01482 645522 1 Oxford Street, MARKET RASEN, LN8 3AL
ALL ENQUIRIES:
01482 645522
1 Oxford Street, MARKET RASEN, LN8 3AL
GUIDE PRICE £285,000 OR TO LET AT £23,000 PER ANNUM FEATURES Extensive retail accommodation with potential for redevelopment 2 bedroom residential flat let on AST included Prominent location Site area 0.13 hectares (0.33 acres) 567.41 sq m (6,105 sq ft) CONTACT
Carl Bradley [email protected] 07971875863 Andrew Clark [email protected] 07971875861
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
ALL ENQUIRIES: 1 Oxford Street, MARKET RASEN, LN8 3AL DESCRIPTION
The property comprises an extensive and well-known retail property currently occupied by Peter Rhodes Ltd but to be vacated as a result of relocation. The property provides retail, storage and ancillary office accommodation together with a 2 bedroom flat which is let on an AST. The property also includes a large car park at the rear which has space for approximately 18 cars. Access is via Oxford Street. The ground floor provides a large L-shaped retail showroom area together with ancillary, secondary display, stock room and office accommodation. There is also a WC. The first floor provides archive storage, staff kitchen accommodation and substantial storage area. LOCATION
ACCOMMODATION
Please see attached ordnance survey plan and schedule of accommodation. OTHER INFORMATION Local Authority – West Lindsey District Council. Rateable Value - The main part of the property is assessed as shop and premises with a rateable value of £14,500 (2017 rateable value £16,500). EPC – The property has an EPC rating D.
The property is located at the junction of Oxford Street and William Road and has an extensive frontage to both. Market Rasen is a popular Lincolnshire town with a vibrant centre including a wide variety of local retailers. The town sits adjacent to the A46, 13 miles north east of Lincoln and 16 miles south west of Grimsby. Market Rasen has a population of approximately 4,000 people with a wider, mainly rural, catchment area.
TERMS
The property is available on either to let (to exclude the residential flat) or for sale. The freehold interest is available at a guide price of £285,000. A lease is available for a minimum term of 5 years at a rent of £23,000 per annum (excluding the residential flat) on full repairing and insuring terms.
Services - All mains services are connected to the property. None of the services have been tested and prospective purchasers/tenants are advised to check on the suitability of the supplies for their proposed use. VAT - VAT is not applicable to this transaction. Commercial Property Leases – Prospective tenants are advised to take professional advice before entering into a lease. A copy of The Code for Leasing Business Premises in England and Wales 2007 can be viewed online at www.leasingbusinesspremises.co.uk. Tenure – We have been advised by the client that the property is Legal Costs – Each party will be responsible for their own legal costs in respect of this transaction. Notice - Clark Weightman Limited for themselves and for Vendors or lessors of this property whose agents they are giving notice that: (I) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (II) all descriptions, dimensions, referenced condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (III) no person in the employment of Clark Weightman Limited has any authority to make or give any representation or warranty whatever in relation to this property. Agency Pilot File Reference: 17/030.
For further information please contact Andrew Clark or Carl Bradley. Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
ALL ENQUIRIES: 1 Oxford Street, MARKET RASEN, LN8 3AL ACCOMMODATION
Ground floor: Sales: 343 sq m (3,690 sq ft) Storage and offices 76.05 sq m (818 sq ft) First floor storage, kitchen and staff 148.36 (1,596 sq ft) Total area 567.41 (6,105 sq ft) Residential flat: 2 bedrooms, kitchen, dining area, lounge, bathroom with WC External: Small rear yard and outside storage building OS PLAN
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
01482 645522
1 Oxford Street, MARKET RASEN, LN8 3AL
GUIDE PRICE £285,000 OR TO LET AT £23,000 PER ANNUM FEATURES Extensive retail accommodation with potential for redevelopment 2 bedroom residential flat let on AST included Prominent location Site area 0.13 hectares (0.33 acres) 567.41 sq m (6,105 sq ft) CONTACT
Carl Bradley [email protected] 07971875863 Andrew Clark [email protected] 07971875861
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
ALL ENQUIRIES: 1 Oxford Street, MARKET RASEN, LN8 3AL DESCRIPTION
The property comprises an extensive and well-known retail property currently occupied by Peter Rhodes Ltd but to be vacated as a result of relocation. The property provides retail, storage and ancillary office accommodation together with a 2 bedroom flat which is let on an AST. The property also includes a large car park at the rear which has space for approximately 18 cars. Access is via Oxford Street. The ground floor provides a large L-shaped retail showroom area together with ancillary, secondary display, stock room and office accommodation. There is also a WC. The first floor provides archive storage, staff kitchen accommodation and substantial storage area. LOCATION
ACCOMMODATION
Please see attached ordnance survey plan and schedule of accommodation. OTHER INFORMATION Local Authority – West Lindsey District Council. Rateable Value - The main part of the property is assessed as shop and premises with a rateable value of £14,500 (2017 rateable value £16,500). EPC – The property has an EPC rating D.
The property is located at the junction of Oxford Street and William Road and has an extensive frontage to both. Market Rasen is a popular Lincolnshire town with a vibrant centre including a wide variety of local retailers. The town sits adjacent to the A46, 13 miles north east of Lincoln and 16 miles south west of Grimsby. Market Rasen has a population of approximately 4,000 people with a wider, mainly rural, catchment area.
TERMS
The property is available on either to let (to exclude the residential flat) or for sale. The freehold interest is available at a guide price of £285,000. A lease is available for a minimum term of 5 years at a rent of £23,000 per annum (excluding the residential flat) on full repairing and insuring terms.
Services - All mains services are connected to the property. None of the services have been tested and prospective purchasers/tenants are advised to check on the suitability of the supplies for their proposed use. VAT - VAT is not applicable to this transaction. Commercial Property Leases – Prospective tenants are advised to take professional advice before entering into a lease. A copy of The Code for Leasing Business Premises in England and Wales 2007 can be viewed online at www.leasingbusinesspremises.co.uk. Tenure – We have been advised by the client that the property is Legal Costs – Each party will be responsible for their own legal costs in respect of this transaction. Notice - Clark Weightman Limited for themselves and for Vendors or lessors of this property whose agents they are giving notice that: (I) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (II) all descriptions, dimensions, referenced condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (III) no person in the employment of Clark Weightman Limited has any authority to make or give any representation or warranty whatever in relation to this property. Agency Pilot File Reference: 17/030.
For further information please contact Andrew Clark or Carl Bradley. Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
ALL ENQUIRIES: 1 Oxford Street, MARKET RASEN, LN8 3AL ACCOMMODATION
Ground floor: Sales: 343 sq m (3,690 sq ft) Storage and offices 76.05 sq m (818 sq ft) First floor storage, kitchen and staff 148.36 (1,596 sq ft) Total area 567.41 (6,105 sq ft) Residential flat: 2 bedrooms, kitchen, dining area, lounge, bathroom with WC External: Small rear yard and outside storage building OS PLAN
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
