Historical Retail Opportunity Overlooking Market Place

Locally known as “Applebys”, this excellent retail opportunity overlooking the pretty market place in Horncastle, in the Lincolnshire Wolds, is on the market for £225,000.

  • Applebys - previously known as the George Hotel

With a prime retail location on High Street, it is close to a number of national and local retailers and opposite the Market Place with its twice weekly market and has an excellent vantage point for many events including the George V celebrations in its day.  The freehold unit is fully leased to tenants of “Just Cuts” barber shop, which includes a store and kitchen.  There are also two recently refurbished two bedroom flats above.

Speaking about the property, John Elliott, partner JHWalter said “23 High Street offers itself as a prime retail investment which has an annual rent passing £19,700”.  He added, “During the 19th century the property was known as the George Hotel, which was the major hotel in the centre of Horncastle which still bears the old carriage arch.  It is said that author George Borrow stayed here and wrote of his experiences at the horse fair in “Romany Rye”.

For further details please visit the Sales Particulars