Commercial property close to town centre available on flexible terms. Fantastic opportunity to suit both start up businesses and small companies looking for a commercial space. The unit is located down Francis Street in Spalding and within walking distance to the Town Centre.

Accommodation:

Main office – 6.58m x 3.16m
Kitchen area – 2.45m x 1.98m
WC – 1.47m x1.03m

Tenure – £7,800 PA (INC VAT), FRI lease type terms. (term to negotiate). Tenant to pay utilities. Tenant responsible for shop frontage and glass.

Deposit – One month rent: £650.00 (INC VAT)

Business Rates – 100% exemption could be applied for. Interested parties should contact South Holland District Council small business rates relief.

Tenure:

The business is currently closed and is available by way of new ‘free of tie’ FRI lease. Open market rent review at 3 year anniversary, with RPI increases annually. A substantial landlord concession via a rent free period may be available to the right tenants with strong business plan, but capital to cover £5000 deposit, buildings insurance and £1500 (all with VAT where applicable) towards legal fees must be evidenced, along with funds to invest to bring the property into operation.

Measurements

Ground Floor (196sqm)

Bar (5.5m x 7.9m)
Lounge (7.1m x 6.4m)
Function Room (4.4m x 7.0m)
Kitchen (4.1m x 4.1m)
Store (4.0m x 2.8m)
Conservatory (2.8m x 3.7m)
Male WC (1.8m x 3.0m)
Female WC (2.4m x 3.0m)
Beer Cellar (4.1m x 3.0m)

First Floor (78sqm)

Bedroom 1 (5.1m x 4.9m)
Bedroom 2 (3.2m x 4.1m)
Bedroom 3 (2.9m x 4.1m)
Bedroom 4 (4.0m x 3.1m)
Bathroom (1.9m x 2.8m)
WC (1.0m x 1.4m)

Externally

Garden Area
Car Park