To Let - Under OfferTown Centre Retail Unit

32-33, Hall Place, Spalding, Lincolnshire, PE11 1SG

Description

The property is arranged over ground and first floor levels with a frontage onto Hall Place.

The ground floor comprises a large open plan retail area, whilst the first floor provides additional storage, an office, kitchen and toilets.

LOCATION

The property occupies a prominent position in Spalding’s prime shopping area on Hall Place, just off Market Place. There are a wide range of national multiple retailers located nearby including Costa, WH Smith, Boots, Superdrug and Greggs.

Market Place is also home to a number of national banks including Lloyds, HSBC and Nationwide.  Hall Place is easily accessible by car, with time limited free parking available nearby on New Road and Sheep Market.

Spalding is a thriving Market Town with a population of circa 30,000 people and is situated on the River Welland, within the District of South Holland. It is the major shopping and administrative centre for the District and is renowned throughout the country as the ‘Market Garden of England’.

The town is conveniently located for easy access via the A16, to Peterborough to the south, and the A1 and A17 to the north. Spalding also benefits from a rail connection service to London (via Peterborough).

SERVICES

We understand that mains water, electricity 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.

TOWN AND COUNTRY PLANNING

We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020).

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 & Café), B1 (Business) and D2 (Assembly & Leisure).

RATES

Charging Authority:  South Holland District Council
Description:  Shop and Premises
Rateable value:  £38,250
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.

TENURE

The property is available To Let on a new Full Repairing and Insuring lease.

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.