Property for sale in Market Place, Spalding

Property - £525,000

Market Place, Spalding

First listed on: 28th April 2020

Nearest stations: Spalding (0.3 mi)

Interested in this property? Call See phone number 01205 365032

Property Features

  • Prime Town Centre Location
  • Private Car Park
  • Net Internal Area approx 7185 sq ft
  • Distinguished Architectural Frontage
  • Potential Development Opportunity (STP)

Property Description

A prominent four storey Office premises situated in a Prime location in the Town Centre with a Car Park. This well known Grade 2 Listed property provides extensive Display Frontage to the Market Place and has nearby occupiers including New Look, HSBC, Nationwide, WH Smith, Costa Coffee and Peacocks. The size and scale of the premises may present development opportunities such as residential conversion to the upper floors, subject to planning consent being granted.

DESCRIPTION

This finely designed Office premises with ground floor display frontage is situated in the heart of the Prime retailing area of the Town Centre and provides vast accommodation across four storeys together with the rare benefit of a major private car park directly behind, also included in the sale.The property has for many years been owned and occupied by the Former Partners of Calthrops Solicitors and occupied by the firm. The former partners are now retiring or preparing for retirement.The sale presents a rare opportunity to acquire a distinctive prime unit in the Town Centre with its own private car park.

ACCOMMODATION

The property consists of four floors, the floor areas are measured on a Net Internal Area, all measurements are approximate.Basement Cellar 1 19.1(m2) 206(ft2)Basement Cellar 2 56.3(m2) 606(ft2)Ground Floor Retail/Reception - Zone A 52.3(m2) 563(ft2)Ground Floor Reception/Retail - Zone B 36.8(m2) 396(ft2)Ground Floor WC

Lower Ground Floor Strong Room 22.7(m2) 244(ft2)Lower Ground Floor Kitchen 10.0(m2) 108(ft2)Lower Ground Floor Boardroom 23.7(m2) 256(ft2)Lower Ground Floor Office 15.6(m2) 168(ft2)Lower Ground Floor Gents WCLower Ground Floor Store 27.7(m2) 298(ft2)Lower Ground Floor Store (no natural light) 7.1(m2) 77(ft2)Lower Ground Floor Strong Room 10.4(m2) 112(ft2)Upper Ground Floor Office 9.8(m2) 105(ft2)Upper Ground Floor Office 13.0(m2) 140(ft2)Upper Ground Floor Office 12.7(m2) 137(ft2)Upper Ground Floor Ladies WCUpper Ground Floor Office 16.5(m2) 177(ft2)Upper Ground Floor Office 63.1(m2) 680(ft2)Upper Ground Floor Office 15.9(m2) 172(ft2)Upper Ground Floor Office 13.1(m2) 141(ft2)

First Floor Office 15.4(m2) 165(ft2)First Floor Office 26.8(m2) 288(ft2)First Floor Office 20.1(m2) 217(ft2)First Floor Office 12.7(m2) 137(ft2)Second Floor Office 27.4(m2) 295(ft2)Second Floor Office 14.5(m2) 156(ft2)Second Floor Office 17.3(m2) 186(ft2)Second Floor Office 16.2(m2) 175(ft2)Third Floor Store 14.4(m2) 155(ft2)Third Floor Store 12.3(m2) 132(ft2)Third Floor Store 15.9(m2) 172(ft2)Third Floor Store 16.8(m2) 181(ft2)Third Floor Store 17.8(m2) 191(ft2)The property is heated by a gas fired boiler situated in an outbuilding in the quadrangle.

EXTERNAL

To the rear of the premises there is a car park with approximately16 spaces accessed from Drapers Place. From the first floor, a fire escape leads to an external staircase into the car park. The property also has the benefit of a quadrangle, almost midway to the ground floor.

TENURE

Freehold. The property is currently occupied by the Solicitors at a rent of £48,000pa

BUSINESS RATES

We understand from the VOA website that the current Rateable Value assessment is £41,000 per annum. Prospective purchasers are advised to contact South Holland District Council to verify the total amount of business rates payable. (Tel : 01775 761161, selecting option four, followed by option two).

PLANNING

South Holland District Council (01775) 764470 have informed us the current use class is A2. Under the permitted development rights, they will permit A1 usage due to the ground floor display window, subject to current policy. Buyers are advised to consult with South Holland District Council Planning Department to ensure the property is suitable for their required usage.

LEGAL COSTS

Each party to be responsible for their own costs.

VAT

The sellers reserve the right to charge vat at the prevailing rate.

VIEWINGS

By prior appointment with the sole selling agents, Bruce Mather Ltd (Tel: 01205 365032 Option 3)

AGENTS NOTE

The property is situated in a Conservation Area and is a Grade II Listed structure. The third floor would benefit from a scheme of modernisation and works.Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent.All properties are offered subject to contract or formal lease offered subject to not being previously sold or withdrawn; these particulars are issued on the understanding that all negotiations are conducted through Bruce Mather Limited.

Bruce Mather Limited for themselves and for Sellers and Lessors of this property whose Agent they are give notice that:- 1) the particulars, whilst believed to be accurate, are set out as a general outline for intended buyers or lessees and do not constitute nor constitute part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers or Tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) no person in the employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatever in relation to this property.

Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent. All properties are offered subject to contract or formal lease. Bruce Mather Limited, for themselves and for Sellers and Lessors of this property whose Agent they are, give notice that:- 1) These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers or Tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) No person in this employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.

A prominent four storey Office premises situated in a Prime location in the Town Centre with a Car Park. This well known Grade 2 Listed property provides extensive Display Frontage to the Market Place and has nearby occupiers including New Look, HSBC, Nationwide, WH Smith, Costa Coffee and Peacocks. The size and scale of the premises may present development opportunities such as residential conversion to the upper floors, subject to planning consent being granted.

DESCRIPTION

This finely designed Office premises with ground floor display frontage is situated in the heart of the Prime retailing area of the Town Centre and provides vast accommodation across four storeys together with the rare benefit of a major private car park directly behind, also included in the sale.The property has for many years been owned and occupied by the Former Partners of Calthrops Solicitors and occupied by the firm. The former partners are now retiring or preparing for retirement.The sale presents a rare opportunity to acquire a distinctive prime unit in the Town Centre with its own private car park.

ACCOMMODATION

The property consists of four floors, the floor areas are measured on a Net Internal Area, all measurements are approximate.Basement Cellar 1 19.1(m2) 206(ft2)Basement Cellar 2 56.3(m2) 606(ft2)Ground Floor Retail/Reception - Zone A 52.3(m2) 563(ft2)Ground Floor Reception/Retail - Zone B 36.8(m2) 396(ft2)Ground Floor WC

Lower Ground Floor Strong Room 22.7(m2) 244(ft2)Lower Ground Floor Kitchen 10.0(m2) 108(ft2)Lower Ground Floor Boardroom 23.7(m2) 256(ft2)Lower Ground Floor Office 15.6(m2) 168(ft2)Lower Ground Floor Gents WCLower Ground Floor Store 27.7(m2) 298(ft2)Lower Ground Floor Store (no natural light) 7.1(m2) 77(ft2)Lower Ground Floor Strong Room 10.4(m2) 112(ft2)Upper Ground Floor Office 9.8(m2) 105(ft2)Upper Ground Floor Office 13.0(m2) 140(ft2)Upper Ground Floor Office 12.7(m2) 137(ft2)Upper Ground Floor Ladies WCUpper Ground Floor Office 16.5(m2) 177(ft2)Upper Ground Floor Office 63.1(m2) 680(ft2)Upper Ground Floor Office 15.9(m2) 172(ft2)Upper Ground Floor Office 13.1(m2) 141(ft2)

First Floor Office 15.4(m2) 165(ft2)First Floor Office 26.8(m2) 288(ft2)First Floor Office 20.1(m2) 217(ft2)First Floor Office 12.7(m2) 137(ft2)Second Floor Office 27.4(m2) 295(ft2)Second Floor Office 14.5(m2) 156(ft2)Second Floor Office 17.3(m2) 186(ft2)Second Floor Office 16.2(m2) 175(ft2)Third Floor Store 14.4(m2) 155(ft2)Third Floor Store 12.3(m2) 132(ft2)Third Floor Store 15.9(m2) 172(ft2)Third Floor Store 16.8(m2) 181(ft2)Third Floor Store 17.8(m2) 191(ft2)The property is heated by a gas fired boiler situated in an outbuilding in the quadrangle.

EXTERNAL

To the rear of the premises there is a car park with approximately16 spaces accessed from Drapers Place. From the first floor, a fire escape leads to an external staircase into the car park. The property also has the benefit of a quadrangle, almost midway to the ground floor.

TENURE

Freehold. The property is currently occupied by the Solicitors at a rent of £48,000pa

BUSINESS RATES

We understand from the VOA website that the current Rateable Value assessment is £41,000 per annum. Prospective purchasers are advised to contact South Holland District Council to verify the total amount of business rates payable. (Tel : 01775 761161, selecting option four, followed by option two).

PLANNING

South Holland District Council (01775) 764470 have informed us the current use class is A2. Under the permitted development rights, they will permit A1 usage due to the ground floor display window, subject to current policy. Buyers are advised to consult with South Holland District Council Planning Department to ensure the property is suitable for their required usage.

LEGAL COSTS

Each party to be responsible for their own costs.

VAT

The sellers reserve the right to charge vat at the prevailing rate.

VIEWINGS

By prior appointment with the sole selling agents, Bruce Mather Ltd (Tel: 01205 365032 Option 3)

AGENTS NOTE

The property is situated in a Conservation Area and is a Grade II Listed structure. The third floor would benefit from a scheme of modernisation and works.Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent.All properties are offered subject to contract or formal lease offered subject to not being previously sold or withdrawn; these particulars are issued on the understanding that all negotiations are conducted through Bruce Mather Limited.

Bruce Mather Limited for themselves and for Sellers and Lessors of this property whose Agent they are give notice that:- 1) the particulars, whilst believed to be accurate, are set out as a general outline for intended buyers or lessees and do not constitute nor constitute part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers or Tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) no person in the employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatever in relation to this property.

Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent. All properties are offered subject to contract or formal lease. Bruce Mather Limited, for themselves and for Sellers and Lessors of this property whose Agent they are, give notice that:- 1) These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers or Tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) No person in this employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.

Read more

Useful Statistics In Your Area

We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.

Price Trends

Local Statistics

Property Location

Property Street View

Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
29/04/2020 Property listed at £525,000

Property Floorplans

Floorplan More Information

Schools

Disclaimer

Disclaimer Property reference VE_29614725. Details are provided and maintained by Bruce Mather Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

6 Pump Square

Boston

Lincolnshire

PE21 6QW

Telephone: See phone number 01205 365032

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Disclaimer

Disclaimer Property reference VE_29614725. Details are provided and maintained by Bruce Mather Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

Mortgage Calculator

Calculate the cost of a mortgage for your new home based on available data.

£ 0 per month
Get a free mortgage in principle
Thinking of selling or renting your property?
Get a instant valuation today!

This property is marketed by

6 Pump Square

Boston

Lincolnshire

PE21 6QW

Telephone: See phone number 01205 365032

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Free Instant Valuation

Find out more about the value of your property

Register For Free

Create an account for free today to unlock some great features of Net House Prices.

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability
Show Sidebar
Free House Valuation

More Information Instant House Valuation With your local agents