Guide price
£100,000
Retail premises for sale15-16 Station Street, Spalding, Lincolnshire PE11
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 21 Oct 2026 at 10:00
Venue: Livestream Auction
A shop unit with two floors above currently used as offices/storage with a rental income of £12,500 pa.
This retail shop is currently tenanted by a local charity on a five year lease. The shop offers a sales area, store, with two offices gents and ladies w.c and a kitchen on the first floor and two further rooms on the second floor. Total floor area of 115.82 sq meters. Rateable value of £10,250 pa. The current tenants have a five year lease with a rent of £12,500 pa.
Spalding offers a variety of shops and recreational facilities together with a rail link into Peterborough and services into London Kings Cross.
Ground Floor
Shop area and a store
First Floor
Office, store room, kitchen, gents and ladies w.c.
Second Floor
Two offices.
Business Rates
According to the Valuation Office website the premises have a current rateable value of £10,250 with effect from 1 April 2026.
Note
VAT is applicable.
EPC Rating: D
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A shop unit with two floors above currently used as offices/storage with a rental income of £12,500 pa.
This retail shop is currently tenanted by a local charity on a five year lease. The shop offers a sales area, store, with two offices gents and ladies w.c and a kitchen on the first floor and two further rooms on the second floor. Total floor area of 115.82 sq meters. Rateable value of £10,250 pa. The current tenants have a five year lease with a rent of £12,500 pa.
Spalding offers a variety of shops and recreational facilities together with a rail link into Peterborough and services into London Kings Cross.
Ground Floor
Shop area and a store
First Floor
Office, store room, kitchen, gents and ladies w.c.
Second Floor
Two offices.
Business Rates
According to the Valuation Office website the premises have a current rateable value of £10,250 with effect from 1 April 2026.
Note
VAT is applicable.
EPC Rating: D
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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