Mercer Row

 

To Let £17,500

Louth

Key Features

  • Ground floor retail unit with garage/store
  • Established town centre trading location
  • Total NIA approx. 1,800 sqft plus stores
  • 3 parking spaces available to the rear
  • Suitable for a variety of uses, subject to consents
  • New FRI lease available for a minimum of 3 years
  • EPC Rating - D

Ground floor retail premises on Mercer Row in Louth town centre, incorporating a garage/store and additional storage. The property also benefits from three parking spaces to the rear and is available to let on a new FRI lease.

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, Morrison’s and Aldi.

The property is situated on Mercer Row, within the town centre’s established retail area. Nearby occupiers include Boots, Boyes, Trespass and Caffè Nero, with the Market Place and other town centre shopping facilities within walking distance.

ACCOMMODATION -

FRONT RETAIL AREA - 9.468m x 5.834m (31'0" x 19'1")

MID RETAIL AREA - 6.1m max x 4.81m max (20'0" max x 15'9" max)

With steps up to:

STORE - 1.63m x 1.44m (5'4" x 4'8")

REAR RETAIL AREA - 5.20m x 13.67m (17'0" x 44'10")

WC -

2x wc’s.

GARAGE/STORE -

OUTSIDE -

3 parking spaces available to the rear. Additional parking may be available by separate negotiation.

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 – £26,750
Rating Authority – East Lindsey District Council.

LEGAL COSTS -

The ingoing tenant will be responsible for the landlord’s reasonable legal costs.

REFERENCES -

The usual bank, landlord and two trade references will be required.

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