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Commercial property for sale

Market Place, Caistor, LN7


Interested in this property? Call us on 01673 843011

Property features

  • Well presented
  • Investment opportunity
  • Freehold commercial property
  • Potential for a self contained flat above
  • Prominent position in historic market square
  • Generates an income of £5,500 per annum

Property location

Property description

Perkins George Mawer are pleased to offer for sale this well presented investment opportunity. The Paper Shop is situated in a prominent position within the popular town of Caistor and is a tastefully restored freehold commercial property set over three floors. The property is currently Let on Assured Shorthold Tenancy and generating a gross income in the region of £5,500. The shop benefits from free parking on the historic square and has the potential to have a self-contained flat above (subject to the necessary planning). The square also boasts Boots the chemist, wine bar and several boutique shops. Benefitting from gas central heating and timber sash windows.

Caistor is a small market town situated on the northern edge of the Lincolnshire Wolds and has facilities to include, primary school, Caistor Yarborough School, Caistor Grammar School, shopping facilities as well as a sports ground and leisure facilities.
The Ports of Grimsby and Immingham, the Humber Bank, Humberside International Airport and the M180 motorway link are within commuting distance.

The property is situated in the historic market square of Caistor within the Conservation Area but the property is not listed and was saved from complete dilapidation some years ago with a full refurbishment programme. There is no rear yard. There is rear access.

The Paper Shop - An excellent opportunity to acquire a freehold shop with office space split over three floors. Total square footage 843 sq ft. EPC C.

Ground Floor:

Shop Space: 20'6" x 13'8" (6.25m x 4.17m)
Having display window to the front elevation and staircase to the first floor.

First Floor: 13'8" x 13'5" (4.17m x 4.09m)
Landing Incorporating staircase with power and lighting and having sash window to the front elevation.

Office Area:
Having built in storage cupboard, sash window to the front and side elevation.

Top Floor:
Landing and having sash window to the front elevation.

Stock Room: 11'6" x 11'5" (3.51m x 3.48m)
Having gas boiler room off and sash window to the front elevation.

Having wall mounted hand wash basin and low level WC.

The shop and flat have mains water, electricity and drainage. Gas central heating system.

Rateable Value:
According to the vendor, the shop is exempt from business rates at this time.

Tenure & Possession:
The property is freehold.

Brochure Details:
This brochure including photography was prepared by Perkins, George Mawer & Co. In accordance with the seller's instructions of June 2018.

Strictly through the Selling Agents at their Market Rasen office. Tel: 01673 843011

Opening Hours:
Monday to Friday : 9 am to 5.15 pm - Saturday 9 am to 12.00 pm

Interested in this property? Call us on 01673 843011
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01673 843011

Weekdays: 9:00am - 5:15pm
Saturday: 9:00am – 12noon

Corn Exchange Chambers, Queen Street, Market Rasen LN8 3EH

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