Retail in Lincolnshire available for sale
47

Retail Properties for Sale in Lincolnshire

Find Retail Property for sale in Lincolnshire that meets your business or investment goals

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

More details for Main Rd, Algarkirk - Retail for Sale

The Case Has Altered - Main Rd

Algarkirk, PE20 2LH

  • Retail for Sale
  • £250,000
  • 2,638 sq ft
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More details for 24 Westgate, Grantham - Retail for Sale

24 Westgate

Grantham, NG31 6LX

  • Retail for Sale
  • £85,500
  • 483 sq ft
  • 1 Unit Available
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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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More details for 36-37 Hall Pl, Spalding - Retail for Sale

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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More details for 124 Victoria Rd, Mablethorpe - Retail for Sale

124 Victoria Rd

Mablethorpe, LN12 2AJ

  • Retail for Sale
  • £180,000
  • 1,764 sq ft
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More details for 14A Market Pl, Alford - Retail for Sale

14A Market Pl

Alford, LN13 9EB

  • Retail for Sale
  • £120,000
  • 1,022 sq ft
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More details for Retail for Sale

40-41 St. Peters Hl

Grantham

  • Retail for Sale
  • £350,000
  • 2,618 sq ft
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More details for St. Peters Hill, Grantham - Retail for Sale

St. Peters Hill

Grantham, NG31 6QF

  • Retail for Sale
  • £350,000
  • 2,618 sq ft

Grantham Retail for Sale

Investment Consideration: Gross Initial Yield: 8.00% Rental Income: £28,000 p.a. VAT is NOT applicable to this property Comprises two-storey retail premises t/a Savers. Tenant in occupation for 20+ years. Situated at the junction of St Peters Hill and the High Street and forms part of the principal retail amenity of Grantham, which in turn is one of the principal towns in South Lincolnshire. Nearby occupiers include Boots, Superdrug, B&M and Clarks. Property Description: Comprises two-storey retail premises t/a Savers. The property benefits from rear exit and provides the following accommodation and dimensions: Ground Floor: Open plan retail, storage, ancillary, First Floor: Office, staff rooms, kitchen, storage, wc Total GIA: 243 sq m (2,618 sq ft) Tenancy: The property is at present let to Savers Health and Beauty Limited* for a term of 5 Years from 23rd June 2023 at a current rent of £28,000 p.a. and the lease contains full repairing and insuring covenants. Tenant break option in 2026 NOT exercised. Tenant benefits from 3 months rent free in exchange for not exercising the 2026 break clause. The rent-free is for the period 24.06.26 to 28.09.26. The vendor would top up rent (~£7,350) so the buyer receives the equivalent to £28,000 p.a. from sale completion Tenant in occupation for 20+ years. *For the year end December 2023, Savers Health and Beauty Ltd reported a turnover of £754,8M, pre-tax profit of £61,2M, shareholders funds of £142,1M and a net worth of £66,5M. (Source: Experian) Location: Grantham is a market and industrial town in the South Kesteven district of Lincolnshire. The A1 is within a 10-minute drive to the west. Grantham rail station affords regular services to London Kings Cross with an average journey time of 1h 15m. The property sits at the junction of St Peters Hill and the High Street and forms part of the principal retail amenity of Grantham, which in turn is one of the principal towns in South Lincolnshire. Nearby occupiers include Boots, Superdrug, B&M and Clarks.

Contact:

Blue Alpine Partners Ltd

Date on Market:

27/12/2025

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More details for 7 Horncastle Rd, Boston - Retail for Sale

7 Horncastle Rd

Boston, PE21 9BN

  • Retail for Sale
  • £60,000
  • 241 sq ft
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More details for 23 Union St, Market Rasen - Retail for Sale

23 Union St

Market Rasen, LN8 3AA

  • Retail for Sale
  • £55,000
  • 600 sq ft
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More details for High St, Washingborough - Retail for Sale

Ferry Boat Inn - High St

Washingborough, LN4 1AZ

  • Retail for Sale
  • £875,000
  • 3,786 sq ft
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More details for 11 Double St, Spalding - Retail for Sale

Lincolnshire Poacher - 11 Double St

Spalding, PE11 2AA

  • Retail for Sale
  • £380,000
  • 7,158 sq ft
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More details for 30 The Crescent, Spalding - Retail for Sale

30 The Crescent

Spalding, PE11 1AF

  • Retail for Sale
  • £175,000
  • 1,608 sq ft
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More details for 109-111 Drummond Rd, Skegness - Retail for Sale

109-111 Drummond Rd

Skegness, PE25 3EP

  • Retail for Sale
  • £249,950
  • 688 sq ft
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More details for 3A Church Ln, Boston - Retail for Sale

3A Church Ln

Boston, PE21 6ND

  • Retail for Sale
  • £70,000
  • 722 sq ft
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More details for 3A Westgate, Grantham - Retail for Sale

3A Westgate

Grantham, NG31 6LT

  • Retail for Sale
  • £350,000
  • 5,110 sq ft

Grantham Retail for Sale

Multiple Freehold Shops Investment (No.1/No.2/No.3A) VAT is applicable to this property Comprising three shops and upper parts Town centre location Occupiers close by include HSBC, Anytime Fitness, Age UK and British Red Cross, with Pizza Express and the Edinburgh Woollen Mill in the George Shopping Centre Property Description: These Grade II listed properties are arranged over basement, ground, first and second floors to provide three ground floor shops with ancillary accommodation to the upper floors and basement. Tenancy: Shop No.1 is at present let to The Hair Band Limited for a term of 7 years from 25th December 2017 at a current rent of £10,000 per annum and the lease contains full repairing and insuring covenants. The lease provides for a rent review every fourth year and tenant has option to determine on the 24th June 2021. Rent deposit held of £2,969.85. The shop No.2 is at present let to D Punchihewa for a term of 6 years from 1st December 2018 at a current rent of £7,800 per annum and the lease contains full repairing and insuring covenants. The landlord has given personal concession to tenant by way of reducing rent to £525 pcm, but has agreed to top-up the shortfall in rent upon completion. The tenant has the option to determine on 1st December 2020, but did not exercise break clause in 2019. Rent deposit held of £1,000. The shop No.3A is at present let to L M Doherty for a term of 4 years from 26th March 2020 at a current rent of £10,140 per annum and the lease contains full repairing and insuring covenants. Rent deposit held of £1,690. Location: The attractive market town of Grantham has a population of some 43,000 and is situated at the junction of the A1 with the A52, some 25 miles east of Nottingham and 26 miles south of Lincoln. Grantham Rail Station is served by the East Coast Mainline with fastest services to London King’s Cross taking 1 hour 5 minutes. This Grade II listed property is situated fronting the east side of Westgate, adjacent to the George Shopping Centre and a short distance from Market Place. Occupiers close by include HSBC, Anytime Fitness, Age UK and British Red Cross, with Pizza Express and the Edinburgh Woollen Mill in the George Shopping Centre.

Contact:

Blue Alpine Partners Ltd

Date on Market:

07/05/2020

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More details for Queensway, Skegness - Retail for Sale

Candles Restaurant - Queensway

Skegness, PE25 1NT

  • Retail for Sale
  • £210,000
  • 1,247 sq ft
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More details for 269-275 High Rd, Whaplode - Retail for Sale

269-275 High Rd

Whaplode, PE12 6TG

  • Retail for Sale
  • £500,000
  • 4,168 sq ft
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More details for Queen Street Retail Park – Retail for Sale, Boston

Queen Street Retail Park

  • Retail for Sale
  • £4,920,000
  • 25,933 sq ft
  • 3 Retail Properties
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FAQs About Retail Property For Sale in Lincolnshire

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Lincolnshire?
There are currently 38 retail properties available for sale. Sizes range from 241 sq ft to 58,464 sq ft, with an average size of 5,337 sq ft. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Lincolnshire?
The average asking price is approximately £108 per sq ft, with prices ranging from £20 to £275 per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from 241 sq ft to 58,464 sq ft, with an average size of 5,337 sq ft. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Lincolnshire

With 47 retail units currently available for sale in Lincolnshire, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Lincolnshire, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Lincolnshire, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Lincolnshire can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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