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24-25 Bridge St 1,289 SF of Retail Space Available in Spalding PE11 1XG
HIGHLIGHTS
- Town Centre Location with high profile position on entering Spalding
- Rental Guide - £30,000 for the whole building
- Former Banking Hall with safes and offices
- The Ground Floor only for £19,900
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,289 SF | 5 Years | $43.34 CAD/SF/YR $3.61 CAD/SF/MO $55,865 CAD/YR $4,655 CAD/MO | Fully Repairing & Insuring |
Ground
A new Full Repairing and Insuring lease will be created on Terms to be Agreed. A minimum Term of 5 years is sought with reviews and breaks to be considered. The Landlord is prepared to consider offers for the Ground Floor space only or for the whole building. Rent if the whole building is taken will be £30,000 per annum A deposit equal to 3 months rent will be held for the time of the lease. The landlord will insure the building and the tenant will reimburse the landlord in = proportions based on the space leased.
- Use Class: E
- Space In Need of Renovation
- Kitchen
- Security System
- Secure Storage
- Ground Floor Retail/Office premises in Spalding
- Former Banking Hall with safes and internal office
- Air Conditioning
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 1,289 SF | Gross Leasable Area | 2,564 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Bank |
| Total Space Available | 1,289 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,564 SF |
| Year Built | 1910 |
ABOUT THE PROPERTY
The property comprises No 24 and No 25 Bridge Street which have been combined at Ground Floor and First Floor Level. Both properties are brick construction with the entrance to the Ground Floor via No 25. The Ground Floor comprises the former banking hall for the Halifax Bank and there is a staircase to the rear giving access to the First and Second floors which were the former administration and storage rooms. There is a separate staircase leading from Double Street direct to the First Floor and it would be possible to split the First and Second Floors from the Ground floor and let them separately. If the Ground Floor only is leased, the Landlord retains the right to convert the Upper floors into residential accommodation separately from the Commercial space.
- Corner Lot
- Energy Performance Rating - D
NEARBY MAJOR RETAILERS
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24-25 Bridge St
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