Period property in the centre of Louth Suitable for a variety of uses including retail/offices Approx. 129m2/1394ft2 (Net Useable Floor Area) Over four floors Spacious ground floor reception general office and 5 rooms on the upper floors New lease available EPC rating – C
Tenure: Unknown
Location -
The subject property is located in the heart of Louth, a bustling market town, with a population of approximately 15,000 and a wide cross-section of retail, commercial and industrial occupiers, in addition to regular markets, including a cattle market and a wide cross-section of agricultural businesses serving the immediate county. Occupiers close by include a number of banks, estate agents, solicitors, Halifax, HSBC with on-street parking in the Cornmarket and further parking in the immediate vicinity.
Accommodation -
This period property has the benefit of a traditional glazed shop front with entrances to both the ground floor and a separate access to the upper floors and the property has been used for estate agency for a number of years.
The accommodation is as follows:-
Retail/office -
approx. 49m2/527ft2 (gross) with additional windows to the side elevations, suspended ceiling, air conditioning and a partitioned office at the rear of approx. 8.7m2/93ft2 plus a large cupboard off.
First Floor -
There is a staircase off the general reception on the ground floor leading to the first floor landing and further offices as follows:-
Office 1 -
approx. 18.55m2/200ft2, to frontage with wide bay window.
Office 2 -
approx. 20.67m2/222ft2, currently partitioned to form an inner hallway and two offices off approx.:
Office 2 approx 9.10m2/98ft2.
Office 3 approx 8m2/86ft2.
Office 4 -
approx. 18.5m2/200ft2, to frontage with wide bay windows.
Rear Hallway To:- -
Kitchenette approx. 4.2m2/45ft2.
Toilets with inner lobby and separate cubicles off.
Office 5 -
approx. 18.55m2/200ft2, to frontage with wide bay window.
Services -
We understand that all mains services are connected or available, including a gas fired central heating system, a fire alarm system and air conditioning to the ground floor sales area.
None of the services have been checked or tested.
Rateable Value -
From enquiries from the Valuation Office Agency website we understand the property is currently assessed, in accordance with the 2017 assessment as follows:-
Description: Shop and Premises
RV: £12,500
Interested parties should make their own enquiries of the Rating Authority on 01507 601111.
General Remarks -
The premises are found in the heart of the business centre of this highly regarded market town, close to all facilities and amenities with on-street parking outside and close by. The premises are highly visual and would lend themselves to a variety of uses but have been used, for many years, as office accommodation and offer some flexibility on the upper floors.
The premises are available on a new lease term by negotiation on full repairing and insuring terms, the ingoing party will be required to make a contribution towards the landlord’s legal costs.
Rental -
£14,500 per annum, exclusive of outgoings.
Vat -
Please note that the rent is quoted net of VAT.
Viewing -
Highly recommended, strictly by appointment with the agent’s Louth office on 01507 602264.
Free, no-obligation valuation for all properties or land in Lincolnshire and surrounding areas
Book a valuationPlease fill out the form below to arrange a viewing
