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A mixed use investment comprising a retail shop producing £8,000 pa and a two bedroom flat above with separate access at the rear producing £7,500pa
This mixed use investment is currently tenanted with the shop unit providing a rental income of £8,000 pa (£666.67 pcm) and the flat providing rent of £7,500 pa (£625 pcm). The shop unit is 50.52 sq/m and offers a sales area, office, kitchen and a toilet area with a small yard area. The flat is on the first and second floors and provides a lounge, dining room, kitchen, two bedrooms and a shower room. Spalding offers a variety of shopping and recreational facilities and a rail link into Peterborough and services into London Kings Cross.
Tenure
Freehold
Ground Floor - Shop
Shop area, office, kitchen, w.c.
First Floor - Flat
Kitchen, lounge, dining room shower room.
Second Floor - Flat
Landing, two bedrooms
Business Rates
According to the Valuation Office website the (premises) has a current rateable value of £6,800 with effect from 1 April 2026.
Council Tax Band
A
Notes
The Postcode for the Flat is PE11 1BP. We have not had access to the flat for inspection and have been provided details from Longstaff & Co LLP.
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.