LARGE VILLAGE CENTRE RETAIL UNIT WITH RESIDENTIAL UPPER FLOORS 277.60 sq m (2,990 sq ft)
MARKET PLACE WRAGBY LN8 5QU OS SITE PLAN
TO LET © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
Large prominently situated retail unit with potential for alternative uses subject to planning Plentiful on-street parking Substantial upper floor suitable for residential use Available due to relocation of Co-op Food Store to a new site in the village close-by on the A158 Available as a whole on a new lease
LOCATION
RATES
The property is located in a prominent position within the bustling village Market Place close to a number of other village amenities.
Charging Authority: Description: Rateable value: UBR: Period:
The village sits on the busy A158 Lincoln to Skegness road, one of the main routes from Lincoln to the Lincolnshire costal resorts, towns and villages such as Mablethorpe, Ingoldmells and Sutton on Sea. The village therefore sees heavy vehicular traffic during the summer months. Lincoln lies about 11 miles to the west and Horncastle a similar distance to the east.
East Lindsey District Council Shop and Premises £8,800 0.493 2015-2016
TENURE The whole property is available to let for a minimum term of 5 years. The lease will be drawn on Full Repairing and Insuring terms.
DESCRIPTION
RENT
An existing supermarket premises available due to the relocation of the business into new premises elsewhere in the village. The property is laid out over 3 floors to provide a ground floor retail unit with storage to the rear and two floors of residential accommodation which are currently vacant. The retail unit has a glazed frontage to Market Place and rear servicing. There is plentiful onstreet parking around the Market Place. The upper floor accommodation is accessed from a self-contained entrance to the side.
£25,000 per annum exclusive of VAT and business rates.
ENERGY PERFORMANCE CERTIFICATE An EPC is available on request.
VAT VAT may be charged in addition to the rent at the prevailing rate.
ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor area:Sq m
Sq ft
Ground Floor Sales Store Staff Lobby WC Office Net Internal Area Gross Internal Area
184.95 59.71 9.23 3.80 257.69 277.57
1,991 643 99
Upper Floors Net Internal Areas
167.89
1,807
41 474 2,988
SERVICES All mains services are available and connected to the property.
TOWN AND COUNTRY PLANNING The property has long established uses for a retail unit, on the ground floor, with residential on the upper floors, falling within Classes A1 (Retail) and C3 (Residential) respectively. The property is not listed but does fall within a Conservation Area.
LEGAL COSTS The ingoing tenant will be responsible for the Landlord’s reasonable legal costs incurred in connection with the preparation and grant of the lease.
VIEWING Strictly be appointment through the Chartered Surveyors.
Contact: Tel: Email:
Harriet Hatcher or James Butcher 01522 544515
[email protected] [email protected] Ref:
HH/JRB/LS/240/H15