Spar, Louth, Lincolnshire, LN11 9PB

The Spar is well located in a market town in Lincolnshire. The store is approximately 15 miles from Mablethorpe and 28 miles to Lincoln respectively. As a result, the area has good public transport and a great road network with easy access to the A16. The closest rail service is Market Rasen Station, which provides good links to all the major cities across the UK. Louth offers a wide variety of amenities ranging from shops, restaurants, cafes, medical institutions a secondary and primary school.

Internally the retail trading area extends to approximately 1,808 sq.ft. The trading area has several central gondola units with a number of dedicated chillers and freezers around the perimeter of the shops trading area. The payment kiosk is located to the right-hand side of the entrance which showcase a range of alcoholic spirits and cigarettes. To the rear of the trading area, you will find the ancillary areas which include: 4 storerooms, a bakery and 3 fridges. The stairs to the first floor are located in the hallway and lead to a staffroom and 3 W.C’s.

All fixtures and fittings will be listed before an exchange of contract in a detailed inventory.

Externally, the property benefits from on-road parking.

The Spar offers an excellent opportunity for an experienced operator to acquire a business with scope to increase the turnover. The store will suit a multi operator who is looking to build on the excellent foundation of the current operator.

A staff schedule can be provided upon request.

We are in receipt of till data for the past 52 weeks which shows an average turnover of £18,400. These can be provided upon request.

The store currently opens 7am – 9pm Monday to Wednesday, 7am – 10pm Thursday, 7am – 11pm Friday to Saturday & 8am – 9pm Sunday.

The property is available for leasehold. The current rent payable is £41,000 per annum and there is approximately 13 years left on the existing lease.

The current rateable value is £41,250 as of the 1st of April 2023.