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18 Station Street/1 Chapel Lane Spalding, PE11 1EF

£180,000


LOCATION
Ground Floor Retail Shop with Vacant Possession and separate First & Second Floor Two Bedroom Flat - (Flat Currently Let on AST) - Prominent Position overlooking Sheep Market - Total Net Internal Floor Area Approximately 55.51m² (598ft2) - Public Car Parking in the Sheep Market Adjacent

The property is situated in a good secondary trading location just off the Sheep Market in the town centre of Spalding. The property is also positioned on the main shopping route leading to Winsover Road. There is roadside car parking available to the front of the property and short stay public car parking available in the Sheep Market and nearby Victoria Street Car Park. The property lies within the Spalding Conservation Area

Spalding is a market town with a population of approximately 35,000 which has weekly markets on Tuesdays and Saturdays. The town is located with easy access via the A16 through to Peterborough to the south, together with connections to the A1, and the A17 to the north and Boston. Spalding enjoys a rail connection service to Peterborough from whence main line connections to London King’s Cross are readily available (minimum journey time 49 minutes).

DESCRIPTION
The property comprises of ground floor retail/office accommodation (approximately 12.97m deep and about 3.36m wide max.), with further storage and ancillary accommodation at the rear. A two bedroom flat with separate access via Chapel Lane is positioned on the first and second floors.

ACCOMMODATION
GROUND FLOOR (available with Vacant Possession):

FRONT SHOP/OFFICE: 13.37m deep x approximately 3.3m wide, plus triangular window display area. Carpet, fluorescent strip lights.

REAR STOCKROOM: 3.62m (maximum) x 2.28m (maximum) plus understairs area 1.3m x 0.8m, carpet, fluorescent strip light.
KITCHEN: 2.56m x 2.06m, vinyl floor tiles, fluorescent strip light, stainless steel sink unit with cupboard below, Triton electric water heater, worktop and inset unit and rear door.

REAR LOBBY: Wash hand basin and electric water heater.
SEPARATE WC: Low level WC.
Rear pedestrian access from Chapel Lane used in common with residential flat over.

RATEABLE VALUE: £7,000 (2023 List)

1 CHAPEL LANE, SPALDING PE11 1BP – 2 BEDROOM FLAT WITH SHOWER ROOM – CURRENTLY LET ON AST
FIRST & SECOND FLOOR
Direct access to the flat is via Chapel Lane, Spalding.
Stairs leading to 2 bedroom flat comprising fitted kitchen, lounge, dining room, shower room and with two bedrooms being located on the second floor. Further details on the lease are available from R Longstaff & Co LLP.
Current Rent Passing: £625 pcm. AST Date: September 2024

SERVICES
Mains water, electricity and drainage – separate for the ground / upper parts.

OTHER
LOCAL AUTHORITIES
South Holland District Council Priory Road, Spalding, Lincs. PE11 2XE CALL: 01775 761161
Anglian Water Customer Services PO Box 10642, Harlow, Essex, CM20 9HA CALL: 08457 919155
Lincolnshire County Council County Offices, Newland, Lincoln LN1 1YL CALL: 01522 552222

VIEWING
By Appointment only – contact R Longstaff & Co LLP Commercial Dept
Tel: 01775 765536 Email: commercial@longstaff.com


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