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)
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 Station Street, Spalding & within a very short walk of Spalding’s town centre.
Accommodation;
– Ground floor unit – Kitchen to rear – Toilet to rear
Tenure – £5,700 PA (£475 PCM), FRI lease type terms. (term to negotiate). Tenant to pay utilities. Tenant responsible for shop frontage and glass.
Deposit – Three month rent: £1,425.00
Business Rates – 100% exemption could be applied for. Interested parties should contact south holland district council for small business rates relief.
