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:
Shop area – 3.6m x 8.2m Kitchen – 1.9m x 2.1m WC – 1.9m x 0.7m
Tenure – £9,000 PA FRI lease type terms. (term to negotiate). Tenant to pay utilities. Tenant responsible for shop frontage and glass.
Deposit – One month rent: £750.00
Business Rates – 100% exemption could be applied for. Interested parties should contact South Holland District Council small business rates relief.
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.
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)
