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£180,000 Mortgage options

Shop for sale

Eastgate, Louth, Lincolnshire

£180,000 Mortgage options

Shop for sale

Eastgate, Louth, Lincolnshire

Description

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Property description

An excellent opportunity to either purchase at an asking price of £180,000 or to lease at £8,500 per annum, a commercial unit formerly run as a confectionary & patisserie shop with planning for A1 and A3 planning use classes and benefitting from being a licenced premises. The property is situated on a busy high street in the centre of the town with all the equipment and furnishing included in the sale/rent. EPC C

Shop - 6.42m x 2.90m (21'1" x 9'6") - With radiator, large shop window, understairs cupboard, counter and displays, coffee machines, bain marie for 3 pots, cutlery, hand basins, Edwardian style ice cream dispensary unit and refrigerated counter display.

Rear Seating Area - 2.91m x max x 3.65m (9'7" x max x 12'0") - With staircase to the first floor, radiators, rear access door, uPVC double glazed windows.

First Floor Landing - With access to the roof space.

Front Room - 4.27m x 2.88m max (14'0" x 9'5" max) - With bow bay window, radiator, feature fireplace.

Kitchen Seating Area - 3.65m max x 2.91m max (12'0" max x 9'7" max) - With stainless steel double sink below, gas fired combi central heating boiler, hand basin, fridge and freezers, shelving, electric hob and baking oven, dishwasher, electric induction hob (all under two years old).

Outside - There is a small rear yard and w/c and a gate leading out to the adjoining lane.

Services - We understand that the property has mains water, electricity, gas and drainage. Gas central heating (not tested by John Taylors). There is also CCTV security, monitor and cameras.

Rateable Value - According to the Valuation Office Agency's website the property has the following assessments under the 2017 Valuation List:

Description: Shop and premises
Rateable Value: £5,600

Vat - All prices quoted are exclusive of VAT. Please note that the owner may elect to charge VAT at the going rate in addition to the purchase price or rent.

Epc - EPC Rating TBC

Lease Terms - Flexible terms will be considered at a rent of £8,500 per annum exclusive of services and rates.

The property is available to purchase at an asking price of £180,000 or is to rent on a new Lease for a minimum term of 3 years on a full repairing and insuring lease.

Note - Prospective tenants are advised to discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 01582 936856

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Property reference 29758039. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Taylors - Louth. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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