icons_size_white icons_size

Freehold Vacant Shop & Office Investment - Horncastle

For sale: £200,000.00|Residential, Offices, Office


FOR SALE£200,000.00
ADDRESS25a High Street, LN9 5HP
TYPEResidential, Offices, Office
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON13th January 2020


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
Horncastle is located on the A158 main road between Skegness, 22 miles to the east, and Lincoln 30 miles to the west.
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.
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
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
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 £ 200,000


Location: 25a High Street, LN9 5HP


What do you think of our website?
Complete our survey and
you could win £1000
Start here