14A Market Place, Alford, Lincolnshire, LN13
Size
1,022
Tenure
Leasehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Rental Income: £7,000 p.a.
- Gross Initial Yield: 7.00%
- Comprises ground floor shop
- Let until 2029. No breaks
Description
Gross Initial Yield: 7.00%
Rental Income: £7,000 p.a.
Let until 2029. No breaks
VAT is applicable to this property
Comprises large ground floor retail shop
Occupiers close by include Post Office and Co-op Food, amongst others
Property Description:
Comprises large ground floor retail premises, providing the following accommodation and dimensions:
Ground Floor Shop: 95 sq m (1,022 sq ft)
Open plan retail, store, office, wc
Tenancy:
The property is at present let to CCS-Clifford Contract Services Ltd for a term of 5 years from 30th April 2024 at a current rent of £7,000 p.a. and the lease contains internal repairing and insuring covenants.
Tenure:
Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
Location:
Alford is a market town in the East Lindsey district of Lincolnshire, situated on the edge of the Lincolnshire Wolds between Mablethorpe, Louth, Spilsby and Skegness and acts as a local retail centre. The town lies on the A1104 some 7 miles south of Mablethorpe and 30 miles east of Lincoln, and benefits from easy access to the A16 and the A158. The property is situated in the heart of town on the west side of Market Place, close to its junction with West Street (A110), opposite public car parking. Occupiers close by include The Post Office, and Co-op Food Store, amongst many other local businesses.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Floors in building
- 1
- Tenure
- Leasehold
- Length of lease
- 999 years left
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 BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
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Disclaimer - Property reference alfordVF. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.