- Prime Town Centre Retail Premises with Garage and Parking Facilities
- Grade II Listed Building
- Business (established 1878) available as a going concern via separate negotiation
- Property available to purchase as investment
- EPC Rating - B
Town centre investment with long-established Stevensons Fruit & Veg shop and 5x flats, including the business as a going concern.
OVERVIEW -
This Grade II listed property occupies a prominent position on Eastgate in the heart of Louth town centre. The ground floor premises, available to let, comprise a spacious retail unit with air conditioning, storage areas, and rear vehicular access with parking and a garage. The property has been home to Stevensons Fruit & Veg since 1878 and is the only independent fruit and vegetable shop in Louth. This well-established business is also available for purchase by separate negotiation, offering the opportunity for an incoming tenant to continue trading from this landmark site.
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 national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-Operative, Morrisons and Aldi.
The property is situated on Eastgate, in a well-established, high footfall area of the town centre with neighbouring occupiers include Argos, Superdrug and Heron.
ACCOMMODATION -
SHOP - 4.695m max x 15.377m (15'4" max x 50'5")
With air-conditioning.
WC x2 -
STORES -
Various stores, including Cold Store, totalling approx. 104.87sq.m / 1,129sq.ft.
OUTSIDE -
The property benefits from vehicular access to the rear, with parking facilities and a garage.
BUSINESS FOR SALE -
The long-established business is for sale due to retirement at a price to be negotiated following successful viewing.
RATEABLE VALUE -
Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £17,000
Rating Authority – East Lindsey District Council.
SERVICES -
Mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants/purchasers should make their own enquiries.
VAT -
Please note, all prices quoted may be subject to VAT unless stated otherwise.
VIEWING -
Strictly by appointment with the sole agents, TES Property.
Free, no-obligation valuation for all properties or land in Lincolnshire and surrounding areas
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