- Situated in a central position close to the town centre
- Ground floor premises let to salon
- First & second floor flat let on AST
- Achieving approx. £10,740 per annum exclusive
- EPC - TBC
Centrally positioned investment property for sale with ground floor let to salon and flat to first & second floors let on AST.
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.
ACCOMMODATION -
GROUND FLOOR SALON - 3.68m x 4.05m (12'0" x 13'3")
INNER LOBBY -
With wash basin, leading to:
REAR ROOM - 4.33m x 3.68m (14'2" x 12'0")
KITCHEN - 2.18m x 1.50m (7'1" x 4'11")
TOILET OFF -
With wash basin and low suite w.c.
FLAT -
GROUND FLOOR ENTRANCE LOBBY -
STAICASE TO LANDING -
LOUNGE - 4.20m x 3.87m (13'9" x 12'8")
KITCHEN - 2.70m x 2.69m (8'10" x 8'9")
With single drainer sink unit, range of base and wall cupboards with integrated appliances.
BATHROOM -
With suite comprising panelled bath, with pedestal wash basin and low suite w.c, airing cupboard with cylinder and immersion heater.
TENANCIES -
The ground floor salon is under lease at a rent of £475.00 pcm.
First & second floor flat is under an AST at a rent of £420.00 pcm
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.
RATEABLE VALUE -
Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £2,950
Rating Authority – East Lindsey District Council.
LEGAL COSTS -
Each party will be responsible for their own legal fees in relation to the sale.
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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