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A shop unit with two floors above currently used as offices/storage with a rental income of £12,500 pa.
This retail shop is currently tenanted by a local charity on a five year lease. The shop offers a sales area, store, with two offices gents and ladies w.c and a kitchen on the first floor and two further rooms on the second floor. Total floor area of 115.82 sq meters. Rateable value of £10,250 pa. The current tenants have a five year lease with a rent of £12,500 pa. Spalding offers a variety of shops and recreational facilities together with a rail link into Peterborough and services into London Kings Cross.
Tenure
Freehold
Ground Floor
Shop area and a store
First Floor
Office, store room, kitchen, gents and ladies w.c.
Second Floor
Two offices.
Business Rates
According to the Valuation Office website the premises have a current rateable value of £10,250 with effect from 1 April 2026.
Note
VAT is applicable.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
South Holland District Council
Solicitors
WCR Law, Ref: Claire Parker-Robson, Tel: 01507 430629
Offered in association with
Longstaffs
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.