self contained betting shop/retail unit former betfred heapham road ...

SELF CONTAINED BETTING SHOP/RETAIL UNIT 50 sq m (537 sq ft)

FORMER BETFRED HEAPHAM ROAD GAINSBOROUGH DN21 1SH SITE PLAN

TO LET © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV

LOCATION PLAN

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Former Betting Shop Prominent position adjacent to new Lincolnshire Co-operative Foodstore Available on a new lease On-site parking available

LOCATION

TENURE

Gainsborough is the administrative and shopping centre for the district of West Lindsey and has a population of 16,869 (2001 Census). The town has seen significant inward investment in recent years, in particular with the development of the Marshall’s Yard Shopping Centre.

Our clients would prefer a sale of the long leasehold interest on a 999 year lease, with vacant possession upon completion. Alternatively, the unit is available to let on Full Repairing and Insuring Terms for a term of years to be agreed.

The property is located in a popular residential area on the outskirts of Gainsborough. A new Lincolnshire Cooperative Foodstore is located adjacent and is due to open early 2016.

RENT

SERVICE CHARGE

PROPERTY A detached single storey commercial unit in a prominent position on Heapham Road. The premises benefit from a roller shutter door and on-site car parking.

A service charge will be levied to contribute towards the maintenance of the car park and communal areas. Further details are available upon request.

LEGAL COSTS

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:-

Retail Area WC facilities

£7,000 per annum exclusive.

Sq M 49.88

Sq Ft 537

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In the event of a letting the tenant will be responsible for the Landlord’s legal costs.

VAT VAT will be chargeable, at the prevailing rate, in addition to the rent/sale price.

VIEWING TOWN AND COUNTRY PLANNING The most recent use of the property was as a bookmakers and classed as Sui Generis use. In our view the property is suitable for alternative A1 (Retail), A2 (Financial and Professional Services) and A5 (Hot Food Takeaway) subject to the necessary planning consent of the Town and Country Use Classes Order 1987 (as amended).

RATES Charging Authority: Description: Rateable value: UBR: Period:

West Lindsey District Council Betting Office & Premises £3,150 0.493 2015-2016

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.

To view the premises and for any additional information please contact the sole agents.

Contact: Harriet Hatcher Tel: 01522 544515 Email: [email protected] Ref:

HH/LS/169/A16