About this property

Detailed Description

The property comprises an mid-terrace, Ground Floor Retail Premises. Internally, the property comprises a Retail Area to the front with an Office/Kitchen & WC to the rear. The Retail Area has laminate flooring and LED strip lighting

Location

Horncastle, with a population in excess of 6,800, is a traditional Market Town on the edge of the Lincolnshire Wolds located approximately 16 miles East of Lincoln, 20 miles West of Skegness, 12 miles South West of Louth and 18 miles North East of Sleaford.

The Town is situated at the junction of the A158 (Lincoln - Skegness) and the A153 (Louth - Sleaford and Grantham).

Retailing in the Town centre is based on Market Place, High Street and Bull Ring. The Town has a good mix of Retailers including Lincs Co-op, Cooplands and Heron Foods as well as strong local Retailers such as Myers Bakers. The property is prominently situated on Bull Ring and faces the A153

Accommodation

The property has been measured on a Net Internal Area basis:
Description | Sq ft| Sq m
Ground Floor - Retail Area | 312 | 29.0
Ground Floor - Office/Kitchen | 178 | 16.5
Total NIA | 490 | 45.5

Business Rates

The property is currently assessed under the 2026 Rating List as a Shop and Premises with a Rateable Value of £4,550.

We would recommend that prospective tenants contact East Lindsey District Council regarding Business Rates payable and any reliefs that may be available Tel: 01507 601111.

Services

We understand that the property is connected to mains electricity, water and drainage.

Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to take a new lease in respect of this property.

Viewing

For further information or to arrange a viewing please contact:
AGENT
Brown&Co William Gaunt
5 Oakwood Road 01522 504322
Lincoln 07919 694235
LN6 3LH william.gaunt@brown-co.com

VAT

We understand that VAT will be not charged upon the rent.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any letting negotiated.

Other

TOWN AND COUNTRY PLANNING
The property has been used as a Retail Shop and as such has an established use which is now covered by Use Class E of The Use Classes Order 2023. We would recommend that prospective tenants discuss any planning-related enquiries with the Planning Department at East Lindsey District Council prior to making an offer to take a lease in respect of this property. Tel: 01507 601111.

EPC
The property has an EPC Rating of D94 valid until 1st November 2027.

Terms

LEASE & RENTAL TERMS
The property is to be made available by way of a new internal repairing and insuring lease for a minimum term of 3 years at a rent of £6,000 per annum.