The ground floor brick built retail unit is well appointed and offers versatile accommodation which would suit a variety of alternative retail users, subject to any necessary statutory consents being obtained. Set within a central location and within the town centre.
Close by occupiers include Greggs, Spar Supermarket, Holland and Barratt as well as various other local traders and the popular markets that are held within the Cornmarket three days a week that add to the market towns charm.
This traditional retail lock-up shop is located on the south side of Queen Street, just off Market Place, in this desirable and most attractive Georgian Market town. Louth has a resident population of approximately 16,000 with a much wider catchment area (2001 Census).
The property has in recent times been utilised for the purpose of carpet sales but would lend itself to various other uses, subject to the appropriate consents.
Terms
The retail unit is available on new lease terms an annual rent of £5,500 Per Annum exclusive of outgoings, plus buildings insurance premium.
Legal Costs
The ingoing tenant will be responsible for all landlord’s reasonable legal costs or and stamp duty and land tax that may apply.
Rateable Value
We are verbally advised by East Lyndsey District Council that the Rateable Value is £4,250 under the assessment. Interested parties are advised to confirm this with the Local Authority. Rateable Values can change and the rates payable can vary due to changes in transitional relief.