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12 Queen St 2,728 sq ft of Assignment Available in Louth LN11 9AU
ASSIGNMENT HIGHLIGHTS
- Entertainment venue offering drinks, music and interactive games
- Two self-contained flats included, currently let at £550 and £650 per calendar month
- Business available as a going concern
- Stock for sale at valuation
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| Ground | 2,728 sq ft | Jul 2030 | £8.06 /sq ft pa £0.67 /sq ft pcm £22,000 pa £1,833 pcm | Fully Repairing & Insuring |
Ground
Exciting opportunity to acquire Cascade, a lively entertainment venue in the heart of Louth, offering drinks, music, interactive games, and two income-generating flats upstairs. Available as a going concern with fixtures, fittings, stock and goodwill included, plus all gaming machines on 50/50 profit share contracts.
- Use Class: E
- Assignment space available from current tenant
- Partially Fit-Out as Specialist Space
- Located in-line with other retail
- Space is in Excellent Condition
- Secure Storage
- Exclusive WC facilities
- Business for sale
- Wide range of entertainment
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 agent 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.
SELECT TENANTS AT 12 QUEEN ST, LOUTH, LIN LN11 9AU
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Cascade
- Retailer
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Cascade | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,728 sq ft | Net Internal Area (NIA) | 2,728 sq ft |
| Property Type | Retail | Year Built | 1931 |
| Property Subtype | Restaurant |
| Total Space Available | 2,728 sq ft |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Net Internal Area (NIA) | 2,728 sq ft |
| Year Built | 1931 |
ABOUT THE PROPERTY
The property located on Queen Street, close to the junction with Aswell Street in Louth town centre. Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-operative, Morrison’s and Aldi.
- Storage Space
Presented by
12 Queen St
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