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Aswell Street, Louth

£125,000

Business rates & charges may apply

TES Property (Lincolnshire), Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • Mixed investment for sale
  • Walking distance to town centre
  • Close to pay & display parking facilities and local schools
  • First floor self-contained flat let on AST
  • Achieving approx. £11,160 per annum exclusive
  • EPC Ratings: TBC

Description

Investment property comprising shop and 2 bedroomed flat achieving approx. £11,160 per annum exclusive.

Location - 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 secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-operative, Morrison’s and Aldi.

Accommodation -

36 Aswell Street -

Ground Floor -

Showroom 1 - 5.53m x 3.102m (18'1" x 10'2") -

Showroom 2 - 2.99m x 3.24m (9'9" x 10'7") -

Office - 1.81m x 2.46m (5'11" x 8'0") -

Stock - 3.74m x 3.04m (12'3" x 9'11") -

Store - 4.4m x 2.25m (14'5" x 7'4") - With boiler serving ground floor and first floor flat, and door to rear yard.

Wc - With wc and wash hand basin.

Outside -

Rear Yard - With shared passageway.

Brick Store - 2.39m x 1.84m (7'10" x 6'0") -

34 Aswell Street -

Entrance Lobby - 1.4m x 2.17m (4'7" x 7'1") - With staircase to first floor, radiator.

First Floor -

Landing -

Bathroom - 1.33m x 2.45m (4'4" x 8'0") - With wc, wash hand basin, bath with electric shower and panelled walls.

Kitchen - 2.92m x 3.25m (9'6" x 10'7") - With wall, base and drawer units, space for fridge freezer, stainless steel sink and drainer, space for washing machine, electric hob and oven.

Living Room - 3.18m x 5.76m (10'5" x 18'10") - With radiator, single glazed windows and loft access.

Bedroom 1 - 4.25m x 2.98m (13'11" x 9'9") - With radiator, single glazed windows.

Hallway - With cupboard with wc.

Bedroom 2 - 2.53m x 4.72m (8'3" x 15'5") -

Tenancies - 36 Aswell Street is under lease expiring 6th May 2025 at a rent of £450.00 per calendar month.
34 Aswell Street is under an AST at a rent of £480.00 pcm

Rateable Value - Enquiry of the VOA website indicates:-
Description - Shop and premises
Rateable Value - £3,750
Rating Authority - East Lindsey District Council.

Council Tax Band - East Lindsey Council Tax Band - A

Epc Assessments - Shop - TBC
Flat - TBC

Services - Mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants should make their own enquiries.

Legal Costs - The ingoing tenant will be responsible for the landlord's reasonable legal costs.

Vat - Please note, all prices quoted may be subject to VAT unless stated otherwise.

Viewing - Strictly by appointment with the sole agents, TES Property.

Brochures

Aswell Street, Louth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cleethorpes Station13.6 miles

About TES Property (Lincolnshire), Commercial

6-8, Cornmarket, Louth, Lincolnshire, LN11 9PY

TES Property (Lincolnshire), Commercial

TES Property has been established since 2022 and our family run agency provides both Residential and Commercial property services. Located in the heart of Louth and with industry links dating back over 40 years, our staff have a wealth of knowledge and experience and pride ourselves on a personal service for you and your property. Whether you are looking to buy or sell property, feel free to call or visit to discuss your needs.

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Notes

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Disclaimer - Property reference 33230093. 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 TES Property (Lincolnshire), Commercial. 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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