Retail property (high street) to rent
24&25 Bridge Street, Spalding, Lincs PE11 1XG
Retail property (high street)
2,564 sq ft / 238 sq m
Letting details
- Available now
- Unfurnished
- Deposit: £7500
Features and description
- Rental Guide set at £30,000 for the whole building. The Ground Floor could be let independently for £19,900
- Ground Floor 1,289 Sq Ft Whole Building 2,564 Sq Ft
- Former Banking Hall with safes and internal offices still in place.
- Air Conditioning
- Town Centre Location with high profile position on entering Spalding.
Ground Floor Retail/Office premises in Spalding Town Centre
Whole building 2,564 Sq Ft at £30,000 pa
Ground Floor only 1,289 Sq Ft at £19,900 per annum
Size - 2,564 Sq Ft
Rent - £30,000 for the whole Building £19,900 for the Ground Floor only
Service Charge - Dependant on space taken
Business Rates - £29,000 For the whole
Legal Fees - Both parties will be responsible for their own fees
VAT - Not Applicable
EPC - D (84)
The property comprises No 24 and No 25 Bridge Street which have been combined at Ground Floor and First Floor Level. Both properties are brick construction with the entrance to the Ground Floor via No 25. The Ground Floor comprises the former banking hall for the Halifax Bank and there is a staircase to the rear giving access to the First and Second floors which were the former administration and storage rooms.
There is a separate staircase leading from Double Street direct to the First Floor and it would be possible to split the First and Second Floors from the Ground floor and let them separately. If the Ground Floor only is leased, the Landlord retains the right to convert the Upper floors into residential accommodation separately from the Commercial space.
Location - No 24 and 25 are on the corner of Bridge Street and Double Street in a prominent position to traffic entering the town. Spalding has both local private shopping and National retailers such as Boots, WH Smith, Superdrug, Costa Coffee etc.
What3words///sushi.lows.flame
Viewing - Viewing is strictly by prior appointment with the joint agents P&F Commercial or Eddisons Peterborough
Legal Costs - Both Parties will be responsible for their own legal costs.
Accommodation - The Ground floor has open plan space plus some individual offices and storage totalling 1,289 Sq Ft There are several safes and security features that will need to be removed to use the whole floor area.
The First Floor has the Kitchen, Plant Room, Wc's and 2 Staff Room/Offices which face the front of the building. Total 743 Sq Ft excluding the Wc's
The Second Floor has 2 staircases leading to 2 staff rooms/offices to the front plus plant room and storage. Total 532 Sq Ft
Terms - A new Full Repairing and Insuring lease will be created on Terms to be Agreed. A minimum Term of 5 years is sought with reviews and breaks to be considered. The Landlord is prepared to consider offers for the Ground Floor space only or for the whole building. Rent if the whole building is taken will be £30,000 per annum A deposit equal to 3 months rent will be held for the time of the lease. The landlord will insure the building and the tenant will reimburse the landlord in proportions based on the space leased.
Viewing is strictly by prior appointment with the joint agents P & F Commercial [use Contact Agent Button] [use Contact Agent Button] or Eddisons [use Contact Agent Button] [use Contact Agent Button]
Whole building 2,564 Sq Ft at £30,000 pa
Ground Floor only 1,289 Sq Ft at £19,900 per annum
Size - 2,564 Sq Ft
Rent - £30,000 for the whole Building £19,900 for the Ground Floor only
Service Charge - Dependant on space taken
Business Rates - £29,000 For the whole
Legal Fees - Both parties will be responsible for their own fees
VAT - Not Applicable
EPC - D (84)
The property comprises No 24 and No 25 Bridge Street which have been combined at Ground Floor and First Floor Level. Both properties are brick construction with the entrance to the Ground Floor via No 25. The Ground Floor comprises the former banking hall for the Halifax Bank and there is a staircase to the rear giving access to the First and Second floors which were the former administration and storage rooms.
There is a separate staircase leading from Double Street direct to the First Floor and it would be possible to split the First and Second Floors from the Ground floor and let them separately. If the Ground Floor only is leased, the Landlord retains the right to convert the Upper floors into residential accommodation separately from the Commercial space.
Location - No 24 and 25 are on the corner of Bridge Street and Double Street in a prominent position to traffic entering the town. Spalding has both local private shopping and National retailers such as Boots, WH Smith, Superdrug, Costa Coffee etc.
What3words///sushi.lows.flame
Viewing - Viewing is strictly by prior appointment with the joint agents P&F Commercial or Eddisons Peterborough
Legal Costs - Both Parties will be responsible for their own legal costs.
Accommodation - The Ground floor has open plan space plus some individual offices and storage totalling 1,289 Sq Ft There are several safes and security features that will need to be removed to use the whole floor area.
The First Floor has the Kitchen, Plant Room, Wc's and 2 Staff Room/Offices which face the front of the building. Total 743 Sq Ft excluding the Wc's
The Second Floor has 2 staircases leading to 2 staff rooms/offices to the front plus plant room and storage. Total 532 Sq Ft
Terms - A new Full Repairing and Insuring lease will be created on Terms to be Agreed. A minimum Term of 5 years is sought with reviews and breaks to be considered. The Landlord is prepared to consider offers for the Ground Floor space only or for the whole building. Rent if the whole building is taken will be £30,000 per annum A deposit equal to 3 months rent will be held for the time of the lease. The landlord will insure the building and the tenant will reimburse the landlord in proportions based on the space leased.
Viewing is strictly by prior appointment with the joint agents P & F Commercial [use Contact Agent Button] [use Contact Agent Button] or Eddisons [use Contact Agent Button] [use Contact Agent Button]
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P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vacant property but can assistbuyers and sellers in the transfer of operating businesses and are perfectly placed to assist start up’sand SME’s in the acquisition, lease or sale of the premises essential to making the enterprise asuccess. We understand that buying, selling or leasing property can be a stressful time and we are more thanhappy to handle the transaction discreetly with or without formal open market promotion and wecan arrange meetings and viewings outside office or working hours as necessary. We can handle any property from the lease of the smallest shop or office unit to multi-million poundfreeholds and we take pride in the way we can market our client’s properties using selected InternetPortals, our own website at www.pandfcommercial.com and our extensive database. We are always happy have an open chat about the services we can offer so please give us a call to discuss your requirements.