County Council
County Offices, Newland, Lincoln, LN1 1YL
CALL

VIEWING
By appointment only with R Longstaff & Co LLP Tel:
Email: