Property description
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TO LET ON A NEW LEASE
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Large Prime Retail Premises
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Main road location with heavy footfall
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100 metres from the promenade and close to the Hildreds Shopping Centre
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21’6” (6.56m) frontage
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Total ground floor area 3363 sq ft (312 sqm) approx
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Extensive basement storage
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Rear road access
EPC Rating E
LOCATION
The premises are sited on the south side of Lumley Road, between the junction with Beresford Avenue and Drummon Road within a position of high summer seasonal footfall close to the Hildreds Centre and the promenade amenities, having a prime frontage.
ACCOMMODATION
SALES AREA
Internal width 44' (13.4m) approx
Intrnal depth 116' (35.3m) approx
Total approx area 5100 sq ft (473 sqm).
Mainly clear span. Rear steps down to Arcadia Road.
BASEMENT
Extensive storage area beneath the shop with direct secure shutter access from Arcadia Road to the rear.
THE LEASE
A new lease is to be offered for a negotiable (but minimum 3 year) term at a commencing rental of £60,000 per annum, exclusive, on a full repairing basis.
ASSESSMENTS
Rateable Value:- £58,500
Business Rate Payable 2011/2012:- £25,330.50
As verbally advised by ELDC November 2011
SERVICES
Mains electricity, water and foul sewerage services are connected to the property.
VIEWING
Strictly by prior appointment with letting agents, Turner Evans Stevens, Skegness office.
COSTS
The ingoing tenant is to be responsible for the landlords legal costs in the preparation and execution of the lease.
PLANNING
Current use is a retail unit (Class A1) of the Use Classes Order. Interested parties should make theire own enquiries of the local planning authority, East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs, LN11 8UP, 01507 601111, in respect fo any aternative use for the premises.
Property Info: