To LetRefurbished Retail Unit

33, Market Place, Tattershall, Lincolnshire, LN4 4LJ

Description

The property comprises a large ground floor retail unit with frontage onto the busy Market Place. It also contains a large store room, kitchen and WC facilities.

Customer parking is available directly outside the property on the Market Place, with additional parking available to the rear. The property also benefits from use of a private service yard to the rear.

LOCATION

The property is located along the Market Place in the village of Tattershall, 14 miles from Boston and 22 miles from Lincoln. Tattershall is an attractive village and popular tourist destination owing to Tattershall Castle’s reputation as the finest example of Medieval brickwork in England.

The village is also a popular leisure destination, with a number of activities available at the nearby Tattershall Lakes. The 2011 consensus records a village population of 2,834 and a combined population of 6,698 with the neighbouring Coningsby.

TOWN AND COUNTRY PLANNING

We understand that the property has consent for uses falling within Class A1 (Retail) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Alternative uses may be appropriate subject to receipt of necessary Planning Consent.

The changes to the Use Classes Order, to be introduced on the 1st September 2020, will mean that this property can be used for a variety of uses within A2, A3, B1, D1 and D2 without the need to secure new planning permission. Further details available on request.

RATES

Charging Authority:  East Lindsey District Council
Description:  Shop and Premises
Rateable value:  £8,800
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.

It is understood that qualifying small businesses will benefit from up to 100% Small Business Rates Relief. Any prospective tenant is advised to check with the Local Charging Authority.

SERVICES

We understand that mains supplies of 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.

TENURE

The property is available To Let on a new lease for a term of years to be agreed. The lease will be drawn up on equivalent of Full Repairing and Insuring terms.

SERVICE CHARGE

A service charge may be levied to cover the upkeep, maintenance and repair of all common parts of the property.

VAT

VAT may be charged in addition to the rent at the prevailing rate.

LEGAL COSTS

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