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High Street, Holbeach

East of England

£74,995

Listed on 03/10/2025

Property details

Bedrooms
1
Type
Commercial Property
Area
968 sqft

Description

This property presents a distinctive opportunity for investment situated in the heart of a bustling town centre. Previously operated as a restaurant, it features off-road parking and has already undergone some initial renovation work, establishing a solid base for the new owner to further develop and customize according to their vision. The layout consists of a generous reception area along with a unique conservatory-style seating space, which floods the interior with natural light. Additionally, there are practical amenities such as a cloakroom and storage area. A staircase provides access to an upper floor reception room that enhances the potential for versatile use. With its prime High Street location, this site is well-suited for continuing its culinary legacy or reimagining it into other commercial configurations—be it offices, retail, or even residential units (subject to securing planning permissions). Buyers are presented with an advantageous chance to invest in a property that not only boasts significant existing attributes but also an array of possibilities to maximize value through careful refurbishment and future development.

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Investment analysis

(PE12 area)

Below Market Value

This property is priced -66.2% below area average per sq ft

-66.2%
Potential saving
This Property
£77/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£243,892
10% above area average per sq ft
Potential ROI
+68.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.3%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on PE12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Holbeach
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£283
Based on a loan of £56,246 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-6.3% since listed
£74,995£5,005(-6.3%)
12/03/2026
Current price
£80,000Initial listing
03/10/2025

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