A terraced retail unit currently occupied by an Opticians business with an income of £27,000 pa.
This retail unit in situated in the heart of Spalding in a busy shopping area of the town. The unit is 128.26 square metres and is arranged on two floors. The property has been renovated and improved by the current tenant throughout.
Tenure
Freehold
Ground Floor
Shop area, 3 treatment rooms, w.c.
First Floor
Office, kitchen, w.c.
Business Rates
According to the Valuation Office the property has a rateable value of £24,750
Lease
The current tenant signed a 15 year lease in 2010 (6 years remaining).
Energy Efficiency Rating (EPC)
Current Rating C
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
Mincoffs Solicitors, 5 Osbourne Terrace, Jesmond, Newcastle upon Tyne, NE2 1SQ, Ref: Ryan Bannon, Tel: 0191 281 6151
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 - £1080 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.