- Ground floor office/retail space with excellent frontage
- Suitable for other uses, subject to usual permissions
- Prime position on Mercer Row
- 2 months rent free*
- EPC Rating: C
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.
The property is a ground floor lock-up office/retail unit with an excellent frontage, situated in a prime position close to the town centre and all amenities.
ACCOMMODATION -
MAIN RETAIL/OFFICE AREA - 10.35m x 6.m overall (33'11" x 19'8" overall)
With excellent frontage to Mercer Row, radiators, light fittings, and security shutters.
INTERNAL CORRIDOR -
Leading to:
OFFICE - 3.48m x 2.06m (11'5" x 6'9")
KITCHEN/STAFF ROOM - 4.05m x 3.12m (13'3" x 10'2")
DDA TOILETS -
With wash hand basin and WC and fitted Baxi boiler for central heating and hot water.
GENTS/LADIES TOILET -
With low flush WC and wash basin.
Rear exit via fire door leading to:
OUTSIDE -
Side passageway with access to Mercer Row.
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. The property has the benefit of gas fired central heating to the ground floor office/retail space.
RATEABLE VALUE -
Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £12,750
Rating Authority – East Lindsey District Council.
TENURE -
The property is available on a new lease on an effective full repairing and insuring lease for a period of 6 years with a break clause being acceptable at the third anniversary.
VAT -
Please note, all prices quoted may be subject to VAT unless stated otherwise.
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.
AGENT'S NOTE -
Landlord is offering two months’ rent free, subject to successful lease negotiation.
The property is also available for sale at £150,000.
VIEWING -
Strictly by appointment with the sole agents, TES Property.
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