- Mixed investment for sale consisting of takeaway and 2 bed flat
- Close to town centre
- Achieving approx. £11,340 per annum exclusive
- EPC Ratings: Takeaway - B / Flat - D
Centrally positioned investment property for sale with ground floor let to takeaway and flat to over 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 -
SHOP - GROUND FLOOR -
RETAIL AREA - 3.821m max x 6.748m max (12'6" max x 22'1" max)
STORE - 1.59m x 1.77m (5'2" x 5'9")
With door to car park.
WC -
With w.c and wash handbasin.
FLAT -
Not inspected by agent.
TENANCIES -
18 Queen Street is under lease at a rent of £450.00 pcm.
We understand that the flat is let under an AST at a rent of £495.00 pcm.
RATEABLE VALUE -
Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £4,350
Rating Authority – East Lindsey District Council.
COUNCIL TAX BAND -
East Lindsey Council Tax Band – A
EPC ASSESSMENTS -
Shop – B
Flat – D
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.
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