An excellent opportunity to take a lease on this very prominent retail/cafe/restaurant with a frontage onto Market Place and a return frontage onto Bridge Street. The property is arranged over 3 floors with an overall area of 1815 sqft (168.5 sqm)
Location
The property is located in an excellent prominent town centre location of Spalding with a frontage onto market place and the main return frontage onto Bridge Street. The property has an established use as a cafe/restaurant however could be used for a number of retail/food and leisure uses. Spalding is
a market town on the River Welland in the South Holland district
of Lincolnshire. The main town had a
population of 30,556 at the 2021 census. The town is the administrative centre
of the South Holland District. The town is between the cities of Peterborough and Lincoln.
ACCOMMODATION
The property comprises a 3 storey building with the following floor areas in accordance with the floor plan:Ground Floor = 735 sqft (68.2 sqm)First Floor = 534 sqft (49.6 sqm)Second Floor = 546 sqft (50.7 sqm)Total = 1815 sqft (168.5 sqm)There is a basement which has not been measured
PLANNING
The property has an established use as a former retail shop and presently a cafe/restaurant
SERVICES
Mains electricity, water, gas and drainage are connected to the property
TENURE
The property is offered on a minimum 3 year lease on full repairing and insuring terms with the rent paid quarterly in advance. The tenant will be required to pay 3 month rental deposit.
RATEABLE VALUE
The property has a rateable value of £15,500
CEPC
The property has a CEPC rating of B which is valid until the 22nd December 2033
LEGAL COSTS
Each party are responsible for their own legal costs
VAT
The rent is exclusive of VAT if applicable
LOCAL AUTHORITY
Contact South Holland District Council Tel
VIEWINGS
Contact Pygott & Crone Commercial Tel
TypeTerraced house
Living Area169 m²
HeatingAsk Agent
Location
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