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26-27 Market Pl 3,328 SF 100% Leased Office Building Market Rasen LN8 3HL $595,381 CAD ($178.90 CAD/SF)
Investment Highlights
- Occupiers within Market Rasen town centre include Boots The Chemist, Lincolnshire Coop, Morrisons and Cooplands Bakery
- Market Rasen lies approximately midway between the Cathedral City of Lincoln and the Port of Grimsby, both of which are accessible via the A46
- Property is located prominently within Market Rasen Town Centre, being situated on the corner of the market square
- Market Rasen serves the surrounding villages as the local hub for shopping, education and banking facilities
Executive Summary
26 & 27 Market Place comprise two attractive Grade II Listed Buildings interconnecting internally and let as a whole to a long-established local law firm and currently generating an annual income of £23,500 per annum, subject to annual increases. The property has been partially refurbished over this last year and is prominently located within the market square. Market Rasen is a busy town, having a population of circa. 4,500 residents and famed for its nationally acclaimed racecourse. Occupiers within Market Rasen town centre include Boots The Chemist, Lincolnshire Coop, Morrisons, Cooplands Bakery and the town also has the benefit of a Tesco & Aldi Supermarket on the outskirts.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
3,328 SF
Building Class
B
Year Built
1899
Price
$595,381 CAD
Price Per SF
$178.90 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
780 SF
Amenities
- Controlled Access
- Courtyard
- Storage Space
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26-27 Market Pl
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