High Street

 

For Sale £250,000

Mablethorpe, Lincolnshire


 

INVESTMENT FOR SALE

Highly visual unit on High Street, Mablethorpe Excellent high footfall position Approx. GF GIA 282m² / 3037ft² Approx. FF GIA 123m² / 1323ft² Income – £22,250 per annum from December 2022 GF EPC – EFF EPC – E

Tenure: Unknown


Location -

Mablethorpe is a town with a population of approx. 12,500, situated on the Lincolnshire coast with a good level of local amenities. The population is considerably increased in the summer months by the influx of holidaymakers to the area. It is located approximately 19 miles north of Skegness and 32 miles south of Cleethorpes. The town has beautiful sandy beaches, a range of shops and amenities and a health centre. The market towns of Louth and Spilsby are just a short drive away and the larger towns of Boston, Grimsby and the city of Lincoln are all accessible and approximately 1 hour by road.

The property is situated close to the junction between High Street and George Street, Mablethorpe.

Entrance/reception -

13.89m (45.57ft) x 4.165m (13.66ft) max

Former Staff Counter Area -

3.72m (12.2ft) max x 10.94m (35.89ft) max

Office -

3.5m (11.48ft) x 2.63m (8.62ft)

Meeting Room -

4.18m (13.71ft) x 2.50m (8.2ft)

Rear Office -

5.70m (18.7ft) max x 8.558m (28.07ft)

Staff Room & Kitchen -

8.102m (26.581ft) x 4.22m (13.84ft)

Book Room -

2.79m (9.15ft) x 2.79m (9.15ft)

Strong Room -

6.268m (20.56ft) x 3.57m (11.71ft)

Rear Store/cleaners Room -

4.46m (14.63ft) x 2.7m (8.85ft)

Boiler Room -

1.4m (4.59ft) x 2.85m (9.35ft)

First Floor - 41a High Street, Mablethorpe -

Accessed via separate access located to the left-hand side of the ATM machine at the front of the property.

Staircase to:

Reception/office -

2.92m (9.58ft) x 4.2m (13.78ft)

Rear Area -

6.85m (22.47ft) x 5.5m (18ft)

Main Area -

7.608m (24.968ft) x 7.13m (23.39ft)

Separate access to:

Atm Cash Machine -

We are informed that the cash machine is let for a period of 10 years from completion to Barclays Bank UK PLC for £5,250 p.a.

Rear -

We understand the property is available with 2 parking spaces to the rear of the property.

Rates -

Enquiry of the VOA website indicates:-

41 High Street, Mablethorpe
Description – Bank and premises
Rateable Value – £14,250
Rating Authority – East Lindsey District Council on 01507 601111.

41a High Street, Mablethorpe
Description – Gym and premises
Rateable Value – £5,200
Rating Authority – East Lindsey District Council on 01507 601111.

Energy Performance Rating -

41 High Street, Mablethorpe – E
41a High Street, Mablethorpe – E

Services -

Mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and purchasers should make their own enquiries.

Lease Details -

41 High Street, Mablethorpe
Let on a 3 year lease at £12,000 per annum from December 2021.

41a High Street, Mablethorpe
Let on a 4 year lease at £5,000 per annum (1 year rent free) from September 2021.

Lease details available on request.

Legal Fees -

Each party will be responsible for their own fees in relation to the sale.

Viewing -

Strictly by appointment with the sole selling agents, Turner Evans Stevens on 01507 602264

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