About this property

Detailed Description

The Old School has recently been subject to a full programme of renovation and comprises a detached brick structure under a pitched and Rosemary tiled roof covering and having a good modern specification to include heating via a
Biomass boiler, new timber double glazed window openings together with external doors, burglar and fire alarm systems, fitted Kitchen and bespoke Childrens WC facilities, to include Disabled provision. The property has
character with vaulted ceilings to the main area and wooden flooring to the majority.

Externally, there is a grassed play area with car parking to the side for multiple vehicles with the site being enclosed via a mixture of brick walls and metal railings.

We believe that given the lack of similar facilities in the immediate vicinity, and having regard to the previous use of the property, that it is ideally suited to use as a Childrens Day Nursery or similar.

Location

South Ormsby is a small Village in the East Lindsey District of Lincolnshire being located approximately 7 miles South of the Market Town of Louth and 7 miles North East of the Market Town of Horncastle. The larger Town of Grimsby
is located approximately 24 miles to the North.

The Old School is located in the heart of the Village and can be identified by our To Let Boards erected outside the building.

Accommodation

In Terms of Net Internal Area, the property comprises as follows:

Floor Use Sq M Sq Ft
Ground Main Hall 61.0 657
Ground Nursery Room 18.2 196
Ground Office 2.5 27
Ground Fitted Kitchen 12.6 135
Ground Childrens / Disabled WCs - -
TOTAL 94.3 1,015

Business Rates

The ingoing tenant will be responsible for the payment of Non Domestic Business Rates and utilities in respect of the premises to be demised under the terms of any new lease negotiated.

With effect from 1st April 2023, the property is assessed under the 2023 Rating List as a Community Centre, Café & Premises with a Rateable Value of £3,000. Subject to the ingoing tenant meeting certain criteria, it is possible that up to 100% exemption from the payment of Non Domestic Business Rates can be achieved utilising the Government's Small Business Rate Relief Initiative. For further information in respect of the level of Business Rates payable, and any reliefs available, prospective tenants are advised to contact East Lindsey District Council. Tel: 01507 601111.

Viewing

Strictly by prior appointment with the Sole Letting Agents:

Brown & Co
5 Oakwood Road Lincoln
LN6 3LH
01522 457800


James Cameron
01522 457172
07768 465753
james.cameron@brown-co.com

William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

Legal Costs

The ingoing tenant will be responsible for their own, as well as our landlord client's reasonable legal costs incurred in respect of preparing the new lease associated with this property.

Other

EPC RATING
The Old School has a current and compliant EPC Rating of C60 valid until 24th January 2031.

TOWN & COUNTRY PLANNING
Prospective tenants are advised to discuss any planning-related matter with The Planning Department at East Lindsey District Council prior to making an offer to take a new lease in respect of this property. Tel: 01507 601111.

Terms

RENT
We are quoting a rent of £10,000 per annum exclusive of VAT for the property.

LEASE TERMS
The property is to be made available by way of a new effective full repairing and insuring lease, ideally for a minimum initial term of 3 years, however, our landlord client may offer some flexibility in this regard.