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6 & 6a Sheep Market, Spalding, Lincolnshire PE11 1BH

Guide Price
£100,000

Business rates & charges may apply

Auction House East Anglia, Norwich
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Key features

  • Prominent Town Centre Location
  • Established Commercial Tenant in Situ
  • Current Rent £12,250 Per Annum
  • Current rateable value (1 April 2026 to present) £9,500
  • Guide Price: £100,000 - £120,000
  • For sale by livestream auction
  • Wednesday 21st October 2026
  • Unless sold or withdrawn prior

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 21ST OCTOBER 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Commercial Investment – Prominent Town Centre Position

A prominent ground floor retail unit with first floor ancillary accommodation, currently occupied and trading as an optician, together with an optician’s workshop to the rear.

The property is situated on Sheep Market, close to the pedestrian route leading to Holland Market and near The Sessions House events venue. A number of established retailers are located nearby.

The property is offered subject to an existing commercial lease, providing an opportunity for investors seeking an income-producing town centre asset. The current rent is £12,250 per annum.

Ground Floor Shop space, treatment room, access to rear workshop
First Floor Multiple office rooms & WC
Business Rates According to the Valuation Office website the premises have a current rateable value of £9,500 with effect from 1 April 2026.

Tenure: Freehold

Lease Details: 15 years from 1st September 2022

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

6 & 6a Sheep Market, Spalding, Lincolnshire PE11 1BH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Spalding Station0.2 miles

About Auction House East Anglia, Norwich

The Barn, Newmarket Road, Cringleford, Norwich, NR4 6UE

Notes

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Disclaimer - Property reference 202609011658sq_nzan. 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 Auction House East Anglia, Norwich. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House East Anglia, Norwich on 01603 361707.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”