2 Market Street, DN35 8LY

2 Market Street

Cleethorpes, DN35 8LY


Rent   £5,200 p.a (+ Service Charge & VAT)


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1997-Small 3.JPG

2 Market Street

Cleethorpes

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  • Description

    The property comprises end-terrace, single storey retail premises, which have the potential to provide flexible open-plan retail accommodation, but are currently split to provide ancillary stores with a small kitchen area to the rear.  An externally accessed, but private, WC is located in the courtyard area, shared with the neighbouring occupiers, to the rear.  To the rear of the property is a reasonably sized public car park, which will permit a single specified vehicle to be parked within it as part of this agreement.

    Nearby occupiers include JD Wetherspoon, Barclays Bank, KFC, William Hill and Ladbrokes, in addition to a large number of local retailers, licenced premises, restaurants and service providers.

  • Overview

    Flexible retail unit in close proximity to the Seafront

    Accommodation extending to approximately 46.4 sq m (498 sq ft) overall

    Comprising open-plan retailing area with store and kitchen

    Large display windows with security bars

    Includes parking for a specified vehicle in the car park to the rear

  • Location

    Cleethorpes is a popular town and tourist resort forming part of a larger Grimsby and Cleethorpes conurbation. The property is positioned within the primary leisure strip in Cleethorpes town centre, in close proximity to the Seafront, train station and Market Square. St Peters Avenue, considered to be the primary retail pitch in the town, adjoins Market Street (via Short Street) to the west, with Sea Road providing a direct thoroughfare to the North and Central Promenades to the east.

  • Accommodation

    In more detail the accommodation comprises

    Retail                                 31.3 sq m       (        337 sq ft)

    Ancillary                            15.1 sq m       (        161 sq ft)

  • Disposal Terms

    The premises are offered To Let for a term of years expiring on the 31 December 2023, with annual break options on the 1 January each year and a rent review on the 1 January 2022, on an effective full repairing and insuring basis (tenant remains responsible for windows, doors and their frames) at a rent of £5,200 (plus VAT) per annum. The property is subject to a Service Charge, currently reflecting approximately £50 (plus VAT) per calendar month, which covers external repairs, site management and maintenance of communal areas.

  • Other Info

    RATEABLE VALUE

    The new occupier will be responsible for the payment of Business Rates at the property.  The premises are listed within the Rating List as ‘Shop & Premises’ with a Rateable Value of £4,300 (Source: VOA website), although the premises will require reassessment should a change of use take place.  The new occupier may be eligible for an element of Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.

    LEGAL COSTS

    The ingoing Tenant will be responsible for all parties reasonable legal fees incurred in this transaction, together with any Stamp Duty Land Tax that may be payable.

    ENERGY PERFORMANCE RATING:  Awaiting Confirmation

    FURTHER INFORMATION AND TO VIEW

    Contact:  Andrew Parker  andrew@scotts-property.co.uk 07525 813963 or Lawrence Brown  lawrence@scotts-property.co.uk  07710 312712

Overview
Description
Accommodation
Terms
Other Info

Flexible retail unit in close proximity to the Seafront

Accommodation extending to approximately 46.4 sq m (498 sq ft) overall

Comprising open-plan retailing area with store and kitchen

Large display windows with security bars

Includes parking for a specified vehicle in the car park to the rear

The property comprises end-terrace, single storey retail premises, which have the potential to provide flexible open-plan retail accommodation, but are currently split to provide ancillary stores with a small kitchen area to the rear.  An externally accessed, but private, WC is located in the courtyard area, shared with the neighbouring occupiers, to the rear.  To the rear of the property is a reasonably sized public car park, which will permit a single specified vehicle to be parked within it as part of this agreement.

Nearby occupiers include JD Wetherspoon, Barclays Bank, KFC, William Hill and Ladbrokes, in addition to a large number of local retailers, licenced premises, restaurants and service providers.

In more detail the accommodation comprises

Retail                                 31.3 sq m       (        337 sq ft)

Ancillary                            15.1 sq m       (        161 sq ft)

The premises are offered To Let for a term of years expiring on the 31 December 2023, with annual break options on the 1 January each year and a rent review on the 1 January 2022, on an effective full repairing and insuring basis (tenant remains responsible for windows, doors and their frames) at a rent of £5,200 (plus VAT) per annum. The property is subject to a Service Charge, currently reflecting approximately £50 (plus VAT) per calendar month, which covers external repairs, site management and maintenance of communal areas.

RATEABLE VALUE

The new occupier will be responsible for the payment of Business Rates at the property.  The premises are listed within the Rating List as ‘Shop & Premises’ with a Rateable Value of £4,300 (Source: VOA website), although the premises will require reassessment should a change of use take place.  The new occupier may be eligible for an element of Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.

LEGAL COSTS

The ingoing Tenant will be responsible for all parties reasonable legal fees incurred in this transaction, together with any Stamp Duty Land Tax that may be payable.

ENERGY PERFORMANCE RATING:  Awaiting Confirmation

FURTHER INFORMATION AND TO VIEW

Contact:  Andrew Parker  andrew@scotts-property.co.uk 07525 813963 or Lawrence Brown  lawrence@scotts-property.co.uk  07710 312712

2 Market Street

Cleethorpes , DN35 8LY


Cleethorpes is a popular town and tourist resort forming part of a larger Grimsby and Cleethorpes conurbation. The property is positioned within the primary leisure strip in Cleethorpes town centre, in close proximity to the Seafront, train station and Market Square. St Peters Avenue, considered to be the primary retail pitch in the town, adjoins Market Street (via Short Street) to the west, with Sea Road providing a direct thoroughfare to the North and Central Promenades to the east.

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