Commercial properties for sale in Horncastle, Lincolnshire

Currently a brownfield site containing an established business. The site contains a detached building, which the business operates out of, a large area of hardstanding used for parking and manoeuvring and a grassed area. The site is surrounded to the south, east and west by residential development. Dwellings also wrap around the north eastern corner. To the north and north west lies a public park.

Outline planning permission for demolition of the existing building and erection of up to 6 dwellings with all matters reserved was granted by East Lindsey District Council on 14 December 2017 (ref: S/086/01878/17). Further details are available upon request.
( Agency Pilot Software Ref: 2039437 )

A modern single storey purpose-built light industrial unit
understood to be have been constructed in 1992 to a
conventional steel portal frame design with brick cladding to
2.4m externally and corrugated plastic coated sheeting above and to the roof. Internally the accommodation is divided to comprise offices, stores, workshops together with ancillary staff facilities.
The property occupies a generous plot of circa 0.7 acre (0.29 hectare) with tarmacadam surfaced car parking for approximately 14 cars and loading facilities to the front and side (via an electronically operated roller shutter door). Additionally, a large grass verge provides potential expansion space, subject to planning, if required.
( Agency Pilot Software Ref: 2039436 )

A very well located residential development site extending to some 9.22 acres with consent for the construction of up to 90 dwellings, with an Affordable Housing Obligation of 30%and no Community Infrastructure Levy Liability. The neighbourhood residential development off Winceby Gardens and Roman Way comprises predominantly bungalows and is a popular, well established residential area with good direct links to the town centre. Horncastle has a population approaching 7000 (2011 Census). It has both a Primary School and a very well established secondary school including the highly respected Queen Elizabeth Grammar School as well as the non-selective Banovallum school. The Town has all the main facilities and amenities along with a popular market place including a large number of retail and restaurant outlets.

( Agency Pilot Software Ref: 2033042 )

The site is located a short distance from the busy town centre of Horncastle, having access onto Foundry Street and Mareham Road. Horncastle is a thriving market town, having a population of approx. 6,800.

The site occupies an area of approx. 9.0 acres (3.64 ha), currently having a number of buildings dating back to 1837 being a former workhouse. The site was converted into a children's home and a number of separate houses were erected. Part of the site was used as a residential college and more recently offices and business centre.

( Agency Pilot Software Ref: 2008635 )

The site is located just off the A158, 0.6miles North-West of the thriving market town of Horncastle. Accessible off the main trunk road through the town, the site is within a 20 mile radius of Lincoln, Market Rasen and Louth.

Situated within the administrative district of East Lindsey District Council, the catchment population of the town is circa 6,815 (2011 Census).

The 3 acre (1.21 Ha) development site is situated on the Eastern side of Lincoln Road, with frontage onto Lincoln Road, in addition to Reindeer Close: the site can therefore be viewed from the roadside.

Currently, the site consists of frontage onto Lincoln Road, where an industrial compound is built to the rear.

Benefitting from flat, level ground the site would be most appropriate for development.

PLANNING

Planning Permission was granted on 27/09/16 for the erection of 6 blocks of terrace houses, with 3 houses per block. In addition, 17 pairs of semi-detached houses have been granted under the same planning application; totalling 52 dwellings.

The section 106 agreement for the development, published on 28/09/16, consists of a minimum of 20% Affordable Housing, a total education contribution of £188,033.00 and a health contribution of £407.00 per dwelling.

Full details of the approved Planning Application can be found on East Lindsey District Council's Planning Portal Ref: S/086/01083/14.
( Agency Pilot Software Ref: 2006604 )

Horncastle is a historic market town situated in the heart of the Lincolnshire Wolds, roughly mid way between Lincoln and Skegness.
The property is situated just off the West Street junction on the edge of the town centre and adjacent to the Grammar School.
The premises comprises a ground floor retail showroom with offices, mezzanine, storage and workshop with roller shutter door.
( Agency Pilot Software Ref: 2006135 )

ADDRESS: 25 High Street, Horncastle, Lincolnshire, LN9 5HP
• Ground floor was let to HSBC -2265 sq ft
• 1870 sq. ft. of offices on upper floors
• 4 Car parking spaces to the rear
• Prominent Town Centre Location.
• Opposite public car park
LOCATION
Horncastle is located on the A158 main road between Skegness, 22 miles to the east, and Lincoln 30 miles to the west.
SITUATION
The property, in the town centre, is situated on the south side of High Street close to the junction with Church Lane overlooking a
public car park at Market Place. Occupiers close by include NatWest, Barclays, Co-Op Pharmacy, and Lloyds TSB.
DESCRIPTION
The property is arranged on basement, ground and two upper floors to provide a ground floor banking hall with basement storage.
The self-contained first and second floors, accessed via High Street, provide office accommodation with kitchen and WC.
The property has 4 car parking spaces to the rear
ACCOMMODATION
No 25 Bank : Gross Frontage:40'0'',Shop Depth: 41'11'',Built Depth: 63'11'',Basement: 312 Sq. Ft.,Total 2365 sq. ft.
No 25 A Office: First Floor: 689 Sq. Ft.,Second Floor: 775 Sq. Ft,Total 1870 sq ft
Tenancy:
No 25 Bank: HSBC vacated in June 2018. They were paying a rent of £19500 pa
No 25 A Office: Let to TJS Online Ltd for 6 years from 12.12.2009 at a current rent of £6375 p.a. IR & I. Reversion with tenant holding over.
RENT: £6375 p.a. TENURE: Freehold VAT IS: Not Applicable
PRICE: Offers in excess of £ 290,000

The subject property was formally utilised as a bank and extends over ground and first floors. The building would suit a variety of uses (subject to planning).

- Former Bank Premises
- Town Centre Location
- Would Suit a Variety of Uses (subject to planning)

Prime High Street location, attractive retail frontage, current Planning Consent A2, considered suitable for a range of alternative uses - STP.

An attractive mid terraced former Bank. The property has been extended to the rear with a single storey extension.

The property occupies a prime location on the High Street, within the centre of Horncastle adjacent NatWest Bank and opposite the market place. Other nearby retailers include Co-op Convenience Store, Lloyds Bank, First Choice Travel and Coopland Bakers.

Horncastle is an affluent mid Lincolnshire Georgian town situated on the A158, approximately 21 miles east of Lincoln, 20 miles north of Boston and 23 miles west of Skegness. It has a population of circa 7,000 and also serves a wider rural catchment.

TOWN AND COUNTRY PLANNING
The current use of the ground floor falls within Class A2 (Financial and Professional Services) of the Town & Country Use Classes Order 1987 (as amended).

We perceive that the property has potential for a range of alternative uses, subject to receiving necessary planning consent. Interested parties are advised to make their own investigations to the Local Planning Authority in this regard.

TENURE
The property is available to let by way of a new effective Full Repairing and Insuring lease for a term of years to be agreed.

Alternatively the owners may consider a sale of the Freehold interest of the whole.

VIEWING
To view the premises and for any additional information please contact the sole agents.