Commercial Property for sale in Louth, LN11
Mercer Row, Louth, LN11£80,000
Agent details
This property is listed with:
Full Details for Commercial Property for sale in Louth, LN11 :
BUSINESS FOR SALE DUE TO RETIREMENT
Award winning, long established butcher
Fully equipped
prominent town centre position
Available on a new lease, freehold sale considered
EPC Rating E
INTRODUCTION
Trevor Fairburn Butchers has been in the same ownership for a number of years and has won several awards over recent years. Our client is seeking to retire and is offering a great opportunity for a turnkey town centre business with a first class reputation.
LOCATION
The property is situated in a prime location in Louth's main shopping street, opposite Lloyds Bank and in close proximity to Boyes, Bargain Buys, Norwich of Peterborough, Greggs, Boots and Car Phone Warehouse.
Award winning, long established butcher
Fully equipped
prominent town centre position
Available on a new lease, freehold sale considered
EPC Rating E
INTRODUCTION
Trevor Fairburn Butchers has been in the same ownership for a number of years and has won several awards over recent years. Our client is seeking to retire and is offering a great opportunity for a turnkey town centre business with a first class reputation.
LOCATION
The property is situated in a prime location in Louth's main shopping street, opposite Lloyds Bank and in close proximity to Boyes, Bargain Buys, Norwich of Peterborough, Greggs, Boots and Car Phone Warehouse.
Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and, in particular, secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. There are 2 supermarkets in the town, being a Co-operative and a Morrison's.
ACCOMMODATION
SHOP - 14' 10'' x 23' 9'' (4.52m x 7.23m)
max, with tiled floor, suspended ceiling, circular sink set into worktop with cupboard under, central entrance door.
PREPARATION AREA - 16' 1'' x 9' 7'' (4.91m x 2.92m)
with door to exterior, walk-in fridge.Staircase to:
FIRST FLOOR - 26' 8'' x 14' 8'' (8.12m x 4.48m)
max, with Viessman fridge, single drainer stainless steel sink unit, wall boiler.
SECOND FLOOR
STORE ROOM - 14' 9'' x 13' 3'' (4.50m x 4.03m)
with suspended ceiling
OFFICE - 14' 5'' x 13' 6'' (4.40m x 4.11m)
TOILET OFF
With low level WC, wash hand basin and hot water cylinder.
RATEABLE VALUE
From enquires with East Lindsey District Council Valuation Office Agency web-site, the rateable value has been assessed at £14,000.
THE LEASE
There will be a new lease with all terms subject to negotiation with a rent of £12,500 p.a.x.
VAT
All prices quoted above are excluding VAT.
LEGAL COSTS
The ingoing tenant will be responsible for the landlord's reasonable fees in connection with the preparation of the lease
ACCOUNTS, FIXTURES & FITTINGS
We hold accounts on behalf of our client in respect of the business, which will only be made available to interested parties who have viewed the property and with our client's specific consent. A full inventory is also available on the same terms.
VIEWING
Strictly by appointment with our Louth office on 01507 602264.
MEASUREMENTS
Measurements are approximate with the metric conversion shown in brackets, taken wall to wall unless otherwise indicated.
DISCLAIMER
Notice is hereby given that these particulars are set out for the guidance of proposed purchasers and, although due care is taken in their preparation and they are believed to be correct, proposed purchasers must not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. These particulars are issued on the understanding that all negotiations are carried out through the agents Turner Evans Stevens but they do not constitute an offer or contract. Any price quoted in these particulars is subject to contract. No person employed by Turner Evans Stevens Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.
Static Map
Google Street View
Other Properties for sale near Mercer Row Louth, LN11 9JG
3 bedroom Town House for sale
- Price
- £120,000
- Address
- Louth Lincolnshire Louth, LN11 0HZ
- Description
- A fabulous opportunity to purchase a deceptively sized property situated in a highly desirable location. The accommodation briefly comprises of entrance hall, kitchen, living room, three bedrooms and a family bathroom. Externally the property benefi...
- Agent
2 bedroom End of Terrace for sale
- Price
- £115,000
- Address
- Louth Louth, LN11 9DD
- Description
- Two bedrooms Lounge Kitchen and utility room Bathroom Gas central heating Walking distance to the town centre and schools Two bedroom town house, centrally located in Louth with immense character throughout, which would be an ideal first time purchas...
- Agent
4 bedroom Bungalow for sale
- Price
- £300,000
- Address
- Louth Louth, LN11 9LF
- Description
- Four bedroom family home Two reception rooms Stunning countryside views Quiet cul-de-sac location Close to town with a countryside feel Garage and workshop No onward chain The property is presented in excellent decorative condition throughout, gas ce...
- Agent
4 bedroom Bungalow for sale
- Price
- £350,000
- Address
- Louth Louth, LN11 9LQ
- Description
- Great location Quiet cul-de-sac Flexible accommodation Lounge/diner Sitting room Double garage No onward chain Great peaceful location, quiet cul-de-sac, no onward chain, lovely mature and tranquil gardens with a summer house and sitting areas, doubl...
- Agent
4 bedroom Detached for sale
- Price
- £415,000
- Address
- Louth Lincolnshire Louth, LN11 8EE
- Description
- Individually built Four bedrooms Open plan living room/ kitchen and dining room Lounge and study Master bedroom with en-suite and dressing room Detached double garage High specification throughout A superbly presented four bedroom detached family hom...
- Agent
