To LetLARGE RESTAURANT PREMISES

127, Eastgate, Louth, Lincolnshire, LN11 9QE

Description

Located opposite Wilko and Clarks, the property is an attractive three storey building with a two storey rear extension constructed of brick under a pitched tiled roof.

The property benefits from significant open plan areas on the ground and first floor which lend themselves ideally for casual dining and live entertainment use.

Further outdoor dining could be made available at the rear of the property adjacent to the Northgate East car park.

LOCATION

Louth is a thriving market town with a wealthy population of 19,766 and a catchment of 30,254. The town is highly regarded for its healthy mix of national and independent traders including White Stuff, Caffè Nero and a variety of businesses offering top quality local produce, such as Lucks of Louth and Coopers Antique Dealers.

Eastgate is a well established town centre trading location surrounded by an abundance of surface car parking.

TOWN AND COUNTRY PLANNING

The current use of the property falls within Use Class A3 (Restaurant & Café) of the Town & Country Planning Act (Use Classes) Order 1987 (as amended), following a recently secured change of use.

More information relating to the secured planning permission can be found on the East Lindsey District Council website.

TENURE

The property is available by way of a new lease drawn on Full Repairing and Insuring terms for a lease term to be negotiated.

AGENTS NOTE

The Landlord is prepared to work with a tenant and invest in the property to allow the conversion from shop to restaurant use.

VAT

VAT will be charged in addition to the rental at the prevailing rate.

LEGAL COSTS

Each party is to be responsible for their own legal costs in documenting the transaction.