Bolingbroke Road, Louth

A Modern Mid-Terraced Industrial Unit situated on the popular Fairfield Industrial Estate available to rent or for sale with vacant possession.

Location - Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-operative, Morrison’s and Aldi.

This mid-terraced unit is situated on the popular Fairfield Industrial Estate which forms the centre of the business community, immediately to the north of the town. The property has easy access to the A16 trunk road, linking Louth to Grimsby, approx. 17 miles to the north. Access to the A180 and the Humber port is easily gained.

Ground Floor -

Entrance Hall - With alarm panel and uPVC double glazed entrance door.

Reception - 3.2m x 2.97m (10'5" x 9'8") - With uPVC double glazed windows.

Wc - With disabled facilities, WC and extractor fan.

Stock/Store Room - 2.96m x 3.37m (9'8" x 11'0") -

Kitchen - 2.46m x 2.26m (8'0" x 7'4") - With sink unit and cupboard space.

Stock/Store Room - 2.96m x 2.25m (9'8" x 7'4") -

First Floor -

Landing/Waiting Room - 4.18m x 2.69m (13'8" x 8'9") - With uPVC double glazed windows.

Office/Workshop - 7.18m x 4.22m (23'6" x 13'10") - With uPVC double glazed windows.

Outside - Parking for 3 vehicles to the frontage.

Services - Mains electricity, water and drainage services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants should make their own enquiries.

Rateable Value - Enquiry of the VOA website indicates:-
Description - Workshop and premises
Rateable Value - £6,300
Rating Authority - East Lindsey District Council.

Lease/Sale - The property is available for sale with vacant possession at an asking price of £120,000. Alternatively, the property is available to let on a new FRI lease on terms to be agreed at a rent of £750 per calendar month.

Legal Costs - The ingoing tenant will be responsible for the landlord's reasonable legal costs in relation to letting the property. Each party will be responsible for their own legal fees in relation to selling the property.

References - The usual bank, landlord and two trade references will be required.

Vat - Please note the rent may be subject to VAT.

Viewing - Strictly by appointment with the sole agents, TES Property.