Ground floor former retail premises NIA 81.57 m²/878 ft² Highly prominent position Excellent frontage to Ramsgate and James Street First floor flat currently let by way of an AST Spacious 2 bedroomed accommodation Outside Sheds Freehold for sale EPC Rating D for shop; Flat – E
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, in particular, 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, Morrison’s and Aldi.
The property is situated in a highly visual position on the junction of Ramsgate with James Street. The property has 3 large display windows and excellent spacious ground floor commercial accommodation. At first floor, is a large 2 bedroomed flat, current let by way of an Assured Shorthold Tenancy.
Front Shop -
With 11m/36ft internal frontage with 3 display windows and 4.08m depth, extending to 5.63m.
Second Shop Area -
Kitchen - 9' 7'' x 11' 10'' (2.92m x 3.6m)
2.92m x 3.6m with stainless steel sink and drainer set in base unit, further stainless steel sink, electric hob and oven, wall and base unit.
Rear Hall -
With wall mounted hot water/central heating combination boiler and back door to yard.
Office - 7' 11'' x 5' 5'' (2.42m x 1.64m)
Total Nia -
First Floor Flat 49a Ramsgate -
Currently let by way of an Assured Shorthold Tenancy at a rent of £580 pcm which includes payment for the utility bills except electricity, for which there is a sub-meter. The flat tenant pays council tax in the normal manner
Ground Floor -
Entrance hall with staircase to:
First Floor -
With inner hallway and inner landing.
Lounge - 12' 10'' x 11' 5'' (3.91m x 3.48m)
Bedroom 2 - 8' 6'' x 11' 4'' (2.6m x 3.46m)
Kitchen - 12' 1'' x 11' 7'' (3.68m x 3.52m)
(average measurements) with stainless steel sink and drainer set in base unit, further base and wall units, cupboard.
Storage Landing - 11' 9'' x 6' 1'' (3.58m x 1.86m)
with wall mounted gas central heating/hot water boiler.
Bathroom - 12' 9'' x 9' 0'' (3.89m x 2.75m)
with panelled bath, low flush WC, pedestal hand basin and built-in cupboard.
Concrete yard are with shared access to neighbouring property, 2 sheds, wood store and outside WC.
The property most recently has been occupied by the County Council and used as a drop-in centre. The property has D1 Use under the Use Classes Order and any prospective purchase is strongly advised to speak to the East Lindsey District Council on 01507 601111, to discuss their end use. The property was occupied for many years as a shop and we believe, originally, was a bakery. The property is current laid out as a shop.
Rateable Value -
Enquiry of the Valuation Office web-site indicates no rating assessment for the commercial element of the property, the property being used for charitable/the less able in society, has been exempt from rates and will need to be reassessed. The flat at 49a Ramsgate, falls within Council Tax Band A.
Each part of the property has its own gas central heating/hot water boiler and there is a full fire alarm system installed. This includes emergency lighting to the ground floor.
Agents Note -
This property occupies one of the most prominent positions in the town and is ripe for further development, either for commercial use at ground floor or potentially, subject to any planning requirements, for residential conversion
Strictly by appointment with the Louth office on 01507 602264.
Measurements are approximate with the metric conversion shown in brackets, taken wall to wall unless otherwise indicated.
Notice is hereby given that these particulars are set out for the guidance of proposed purchasers and, although due care is taken in their preparation and they are believed to be correct, proposed purchasers must not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. These particulars are issued on the understanding that all negotiations are carried out through the agents Turner Evans Stevens but they do not constitute an offer or contract. Any price quoted in these particulars is subject to contract. No person employed by Turner Evans Stevens Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.