This property is not currently available. It may be sold or temporarily removed from the market.
For Sale

Property Summary

An excellent opportunity to either purchase at an asking price of £160,000 or to lease at £8,500 per annum, a commercial unit with planning for A1 and A3 planning use class and benefitting from being a licenced premises. The property is situated on a busy high street in the centre of the town with all the equipment and furnishing included in the sale/rent. EPC C

Full Details

SHOP
With radiator, large shop window, understairs cupboard, counter and displays, coffee machines, bain marie for 3 pots, cutlery, hand basins, Edwardian style ice cream dispensary unit and refrigerated counter display.

REAR SEATING AREA
With staircase to the first floor, radiators, rear access door, uPVC double glazed windows.

FIRST FLOOR LANDING
With access to the roof space.

FRONT ROOM
With bow bay window, radiator, feature fireplace.

KITCHEN SEATING AREA
With stainless steel double sink below, gas fired combi central heating boiler, hand basin, fridge and freezers, shelving, electric hob and baking oven, dishwasher, electric induction hob (all under two years old).

OUTSIDE
There is a small rear yard and w/c and a gate leading out to the adjoining lane.

SERVICES
We understand that the property has mains water, electricity, gas and drainage. Gas central heating (not tested by John Taylors). There is also CCTV security, monitor and cameras.

RATEABLE VALUE
According to the Valuation Office Agency's website the property has the following assessments under the 2017 Valuation List:

Description: Shop and premises
Rateable Value: £5,600

VAT
All prices quoted are exclusive of VAT. Please note that the owner may elect to charge VAT at the going rate in addition to the purchase price or rent.

EPC
EPC Rating TBC

LEASE TERMS
Flexible terms will be considered at a rent of £8,500 per annum exclusive of services and rates.

The property is available to purchase at an asking price of £180,000 or is to rent on a new Lease for a minimum term of 3 years on a full repairing and insuring lease.

VAT
Please note that the owner may charge VAT at the going rate in addition to the purchase price or rent.

NOTE
Prospective tenants are advised to discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Eastgate, Louth, Lincolnshire

£160,000
  • Ref: 6509
  • Type: Hospitality, With Dwelling
  • Availability: For Sale
  • Make Enquiry