Grocery & Local Shops for sale in PE11, Spalding

Commercial Property in PE11 available for sale

Retail Properties for Sale Near the PE11, Spalding

36-37 Hall Pl

Spalding, PE11 1SG

Retail for Sale
£525,000
6,550 sq ft

Spalding Retail for Sale

37 Hall Place presents a rare opportunity to acquire a distinguished, income-producing asset in the very heart of Spalding’s town centre. Positioned prominently on the corner of Hall Place and Market Place, this Grade II listed brick and slate building enjoys exceptional visibility and footfall in one of the area’s most established commercial settings. The property combines architectural character with long-term stability, offering investors the security of a recently agreed lease to Lloyds Bank Plc, one of the UK’s most recognisable and creditworthy financial institutions. Set within a highly walkable retail environment, the property benefits from consistent daily activity generated by national retailers, independent traders, markets, and nearby civic amenities. Its frontage onto two key thoroughfares ensures strong dual-aspect exposure, reinforcing the site’s strategic value in a supply-constrained heritage town centre. Internally, the asset provides well-configured banking and office accommodation, supported by additional storage and basement areas, with the flexibility to introduce a self-contained first-floor access point subject to consents. The new 5-year FRI lease commencing 1 December 2025 underpins the asset with secure income and clearly defined responsibilities, further enhanced by a tenant-only break option in late 2028. With an attractive gross yield of 8.5% at the asking price of £525,000 and an EPC rating of B valid until 2034, the property is ideally positioned for investors seeking a dependable, well-located asset with long-term relevance in a stable market. The combination of listed-building charm, national covenant strength, and immediate town-centre prominence makes 37 Hall Place a standout acquisition for both private and institutional buyers

Contact:

The Culshaw Partnership

Property Subtype:

Bank

Date on Market:

09/03/2026

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30 The Crescent

Spalding, PE11 1AF

Retail for Sale
£180,000
1,608 sq ft

24 Hour Access

Spalding Retail for Sale - South Holland

For the last 30 years the property has been used as a Chinese Restaurant by the present owner and their family. The property has an extensive kitchen at the rear, with adjacent dry stores, and further stores at basement level. The first floor provides WC facilities and further ancillary storage and has a shower-room, and therefore could also be used as a Manager´s flat. There is a full staircase to the attic, which is at present only in basic order and is used for further storage. The building therefore has potential for continued Restaurant use or for conversion to Residential use. Interested parties are advised to make their own enquiries as to what Planning Permission may be required via South Holland District Council - Planning Department on .