About this property
The property is prominently located centrally within Wragby, a busy Town located along the A158 Lincoln to Skegness road. The subject property fronts onto Bardney Road overlooking the Market Square. The Town Centre benefits from a range of local businesses, including a Co-operative Supermarket, Butchers, various Hot Food Takeaway Outlets and Public Houses. Wragby has a population of circa. 2,500 residents.
Prominently located Two-Storey Retail/Catering Premises – We are pleased to offer ‘To Let’ this very well-presented Two-Storey Retail Property which, until recently, has successfully traded as a Coffee Shop/Café, but is considered suitable for a variety of alternative uses. The property benefits from being detached and having adjoining Workshops/Stores in addition to the ground and first floor having a Kitchen/Serving Area, together with dining space at ground and first floor level. Whilst the premises are currently equipped for catering purposes, the property is considered suitable for a variety of retail/business uses. All business fixtures and fittings are available by separate negotiation if required.
The very well-presented two-storey building has, until recently, traded as a successful coffee shop with kitchen and dining space at ground floor level, together with a disabled access WC and additional stores. At first floor level, the accommodation is currently equipped to provide dining space.
All business fixtures and fittings are available by separate negotiation if required. Further details are available on request.
This immaculately presented property briefly comprises;
Entrance Lobby with WC Compartment and Store Room off.
Kitchen/Dining/Retail Space – 9.1m x 3.9m
Currently fully equipped to catering standard with newly fitted base units and ancillary catering equipment, including a refrigerated display counter, sink unit etc. The remainder of this open-plan ground floor space has most recently been used to accommodate tables and chairs.
Store Room – 2.8m x 4.4m
With light and power and double doors out onto Market Place. Also equipped with catering equipment and very well-presented.
In addition, there is a further ground floor Storage Area extending to 1.5m x 4.4m. Finished to a more basic specification and considered suitable for storage, also having access directly onto Market Place.
Open-Plan Retail/Dining Area – 9m x 4m
With windows to three elevations providing a wealth of natural light and immaculately presented.
Mains drainage, electricity and water are understood to be connected and available. Electric heaters are installed throughout.
EPC Rating – D.
The property is available to ‘To Let’ under the terms of a new Lease for a term of years to be agreed at a rental of £500 pcm, exclusive of Business Rates and all other outgoings. The Tenant would be responsible for the building on a Full Repairing & Insuring Basis. A deposit may also be payable.
Rateable Value – £6,100
In the event that a full rating liability is required, the current rates payable would be approximately £3,074 per annum (Rate to the pound for 2019/20 is 50.4 pence).
Prospective occupiers are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
The ingoing Tenant will be responsible for a referencing fee of £100 inc VAT together with a Lease production fee of £200 inc VAT.
Street parking or alternatively, parking is available on the Market Square.
By prior appointment through Mundys Commercial – 01522 556088 or 01673 847487