18 Station Street/1 Chapel Lane Spalding, PE11 1EF

LOCATION
** Commercial/Residential Investment Property being offered For Sale in conjunction with Auction House, subject to fees - Property split between ground floor retail, and First/Second floor 2 Bed Flat (Both parts Let Separately) - Prominent Position overlooking Sheep Market - Ground Floor Net Internal Floor Area Approximately 55.51m² (598ft2) - Public Car Parking in the Sheep Market Adjacent **

The property is situated in a good secondary trading location just off the Sheep Market in the town centre of Spalding. The property is also positioned on the main shopping route leading to Winsover Road. There is roadside car parking available to the front of the property and short stay public car parking available in the Sheep Market and nearby Victoria Street Car Park. The property lies within the Spalding Conservation Area

Spalding is a market town with a population of approximately 35,000 which has weekly markets on Tuesdays and Saturdays. The town is located with easy access via the A16 through to Peterborough to the south, together with connections to the A1, and the A17 to the north and Boston. Spalding enjoys a rail connection service to Peterborough from whence main line connections to London King´s Cross are readily available (minimum journey time 49 minutes).

DESCRIPTION
The property comprises of ground floor retail/office accommodation (approximately 12.97m deep and about 3.36m wide max.), with further storage and ancillary accommodation at the rear. A two bedroom flat with separate access via Chapel Lane is positioned on the first and second floors.

INVESTMENT DETAILS
The property is For Sale as a whole subject to a recent lease to 18 Station Street and an APT on 1 Chapel Lane, further detail on both is available on request from Longstaff.

ACCOMMODATION
GROUND FLOOR

18 STATION STREET, SPALDING - LET as follows;
Term: 7 years from 1st May 2026. The lease is within the security provisions of the Landlord and Tenant Act 1954 Part
11. Rent: £8,000 per annum. RATEABLE VALUE: £6,800 (2026 List).


FRONT SHOP/OFFICE: 13.37m deep x approximately 3.3m wide, plus triangular window display area. Carpet, fluorescent strip lights.

REAR STOCKROOM: 3.62m (maximum) x 2.28m (maximum) plus understairs area 1.3m x 0.8m, carpet, fluorescent strip light.
KITCHEN: 2.56m x 2.06m, vinyl floor tiles, fluorescent strip light, stainless steel sink unit with cupboard below, Triton electric water heater, worktop and inset unit and rear door.

REAR LOBBY: Wash hand basin and electric water heater.
SEPARATE WC: Low level WC.

Rear pedestrian access from Chapel Lane used in common with residential flat over.

RATEABLE VALUE: £6,800 (2026 List)

1 CHAPEL LANE, SPALDING PE11 1BP - 2 BEDROOM FLAT WITH SHOWER ROOM - CURRENTLY LET ON APT
FIRST & SECOND FLOOR
Direct access to the flat is via Chapel Lane, Spalding.
Stairs leading to 2 bedroom flat comprising fitted kitchen, lounge, dining room, shower room and with two bedrooms being located on the second floor. Further details on the lease are available from Longstaff..
Current Rent Passing: £625 pcm. APT Date: September 2024.

SERVICES
Mains water, electricity and drainage - separate for the ground / upper parts.

TERMS
Freehold - subject to existing lease/tenancy agreements.

OUTGOINGS
18 Station Street : £6,800 (2026 List)

OTHER
AUCTION HOUSE NOTES

Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

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. These include 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.

LOCAL AUTHORITIES
South Holland District Council Priory Road, Spalding, Lincs. PE11 2XE CALL:
Anglian Water Customer Services PO Box 10642, Harlow, Essex, CM20 9HA CALL:
Lincolnshire County Council County Offices, Newland, Lincoln LN1 1YL CALL:

VIEWING
By Appointment only - contact Longstaff Commercial Dept Tel: Email: