* Good Transport Links
* Freehold
**Location**
This property is situated along North Street in the town centre of Crowland.
Crowland is a growing town that dates back to the 7th Century and benefits
from a recently completed bypass. Crowland is located approximately 10 miles
north east of Peterborough, 8 miles east of Market Deeping, 10 miles south of
Spalding and benefits from good transport links with the A47 and A16 close by.
**Description**
This ground floor unit comprises a main retail area, seperate office and W. C
and kitchenette to the rear. The property benefits from a prominent shop
frontage, tiled floor and street parking to the front.
**Tenancy information**
13 North Street is let to City & County UK Limited on a 10 year internal
repairing and insurance lease commencing on the 1st May 2021 at a current rent
of £12, 500 plus VAT per annum. There is a rent review on the 30th April 2024
and tenant break option on the 30 April 2026. Please contact the agent for
more information.
**Accommodation**
We have been informed that the net internal floor area is as followed;
NIA - 58. 73 Sq m (632 Sq ft)
**Services**
We understand that mains electric, water and drainage are connected. None of
the heating systems or any other plant and equipment have been tested by
Commercial List and prospective purchasers must rely on their own
investigations as to their existence and condition.
**Business rates**
From enquiries made though the Valuation Office website, we understand that
the following rating assessment applies;
Rateable value: £9, 200
This property is eligible for small business rates relief. However interested
parties should make their own enquiries as to the amount of rates payable.
**Terms**
The property is for sale on a long leasehold of 999 years subject to the
current tenancy in place at an asking price of £159, 000 plus VAT. The freehold
title for 11 - 13 North Street will be offered with the 13 North Street title
for a small additional consideration of £1, 500 + VAT.
EPC;
Energy rating: C
**VAT**
We understand that VAT will be charged on the asking price.
**Legal costs**
Each party to pay their own legal costs incurred.
**Viewing**
For an appointment to view or further information please contact the agent.

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