Market Place, Spalding, Lincolnshire, PE11 1SL
Size
1,515
Lease length
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EPC
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Parking
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- Price per
- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Large Prime Retail Unit Available Immediately With No Ingoing Premium
- Attractive Ground Floor Retail Unit in Grade II Property
- Basement Sales and Rear Accommodation
- 1,515sqft, 140.9sqm Gross Sales Area
- Allocated Staff Parking
- To Let Leasehold on Full Repairing and Insuring Terms
Description
The property is located on the Market Place, the prime retail zone of Spalding, Lincolnshire, an affluent market town with a population of approximately 30,000 residents, 110 miles to the north of London, 25 miles to the north-east of Peterborough and 17 miles to the south-west of Boston.
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The town has rail connections to Peterborough and is on the A16 trunk road with a strong local economy connected to local horticultural and agricultural businesses.
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The Market Place is in the centre of the town, the property being located on the western side with neighbours including Nationwide, HSBC, Lloyds, Vison Express, Vodafone, Santander, Boots, Superdrug, New Look and other prime retailers.
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Accommodation...
An arcade entrance leads to the main sales area with a net internal window frontage of 7.2m.
Main Sales Area...............................7.2m x 8.2m, 59sqm
With 2 window display areas.
Rear Sales Area...............................................8m x 7.2m
Changing Room with oak panels
Stairs lead to the Basement Sales Area...5.3m x 3.3m, 17.8sqm
Changing Rooms
Store............................................................................8sqm
A doorway leads to the rear ancillary area having
WC
Break Out Area
Kitchen.................................................3m x 1.8m, 5.7sqm
Access to the second cellar storage area
Store Room.............................................4m x 3m, 12sqm
Rear door leading to communal parking area with 2 allocated spaces.
Tenure...
The property is available by way of a new minimum 5-year Full Repairing and Insuring lease on standard commercial terms.
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With regards to the lease, a deposit will be held by the landlord of a quarter of a year's rent paid upfront. The lease will be subject to VAT.
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The tenant will be responsible for the landlord's reasonable legal fees up to a maximum of £1,500 plus VAT.Â
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The tenant will be required to pay an annual insurance rent to cover their apportionment of landlord buildings insurance.
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Outgoings...
The tenant will be responsible for all utilities at the property including Business Rates.
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The property has a Rateable Value of £27,500. Full details of which can be found on the VOA Website.
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Viewing...
All viewings are to be made by appointment through the agent.
Poyntons Consultancy.
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- Let contract length
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- Status
- Available
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- Business rates
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- Use class
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
About Poyntons Consultancy Ltd, Lincolnshire Office
Poyntons Consultancy offers advice on disposals, property acquisitions and property development across the following sectors: Retail, Industrial, Office & Business Parks, Hotels & Leisure and Residential.
As a property consultants agency we deliver exceptional results to a large and varied client base consisting of developers, investors, landlords and tenants.
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Disclaimer - Property reference 12MarketPlaceSpalding. 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 Poyntons Consultancy Ltd, Lincolnshire Office. 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.