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SOLD STC

St. Pauls Street, Stamford, PE9 2BH

Guide Price
£350,000

Business rates & charges may apply

Richardson Surveyors, Stamford
SIZE

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SECTOR

Shop for sale

Key features

  • Vacant lock-up shop with let self-contained flat above
  • Ground floor & Basement 66.38 sq m (713 sq ft)
  • First / second floor flat 67.0 sq m (721 sq ft)
  • For Sale

Description

The property is situated in a prominent position on St Paul’s Street and comprises of a self- contained lock up shop on the ground floor with w.c and basement and a self-contained two bedroom flat on the first and second floors.

Location - The property is located in Stamford, an attractive, historic market town located approximately 1 mile east of the A1 Trunk Road on the Cambridgeshire/Lincolnshire/Rutland border, approximately 8 miles north west of Peterborough and 100 miles north of London. The town is situated on the River Welland and consists of many historic buildings and Burghley House.

The property is situated in the town centre close to the junction between The High Street, St Paul’s Street and Star Lane. Nearby occupiers include Domino Pizzas, M&S Foodhall and O2.

Description - The property is situated in a prominent position on St Paul’s Street and comprises of a self- contained lock up shop on the ground floor with w.c and basement and a self-contained two bedroom flat on the first and second floors.

The building is generally of stone construction beneath a Collyweston slate roof with recently replaced dormer window in the front elevation. Access to the flat is via a shared passage off St Paul’s Street which leads to a steel staircase and decking at the rear of the property. The building is Grade II listed.

Accommodation - The property has the following approximate floor areas measured in accordance with the RICS code of measuring practice on a net internal floor area basis:

Sales 34.18 sq m (368 sq ft)
Basement store (approx.) 30.00 sq m (322 sq ft)
Kitchen 2.20 sq m (23 sq ft)

First / second floor flat 67.0 sq m (721 sq ft)

Services - We understand that mains water, electricity and drainage are connected to the premises. None of these services, or any other plant and equipment has been tested by Richardson and prospective occupiers must rely on their own investigations as to their existence and condition.

Business Rates - From enquiries of the Valuation Office website, we understand that the following rating assessment applies:

Shop & premises £7,000

Prospective purchasers should make their own enquiries of South Kesteven District Council as to the amount of rates payable and Small Business Rates relief should apply.

Tenure - The lock-up shop is let to a travel company with their lease ending 14th July 2024. The flat is currently let on an Assured Short hold tenancy at a rent of £695 pcm commencing February 2024 and ending July 2024.

Terms - The property is For Sale freehold– price guide £350,000.

Epc - 44 St Paul’s Street – Ground Floor Shop - EPC tbc.
44A St Paul’s Street – First / Second Floor Flat - EPC tbc.

Legal Costs - Each party is to be responsible for its own legal costs incurred in the transaction.

Viewing - For further information or an appointment to view please contact the sole selling agent Andrew Leech at Richardson on or email:

Brochures

St. Pauls Street, Stamford, PE9 2BH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stamford Station0.5 miles

About Richardson Surveyors, Stamford

3-4 Sheep Market, Stamford, PE9 2RB

Richardson Surveyors, Stamford

Agency

We are experienced commercial property agents, active throughout Lincolnshire, Leicestershire and Cambridgeshire. We represent a wide variety of vendors with commercial property for sale or to let, including private investors, local and regional businesses, as well as larger property companies and local authorities. We have good knowledge of the local market and provide commercial sales and letting services within all of the main sectors.

Management

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Notes

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Disclaimer - Property reference 32948728. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Richardson Surveyors, Stamford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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