Commercial Property in Mareham le Fen available for sale
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Commercial Property for Sale near Mareham le Fen, Boston

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Commercial Properties for Sale Within 5 miles of the Mareham le Fen, Boston

More details for 11 Market Pl, Tattershall - Retail for Sale

11 Market Pl

Tattershall, LN4 4LQ

  • Retail for Sale
  • £725,000
  • 4,987 sq ft

Tattershall Retail for Sale

Investment Consideration: Gross Initial Yield: 7.09% Rental Income: £51,400 p.a. VAT is applicable to this property Commercial premises let until February 2034. No breaks. Rent review in 2029 Comprises ground floor takeaway premises t/a Domino`s Pizza and 3 residential dwellings Residential units include 1 x 1-bed, 1 x 2-bed flats and a 3-bed three-storey townhouse Occupiers nearby including Co-Op Food, Age UK, Public House, Barber Shop and others. Property Description: The property comprises large ground floor takeaway premises t/a Domino`s Pizza and 3 residential dwellings (1 x 1-Bed, 1 x 2-Bed Flats and a 3-Bed Townhouse). The property benefits from communal yard at rear and customer seating at front, providing the following accommodation and dimensions: Ground Floor Takeaway: 112 sq m (1,205 sq ft) Open plan seating, kitchen, office, storage, customer and staff wc`s Flat 11A: 70 sq m (753 sq ft) 2 bedrooms, kitchen/living room, bathroom Flat 11B: 50 sq m (538 sq ft) 1 bedrooms, kitchen/living room, bathroom House 11C: 100 sq m (1,076 sq ft) 3 bedrooms, kitchen/living room, 2 bathrooms Total Commercial GIA: 112 sq m (1,205 sq ft) Total Residential GIA: 220 sq m (2,376 sq ft) Tenancy: The ground floor takeaway is at present let to DP Realty Limited for a term of 10 Years from 2nd February 2024 at a current rent of £25,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 02.02.29 open market upward only. No breaks. Flat 11A is at present on a Periodic Tenancy to an Individual at a current rent of £9,000 p.a. Deposit held of £865.39. Flat 11B is at present on a Periodic Tenancy to an Individual at a current rent of £7,800 p.a. Deposit held of £750. House 11A is at present on a Periodic Tenancy to an Individual at a current rent of £9,600 p.a. Deposit held of £923. Location: Tattershall is a village and civil parish in the East Lindsey district of Lincolnshire. It is situated on the A153 Horncastle to Sleaford road. The property is situated in the heart of the village, with occupiers nearby including Co-Op Food, Age UK, Public House and others.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Restaurant

Date on Market:

29/04/2026
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LoopNet UK Lincolnshire Boston Commercial Properties For Sale in Mareham le Fen, Boston, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Mareham le Fen

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How many Commercial Property listings are available for sale in Mareham le Fen?
There are currently 0 Commercial Properties available for sale near Mareham le Fen. These Mareham le Fen Commercial Property listings have an average size of. The largest available listing in Mareham le Fen is. The thriving commercial centre and excellent transport links in Mareham le Fen make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Mareham le Fen?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Mareham le Fen currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Mareham le Fen?
There is a diverse range of commercial properties available in Mareham le Fen to suit various business needs. Mareham le Fen offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Mareham le Fen commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Mareham le Fen, Boston

Market Overview for Commercial Properties in Mareham le Fen

Key information for Commercial Properties investors in Mareham le Fen and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Tattershall £107 4,987 sq ft
Horncastle £43 92,973 sq ft
Spilsby £115 3,852 sq ft
Louth £108 1,186 sq ft
South Cockerington £180 494 sq ft

Rental Price Trends in Mareham le Fen

The price per square foot range for Commercial Properties in Mareham le Fen and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Tattershall £107 £107 £107
Horncastle £10 £43 £79
Spilsby £39 £115 £190
Louth £31 £108 £233
South Cockerington £180 £180 £180

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Mareham le Fen area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Tattershall 4,987 sq ft 4,987 sq ft 4,987 sq ft
Horncastle 1,588 sq ft 92,973 sq ft 182,385 sq ft
Spilsby 1,024 sq ft 3,852 sq ft 6,680 sq ft
Louth 450 sq ft 1,186 sq ft 2,840 sq ft
South Cockerington 494 sq ft 494 sq ft 494 sq ft

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