No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£170,000 | 2,427 sq ft
Added > 14 days

Retail property (high street) for sale

7 Bridge Street, Spalding, Lincolnshire, PE11 1XA
Auction
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Retail property (high street)
0 bed
0 bath
2,427 sq ft / 226 sq m

Property description & features

  • Tenure: Freehold
  • Retail / investment
  • Guide price: £170,000 £180,000 plus vat
AVAILABLE - £175,000 For Sale by Public Auction on12/06/2024

Location:
The property is located in a conservation area in the town centre near to the junction of London Road, Double Street, High Street and Church Street. Nearby occupiers include Halifax, Boots, Vision Express, Ladbrokes and Santander.

Description:
A Grade II Listed retail property of approximately 2,427 sqft over 3 storeys and further storage in the basement. The property is currently operating as a barbers shop with ancillary space on the upper floors.

Accommodation:
Basement:
2 rooms.

Ground Floor:
Salon and sales area, office, staff room/kitchen with WC off.
GIA: 1,000 sqft (93 sqm)

First Floor:
2 rooms, kitchen, bathroom, store.
GIA: 715 sqft (66.5 sqm)

Second Floor:
3 rooms.
GIA: 712 sqft (66.0 sqm)

Planning
Local Authority: South Holland District Council[use Contact Agent Button].

Note
The Auctioneers have not inspected the property.
The adjoining property at the rear has a small area of flying freehold over the rear ground floor.
VAT is payable on the rent and purchase price.
Can be purchased as a TOGC.

Tenure
Freehold, subject to existing lease.
The property is let on a 5 year FRI lease from 01.09.2023 with 2 year rent review and break option at a rental of £18,000 pax plus VAT.

Energy Performance Certificate:
Rating 71, Band C.

Outside:
Rear courtyard.

Solicitors
Edward Hands & Lewis, 19 North Road, The Office Village, Loughborough, Leicestershire LE11 1QJ
[use Contact Agent Button] ~ Ref: N Ahmed

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