For SaleCommercial Property in Market Place, Caistor£650,000
Property Type
Commercial Property
Asking Price
£650,000
Key Features
- Address: 20 Market Place, Caistor
- Use: Mixed use retail, office, and restaurant
- Size: 335 sq m (3,606 sq ft)
- External: 262 sq m yard + 11 sq m outbuilding
- Status: Grade II listed, fully renovated
- Income: Current leases and rental schedule available
Resources
Description
Occupying a commanding position in the very centre of Caistor, 20 Market Place represents one of the town’s most prominent and high quality commercial buildings. This Grade II listed property has undergone a comprehensive back to brick renovation, including significant structural improvements, to create a landmark mixed use investment opportunity.
Extending to approximately 335 sq m (3,606 sq ft) across three floors, the property offers a versatile blend of retail, office, and restaurant accommodation, with current leases and income streams in place.
The Property
• Ground Floor: Prime retail frontage onto Market Place, with a spacious open plan layout ideal for retail or hospitality use.
• First Floor: Flexible office accommodation with modern finishes, natural light, and adaptable layouts for multiple tenants.
• Second Floor: Characterful space suitable for additional offices, studio, or ancillary restaurant use.
• External Areas: Rear yard of approx. 262 sq m (2,820 sq ft) plus an outbuilding of 11 sq m (118 sq ft), providing storage or ancillary potential.
The renovation has been carried out to an exceptional standard, blending the building’s historic character with modern specification, ensuring longevity and minimal capital expenditure for incoming investors.
Investment Highlights
• Grade II Listed: A landmark heritage property in the heart of Caistor.
• Mixed Use Income: Retail, office, and restaurant accommodation providing diversified rental streams.
• Fully Renovated: Back to brick refurbishment with structural improvements, ensuring a high standard throughout.
• Prominent Position: One of the most visible and prestigious buildings in Caistor’s Market Place.
• Current Leases & Income: Tenancy schedule available on request, with established occupiers in place.
• 335 sq m (3,606 sq ft) of high quality accommodation across three floors.
• External Yard & Outbuilding: Additional 262 sq m yard and 11 sq m outbuilding.