Location & Description:
Holbeach is a historic market town in the South Holland district of Lincolnshire, situated 8 miles east of Spalding and 20 miles west of Kings Lynn.

The subject premises occupy a prominent position on the High Street which comprises a mix of local independents and national occupiers including Boots and Specsavers in close proximity.

The first floor comprises 3 self contained, 1 bedroomed flats, all let on assured shorthold tenancies.

Demise:
Ground Floor: 1,397 sq ft (129.8 sq m)
First Floor: 3No 1 bed flats (unmeasured)

Price:
For the benefit of the freehold interest, offers are invited in excess of £300,000.

Tenure:
The freehold of the premises is available with the benefit of 3No Assured Shorthold Tenancies in place at first floor. The flats currently generate the following income:

Flat 1 £6,600 pax
Flat 2 £4,800 pax
Flat 3 £5,100 pax
Total £16,500 pax

EPC:
Energy Performance Certificate - B.
First floor flats available upon request.

Legal and Professional Fees:
Each party to bear their own costs.

Rating Assessment:
Rateable Value (April 2023) - £21,750
(ground floor only).

MONEY LAUNDERING REGULATIONS In accordance with the Anti Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.