Overview

LEASEHOLD AVAILABLE

The property is arranged over ground and first floors. The ground floor comprises a large sales area, offices, staff accommodation, admin rooms, strong room and an external boiler/storage room located at the rear of the property. The second floor comprises storage for the bank and a sub-let residential flat. Both the storage area and flat are accessed via a joint entrance located on the left side of the building. There is garden space to the rear which can be accessed by both the bank and the residential tenant. Tenure The property is currently held on an existing lease expiring 07/05/2022. Rent The current rent passing is £12,500 per annum, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £7,700.00 and the rates payable are £3,780.70 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Spilsby is a market town in Lincolnshire in the east of England. It lies around 13 miles to the west of Skegness, 30 miles to the south of Grimsby and 80 miles to the east of Sheffield. The property is on The Terrace which, coupled with the High street, is the retail core of the town. Markets are held in the square in front of the high street. National retailers in the vicinity include Greggs, The Original Factory Shop and Cooplands.

Sizes and Measurements

Total Size

1,921sqft

Sales Area

1,658sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,658sqft

Status

Available

Available from

Now

1st

Details

Non-Sales

Size

263sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

07/05/2022

Lease type

Assignment

For rent

£12,500/pa

UBR

49.1p

Rateable Value

£7,700.00

Business Rates

£3,780.70/pa

Specification

  • Leasehold Available
  • High Street Location

Floorplan

SPILSBY

Photos

IMG_5017

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