Commercial Property in Spilsby available for sale
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Commercial Property for Sale near the Spilsby, UK

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Commercial Properties for Sale Within 5 miles of the Spilsby, UK

More details for 27-29 Church Rd, Old Leake - Retail for Sale

27-29 Church Rd

Old Leake, PE22 9NS

  • Retail for Sale
  • £175,000
  • 5,112 sq ft
  • Energy Performance: C

Old Leake Retail for Sale

The property is available For Sale Freehold, with vacant possession on completion. The property will be sold with an overage in place, under which, if the purchaser or a successor in title is able to secure Planning Permission for an additional new build residential development on the land to the rear, then a payment will be due on implementation of this Planning Permission, equating to 50% of any uplift in value arising from the grant of the Planning Permission. This will last for a period of 20 years following completion of the purchase.

Contact:

Eddisons

Property Subtype:

Shopfront Retail / Residential

Date on Market:

10/02/2025
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LoopNet UK Lincolnshire Commercial Properties For Sale in Spilsby, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Spilsby

See All Properties For Sale
How many Commercial Property listings are available for sale in Spilsby?
There are currently 1 Commercial Properties available for sale near Spilsby. These Spilsby Commercial Property listings have an average size of 1,024 sq ft. The largest available listing in Spilsby is 1,024 sq ft. The thriving commercial centre and excellent transport links in Spilsby make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Spilsby?
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 Spilsby currently range from £190 to £190 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Spilsby?
There is a diverse range of commercial properties available in Spilsby to suit various business needs. Spilsby offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Spilsby 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 Spilsby, UK

Market Overview for Commercial Properties in Spilsby

Key information for Commercial Properties investors in Spilsby 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
Spilsby £190 1,024 sq ft
Old Leake £26 5,112 sq ft
Burgh Le Marsh £108 3,603 sq ft
Boston £178 5,171 sq ft
Skegness £96 4,118 sq ft

Rental Price Trends in Spilsby

The price per square foot range for Commercial Properties in Spilsby 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
Spilsby £190 £190 £190
Old Leake £26 £26 £26
Burgh Le Marsh £108 £108 £108
Boston £22 £178 £623
Skegness £40 £96 £221

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Spilsby 1,024 sq ft 1,024 sq ft 1,024 sq ft
Old Leake 5,112 sq ft 5,112 sq ft 5,112 sq ft
Burgh Le Marsh 3,603 sq ft 3,603 sq ft 3,603 sq ft
Boston 722 sq ft 5,171 sq ft 13,024 sq ft
Skegness 2,035 sq ft 4,118 sq ft 7,470 sq ft

You searched for commercial property for sale in Spilsby. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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