Eastgate

 

For Sale £1,100,000

Louth, Lincolnshire

Key Features

  • Extensive Retail Premises
  • Prime Town Centre Location
  • Approx. 1,021 sq.m / 10,000 sq.ft.
  • Staff parking and delivery yard to rear
  • High footfall position
  • Large Stock room and Office Space to first floor
  • Shop frontage to Eastgate
  • EPC Rating - B

Large retail premises in an excellent town centre location with staff parking and delivery yard to rear.


LOCATION -

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.

These highly visual premises are found on Eastgate in a prominent area of high footfall in the centre of Louth.

ACCOMMODATION -

GROUND FLOOR -

MAIN SHOP FLOOR - 23.76m (max) x 34.73m (max) (77'11" (max) x 113'11

LIFT LOBBY - 2.75m x 6.46m (9'0" x 21'2")

FIRST FLOOR -

LOBBY -

LADIES' TOILETS -

CLEANER'S STORE -

DISABLED ACCESS TOILETS -

GENTS' TOILETS -

OFFICE - 5.22m x 2.4m (17'1" x 7'10")

STAFF ROOM - 3.84m x 4.56m (12'7" x 14'11")

With stainless steel sink and drainer, wall, base and drawer units, part tiles walls.

MANAGER'S OFFICE - 2.578m x 3.27m (8'5" x 10'8")

STOCK ROOM - 21.76 x 13.22 max (71'4" x 43'4" max)

Accessed from rear stairwell

With lift lobby, store and lifts

OUTSIDE -

REAR STAFF PARKING & DELIVERIES -

AGENT'S NOTE -

The property is available For Sale with realistic offers considered. The vendor would also consider a lease on the property on full repairing and insuring terms.

SERVICES -

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.

RATEABLE VALUE -

Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £110,000
Rating Authority – East Lindsey District Council.

TENURE -

The property is understood to be of freehold tenure.

SALE/LEASE -

The property is available For Sale however the vendor would consider a new lease to be negotiated.

VAT -

Please note, all prices quoted may be subject to VAT unless stated otherwise.

VIEWING -

Strictly by appointment with the sole agents, TES Property.

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01507 601 633

admin.louth@tes-property.co.uk

6-8, Cornmarket, Louth, Lincolnshire LN11 9PY