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The Wool Factory, 5 Market Place, LN13

For sale: £575,000.00|4,591 Sq Ft|Residential, General Retail, Retail

Property details

FOR SALE£575,000.00
SIZE4,591 Sq Ft
ADDRESSThe Wool Factory, 5 Market Place, Alford, LN13 9DZ
TYPEResidential, General Retail, Retail
TENUREFor Sale Freehold
POSTED ON24th July 2024

Description

Key PointsAttractive Period Grade II Listed building, extending to approximately 4,591 sq ftExcellent central location, positioned directly opposite the Market Place car parkingPart income producing investment with a vacant 4 bedroom luxury apartmentSuitable for a variety of uses, STPPSummaryStunning Grade II Listed Former Bank PremisesDescriptionThe property comprises a stunning Grade II Listed former bank premises, built c.1906 of traditional brick construction incorporating ashlar dressings and cornice above first floor, under a duo-pitched tiled roof.
Internally, the building is configured to provide a self-contained retail unit at ground floor currently occupied and trading as the Wool Factory. The Ground floor comprises a predominantly open plan sales areas benefitting from a good floor to ceiling height, flanked by additional storage. The upper floors, benefit from independent access to the southern elevation and have been comprehensively refurbished to provide residential accommodation over ground, first and second floors. It is configured to provide three bedrooms at second floor with an additional bedroom, kitchen, utility room, living room and bathroom at first floor, the ground floor provides for an additional room interconnecting to the garden, capable of being a 5th bedroom.
Externally the property benefits from an enclosed garden and additional storage outbuildings to the rear.LocationAlford is a historic market town located on the south-eastern edge of the Lincolnshire Wolds, approximately 7 miles west of the east coast, 36 miles east of Lincoln and 30 miles south of Grimsby.
The property is centrally located in Alford and occupies a prominent corner position along one of the principle retail thoroughfares Church Street, directly opposite its junction with Market Place and the Market Place car parking.
The immediate vicinity is predominantly categorised by a range of local independent retail and F&B operators including The George Inn, The Windmill Hotel, Alford Opticians and Studio 13 tattoo studio, to name but a few.Availability_textThe accommodation comprises the following areas:

Location

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Location: The Wool Factory, 5 Market Place, Alford, LN13 9DZ

Thorpe Culvert (9.5 miles)

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