This former bank premises occupies a prominent position on Eastgate and provides an excellent opportunity in a popular Market Town.
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.
The former bank premises occupies a prominent position on Eastgate and provides an excellent opportunity in a popular Market Town.
2x cubicles with low flush wc’s and 2x wash handbasins.
4.9m x 3.06m with stainless steel sink and drainer, wall, base and drawer units.
With exit to the rear of the property.
With distribution board in cupboard.
3.365m x 1.59m with Viessmann boiler.
2.645m x 3.4m with wall, base and drawer units, stainless steel sink and drainer.
Outline Planning Permission has been granted for 3 terrace houses and 1 first floor flat to be constructed in the former car park to the rear of the property, under reference: N/105/01465/22. A full copy of the planning consent and plans of the proposed development are available upon request.
The site is available to purchase with the property for a total asking price of £500,000.
Enquiry of the VOA website indicates:-
Description – Bank and premises
Rateable Value – £28,250
Rating Authority – East Lindsey District Council.
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.
All prices quoted are exclusive of VAT unless stated otherwise.
Strictly by appointment with the sole agents, TES Property.