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Granta Hall, Finkin Street, Grantham, Lincolnshire, NG31 6QZ
£35,000
Office
  • Landmark historic detached Office Premises in the centre of Grantham with Car Parking accessed off Castlegate. Available due to the relocation of Brown & Co in Summer 2020.
  • Net internal area approximately 5,815 square feet (540 square metres) in addition to useful Basement Stores.
  • Premises available by way of assignment of existing lease expiring 23 June 2027 or by way of a new sub-lease for a negotiable term up to that date.
  • Approximately 8 car parking spaces provided off Castegate with the potential to acquire additional leasehold car park on Finkin Street by separate negotiation.

The property briefly comprises a detached Town Centre landmark building of mixed brick and stone construction located on the corner of Finkin Street and Castlegate. The building is part three storey with additional Basement Storage with the remainder being of single storey construction. Car parking dedicated to Granta Hall for approximately 8 vehicles is accessed from Castlegate.

Granta Hall is presented to a good standard throughout containing many period features. Two new gas fired central heating boilers have recently been installed by the landlord at their cost and the property has just been externally redecorated in its entirety with a number of internal redecoration works having also been recently completed. Granta Hall is available owing to the relocation of Brown & Co which is envisaged to occur in August/September 2020.

Of particular note is the stone staircase within the three storey section of the building together with the octagonal Reception A

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About this property

Detailed Description

The property briefly comprises a detached Town Centre landmark building of mixed brick and stone construction located on the corner of Finkin Street and Castlegate. The building is part three storey with additional Basement Storage with the remainder being of single storey construction. Car parking dedicated to Granta Hall for approximately 8 vehicles is accessed from Castlegate.

Granta Hall is presented to a good standard throughout containing many period features. Two new gas fired central heating boilers have recently been installed by the landlord at their cost and the property has just been externally redecorated in its entirety with a number of internal redecoration works having also been recently completed. Granta Hall is available owing to the relocation of Brown & Co which is envisaged to occur in August/September 2020.

Of particular note is the stone staircase within the three storey section of the building together with the octagonal Reception Area at Ground Floor level with octagonal Board Room above with central glazed roof lantern. Internally, the premises are a mixture of an open-plan and private Offices. A Kitchen and Ladies and Gents WC facilities can be found at Ground Floor level.

We understand that part of the premises are Grade II Listed with the property being situated within the established Town Centre Conservation Area.

Location

The property is situated in the heart of the Town Centre in Grantham and in an area where many of the Town's Professional Services businesses are located to include Solicitors and Accountants.

Grantham had a population as of the 2011 Census of approximately 38,000 people and the town benefits from excellent road communications via the A1 to the National Motorway network and where the town also has a main line rail connection to London Kings Cross with the journey time of approximately 80 minutes.

Accommodation

The property provides the following accommodation and has been measured on a net internal area basis:

Floor Description Sq M Sq FT
Ground Offices 350.2 3,770
Ground Kitchen 8.6 93
Ground Stores 8.8 95
Ground Ladies and Gents WC's - -
First Offices and Board Room 158.6 1,707
Second Store 13.9 150
Basement Stores 35.9 386
Total 576 6,201

Business Rates

The property is assessed under the 2017 Rating List under two separate Rating Assessments which are as follows:

6 Finkin Street - Offices and Premises - RV £33,000
19 Castlegate - Offices and Premises - RV £16,750

Prospective tenants should clarify the level of Business Rates payable via South Kesteven District Council Tel: 01476 406080.

Services

We understand that the property is connected to mains electricity, gas, water and drainage. Gas-fired central heating is installed throughout the premises and two new gas-fired central heating boilers were installed by the landlord in 2017 as part of lease renewal negotiations.

We have not carried tests on any of the services or appliances within the premises and interested parties should arrange for their own tests to ensure that services and appliances are in good working order prior to making a commitment to either assign the existing lease or take a new sub-lease in respect of the property.

Viewing

Strictly by appointment with the Sole Letting Agent:

Brown & Co
Granta Hall
Finkin Street
Grantham
NG31 6QZ
Tel: 01476 514433

VAT

It is understood that VAT will be charged for rent to be paid under the terms of the existing lease.

Legal Costs

The ingoing assignee or sub-lessee will be responsible for their own legal costs in respect of any transaction negotiated. Brown & Co will be responsible for their own legal costs as well as those of the freeholder in respect of any assignment or sub-letting.

Other

EPC RATING
No EPC is required as Granta Hall is a Listed building.

Terms

The rent is fixed at £35,000 per annum exclusive of VAT until 24 June 2023 where the rent will be reviewed on an upward-only basis.

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To arrange a viewing contact

Brown&CoJHWalter, 5 Oakwood Road, Lincoln, Lincolnshire, LN6 3LH

07768 465753

01522 457172

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