Mixed use for sale
Key information
Features and description
Location…
The market town of Horncastle has a population of approximately 17,000 residents and is located at the foot of the Lincolnshire Wolds.
5 High Street is located at the west entrance to the Market Place in an established and historic retail area.
Description…
The property comprises No. 5, 5a, 5b and 5c High Street, being a freehold mixed-use property comprising two shops with two apartments over.
Unit 5a offers open plan space leading to the rear where there is an additional room, corridor and ancillary accommodation comprising kitchenette and WC.
No 5 is another retail unit next door and is let as a Nail Bar with ancillary accommodation and storage.
A separate rear access leads to a communal yard at the back, where there is a steel staircase to the first and second floors. Here there are 2, two bedroomed apartments, each apartment let for £525 pcm. The apartments have not been inspected.
To the rear of the property are newly roofed storage rooms and bin stores extending to around another 500sqft
Accommodation…
Unit 5
Net Internal Window Frontage………………………….4m
Main Retail Area…………….4m x 5.7m 36.8sqm, 400sqft
Excluding prominent bay window, having modern plaster wall finishes, electric heating.
Rear Office………………………….4m x 3m, 12sqm approx.
Having computer compliant lighting.
Rear Hallway to Kitchenette
Having stainless steel sink, worksurface and cupboards.
WC’s
Unit 5a
Net Internal Window Frontage……………………….3.3m
Front Sales Area……..…………….…..3.3 x 5.2m, 17.4sqm
Rear Sales Office…………………….6.8m x 3.7m, 25.8sqm
Rear Office Store…………………….…3m x 3.3m, 10.1sqm
Rear Kitchenette……………………………..……2.2m x 2.1m
Having stainless steel sink with cupboards and drawers.
Rear WC Having low level WC with sink.
Rear Ground Floor Storage
Three separate lockups let to existing tenants, 50sqm 540sqft.
An access leads from the rear yard behind the shops to the Bull Ring to the West (see plan).
Schedule of Accommodation…
See brochure for details.
Tenure….
The property is available freehold subject to the existing occupational leases. The leases held are on Full Repairing and Insuring Terms.
Outgoings…
The apartments are rated as Council Tax Band A. Unit 5 has a Rateable Value of £7,900 and Unit 5a has a Rateable Value of £8,400, as of April 2026.
EPC…
Unit 5 and 5a have an Energy Performance Rating C. 5b and 5c have Energy Performance Rating E. Full details are available on request.
Viewing…
All viewings are to be made by appointment through the agent. Poyntons Consultancy.
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