About this property

Detailed Description

A recently refurbished coffee shop with access off South Street. Internally the property is well-presented and comprises of a seating area with views over the Market Place, fitted kitchen and WC. Externally there are benches providing additional seating for customers.

Location

Caistor is a market town in Lincolnshire located approximately 10 miles north of Market Rasen and approximately 12 miles south-west of Grimsby. The town has a population of about 2,800 and the main retail area is around Market Place. It has 2 secondary schools including the popular Caistor Grammar School.

The property is located just off South Street which is adjacent to the Market Place which has a range of businesses, including gift shops, eateries, post office and boots as well as car parking.

Accommodation

The Retail Unit has been measured on a Net Internal Area basis.

Description | m2 | Sq.ft
Sales Area | 28.5 | 306
WC | - | -
Total NIA | 28.5 | 306

Business Rates

Having carried out an online search via The Valuation Office Agency website, we believe that the Retail Unit is assessed under the 2023 Rating List as a Shop and Premises with a Rateable Value of £2,200.

Subject to the buyer meeting certain criteria it is possible to claim up to 100% exemption from payment of Business Rates utilising the Government's Small Business Rates Relief initiative.

Interested parties are advised to contact West Lindsey District Council on 01427 676676 to establish the level of Business Rates payable and any reliefs available.

Services

We understand that the properties are connected to mains gas, electricity, water and drainage.

We have not carried out any tests on any of the services or appliances present at the properties and potential purchasers should arrange for their own tests to ensure that any services are adequate and in good working order prior to committing to purchase.

Viewing

For further information or to arrange a viewing please contact:

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

VAT

We understand that the property is not elected for VAT.

Legal Costs

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

Other

TOWN AND COUNTRY PLANNING
The Retail Unit has previously been used as a Coffee Shop and as such has an established use now falling under Use Class E.

For further information in respect of planning-related matters, prospective purchasers should contact West Lindsey District Council on 01427 676676.

EPC
EPC ordered.

Terms

We are offering the share of freehold interest at an asking price of
£58,000.