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22 Mercer Row
2,164 SF of Retail Space Available in Louth LN11 9JQ
Highlights
- The property comprises a mid-terraced, predominantly Retail Unit spread over three floors.
- The subject property is located in the centre of the Town in an excellent trading opportunity.
- Louth is a popular Market Town located in the East Lindsey district in Lincolnshire, approximately 14 miles South of Grimsby
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,164 SF | 5-15 Years | $14.62 /SF/YR $1.22 /SF/MO $157.41 /m²/YR $13.12 /m²/MO $2,637 /MO $31,645 /YR | Fully Repairing & Insuring |
Ground
Terms RENTAL TERMS The property is available at a rent of £25,000 per annum exclusive of VAT and buildings insurance premium. LEASE TERMS A new effective full repairing and insuring lease for a minimum term of 5 years.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Energy Performance Rating - D
- Demised WC facilities
- New lease available
- Excellent trading location
- Available immediately
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 22 Mercer Row , Louth, LIN LN11 9JQ
| Property Type | Retail | Gross Leasable Area | 2,957 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1990 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,957 SF |
| Year Built | 1990 |
About the Property
Detailed Description The property comprises a mid-terraced, predominantly Retail Unit spread over three floors. Internally, the ground floor has been subdivided to create a sales area and three offices. We believe that the majority of the existing ground floor walls are stud partitions which could be removed to increase the size of the Retail area substantially. The first floor has been sub-divided to create seven offices/consultation rooms, 2 x WC's and a kitchen. The second floor is primarily storage space with a staff room and WC.
- Energy Performance Rating - D
Nearby Major Retailers
-
James Cameron -
William Gaunt -
Brown & Co Property and Business Consultants LLP
Learn More About Leasing Retail Properties
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22 Mercer Row
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