Auction House UK · 21 Oct 2026 · in 2 days
Commercial Investment – Prominent Town Centre Position
6 & 6a Sheep Market, Spalding, Lincolnshire PE11 1BH · East of England
LiveRetailFreeholdLet
- Guide
- £100,000
- Rent a year
- £12,250
- Yield on the guide
- 12.3%
- Payback
- 8.1 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
What it costs to own
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The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 26 Jul 2022 (certificate 8867-8318-5081-0011-4500). Meets today's minimum for letting commercial property in England and Wales (E or better).
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
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Create an accountAbout the lot
Freehold retail lot in Spalding. Producing £12,250 a year, a 12.3% gross yield at the guide.
Lot 123, Shop. Commercial Investment – Prominent Town Centre Position: A prominent ground floor retail unit with first floor ancillary accommodation, currently occupied and trading as an optician, together with an optician’s workshop to the rear. The property is situated on Sheep Market, close to the pedestrian route leading to Holland Market and near The Sessions House events venue. A number of established retailers are located nearby. The property is offered subject to an existing commercial lease, providing an opportunity for investors seeking an income-producing town centre asset. The current rent is £12,250 per annum. Tenure: Freehold. Ground Floor: Shop space, treatment room, access to rear workshop. First Floor: Multiple office rooms & WC. Business Rates: According to the Valuation Office website the premises have a current rateable value of £9,500 with effect from 1 April 2026. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Solicitors: WCR Law, Ref: Claire Parker-Robson, Tel: 01507 430629. Offered in association with: Longstaffs
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.