Summary - 36, High Street,Holbeach,SPALDING,PE12 7DY PE12 7DY
1 bed 1 bath Shop
Freehold town‑centre shop with short lease — income now, reversion potential later..
Freehold Victorian three/four‑storey town‑centre commercial building
Ground floor retail; first and second floors used for storage
Currently let; lease documentation and rent details available
Only four years remain on lease — lenders may refuse mortgages
Tenant pays internal repairs, decoration and insurance premium
EPC rating E — energy improvement likely needed
Prominent High Street location with excellent mobile signal
Area has above‑average crime; small plot and limited upper‑floor use
A three/four‑storey Victorian mid‑terrace on Holbeach High Street presented as a freehold commercial investment. The ground floor is in retail use with first and second floors for storage, offering straightforward rental income and simple management responsibilities. The building occupies a prominent town‑centre position close to shops, services and public transport.
The property is let and produces an income (lease details available). The tenant is contractually responsible for internal repairs, decoration and insurance premium repayments, reducing short‑term landlord outgoings. The neighbouring unit (No. 38) is being sold separately and is occupied by the same tenant — potential for consolidation if both freeholds are acquired.
Important cautions for buyers: only four years remain on the current lease and mortgage lenders could refuse to lend; this materially limits the market of purchasers. The EPC is rated E and the property sits in an area with above‑average crime figures; budgeting for energy improvements and security measures is advisable. The plot is small and upper floors are used for storage rather than habitable accommodation.
Suited to an investor or buyer able to purchase cash or to accept lease‑term risk, this building presents a straightforward town‑centre commercial holding with obvious income and reversion potential if lease events or neighbouring acquisitions are negotiated. Prospective purchasers should review the lease documentation and commission their own surveys and legal checks before proceeding.
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