For Sale / To Let - Under OfferOFFICE

1, Market Place, Market Rasen, Lincolnshire, LN8 3HJ


An attractive Georgian property, this office comprises three floors and a façade overlooking the busy Market Square. The ground floor has frontage onto both Market Place and John Street.

The property comes equipped with WC facilities and a small kitchen on the second floor.


The property is located in a prominent position at the centre of Market Rasen opposite the Market Square.

Market Rasen is an affluent and historic market town on the edge of the Lincolnshire Wolds AONB. The town hosts a variety of independent and national retailers, takeaways, public houses, restaurants and other professional services. Market Rasen has a large residential catchment within a short walking distance.

The town benefits from strong infrastructure with rail links to Grimsby and Lincoln, with direct train links to London Kings Cross. The town also boasts quality schools and a new leisure facility. Market Rasen racecourse is on the outskirts of town.


We understand that mains supplies of gas, electricity, water and drainage are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.


We understand the property has consent for uses falling within Class E (Commercial, Business and Services Use) of the Town & Country Planning Use Classes Order 1987 (as amended).

Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business) and D1 (Clinics, Health Centre, Crèche & Day Nurseries).


Charging Authority:  East Lindsey District Council
Description:  Office and Premises
Rateable value:  £3,600
UBR:  0.512
Period:  2020-2021
Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.


The property is available To Let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.

Alternatively, the Freehold interest is available with vacant possession.


Price : £60,000
Rent : Rent on application


VAT will be charged in addition to the sale price / rent at the prevailing rate.


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