Cannon Street


Under Offer

Louth, Lincolnshire

Excellent town centre retail unit Flexible accommodation currently laid to retail 197.29m²/2124ft² Ample storage 69.68m²/750ft² including garage 2 parking spaces to rear New lease available Available from June 2022 EPC Rating TBC

Tenure: Unknown

Introduction -

The property comprises a ground floor lock-up shop unit with ample storage and garage together with parking spaces situated in the town centre of Louth in Lincolnshire. The property is situated on a busy thoroughfare at Cannon Street next to the town cinema and on a busy pedestrian route from nearby pay and display car parks.

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, Morrison’s and Aldi.

Description -

The property is a ground floor lock-up shop unit with ample storage, a garage, and two parking spaces to the rear.

Right Hand Showroom -

10.34m x 3.76m, with step up to:

Retail Area -

4.15m x 2.8m

Rear Sales -

7.04m x 6.3m max

Left Hand Showroom -

13.73m x 6.30m max

Sales Area 4 -

6.25m x 3.44m

Kitchen -

2.55m x 1.89m

Store Room 1 -

4.2m x 5.30m

Hallway/storage -

3.25m x 5.06m

Further Store Room 2 -

5.35m x 2.23m

Office -

3.56m x 3.46m with disabled standard toilet off.

Garage/store -

5.54m x 3.05m

Outside -

2 rear car parking spaces.

Business Rates -

Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £12,750
Rating Authority – East Lindsey District Council on 01507 601111.

Lease Details -

The property is available to let by way of negotiation based upon a rent of £17,500 per annum.

Services -

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.

Vat -

Our clients reserve the right to charge VAT in addition to the rent quoted above, should it become necessary to do so.

Legal Fees -

The ingoing tenant is to be responsible for the landlord’s reasonable legal fees incurred in connection with the letting.

Viewing -

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

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01507 602 264

1 Queen Street, Louth, Lincolnshire LN11 9AU