Louth

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 unit is situated on the popular Fairfield Industrial Estate, which forms the centre of the business community, immediately to the north of the town. The property has easy access to the A16 trunk road, linking Louth with Grimsby, approx. 17 miles to the north. Access to the A180 and the Humber port is easily gained.

With wall mounted heater.

With WC and wash hand basin.

With WC and wash hand basin.

With wall, base and drawer units, stainless steel sink and drainer.

With fire escape to rear and services cupboard.

With base units and stainless steel sink and double drainer, fire escape to rear.

With roller shutter door to front.

The front of the property is a large area suitable for staff parking and extra storage subject to permission.

Enquiry of the Valuation Office website indicates the 2023 Rating Assessment of;
Description – Workshop and premises
Rateable Value – £13,500
Rating Authority – East Lindsey District Council

We understand some mains services are available. The agents have not tested or inspected any of the services or service installations and tenants should make their own enquiries as to suitability for their requirements.

The unit is available on a new lease for a minimum of 3 years or longer by negotiation.

We understand a maintenance rent is chargeable for the upkeep of the external parts of the property and the common areas of the development at £4,400 per annum plus VAT.

A deposit of the equivalent of 3 months’ rent will be required.

Buildings insurance payable at £821.60 plus VAT.

We understand that the ingoing tenant will be responsible for the landlords reasonable legal fees in relation to the letting.

Please note the rent may be subject to VAT.

Strictly by appointment with the sole agents, TES Property.