Situated in a prime position close to the town centre, this ground floor lock-up office/retail property has been recently renovated to a high standard and is available for sale on a new 125-year lease or to let on a new lease.
Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-operative, Morrisons and Aldi.
The property is a ground floor lock-up office/retail unit with an excellent frontage, situated in a prime position close to the town centre and all amenities.
With excellent frontage to Mercer Row, 2 modern electric radiators, a full alarm system, wood effect flooring, and LED lighting throughout.
With double base unit and worktop.
Some mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants should make their own enquiries.
The property is available for sale via leasehold on a new 125 year lease. Alternatively, the property is available to let on a new lease for a minimum term of 3 years, on terms to be agreed.
To be reassessed by the VOA.
Rating Authority – East Lindsey District Council.
Please note, all prices quoted may be subject to VAT unless stated otherwise.
Each party will be responsible for their own legal fees in relation to the sale.
Strictly by appointment with the sole agents, TES Property.