About this property

Detailed Description

A Ground Floor Office with a carpeted floor, painted plaster walls and ceiling and LED lighting. Any incoming tenant will have use of the shared WC and Kitchen facilities . Non demised car parking spaces are also available within the communal car parks on site.

Location

Grantham is an established Market Town in South Lincolnshire being approximately 23 miles East of Nottingham and 23 miles South of Lincoln and having a residential population of approximately 38,000 people with a large catchment area. The A1 runs immediately to the West of the town providing excellent
road communications and the Town also benefits from a main line rail connection to London Kings Cross with a journey time of approximately 75 minutes.

The Premises are situated at The Old Malthouse on Springfield Road. The Old Malthouse is in an established commercial location with a number of Offices, Stores and further Workshops on site. Springfield Road is primarily a residential area but provides good access to both the A607 and the A52.

Accommodation

We have measured the Unit in accordance with IPMS3 and it provides 38.8 Sq M (418 Sq Ft) of accommodation.

Business Rates

The Unit is assessed under the 2026 Rating List as an Office/Store premises with a Rateable Value of £3,650.

Small Business Rates Relief may be available on this property for qualifying occupiers. For further information relating to Business Rates please contact South Kesteven District Council on 01476 406080.

Services

We understand that mains electricity is connected to the property. Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to take a new lease. There is a single metered water supply to the Estate and the tenant will
reimburse the landlord a fair proportion of the total cost incurred by the Landlord. The charge is payable by the tenant as if it were rent and is recoverable.

Viewing

For further information or to arrange a viewing please contact:

Brown & Co William Gaunt
5 Oakwood Road 07919 694235
Lincoln 01522 504322
LN6 3LH william.gaunt@brown-co.com

VAT

All prices quoted will be subject to VAT at the prevailing rate.

Legal Costs

As is usual the ingoing tenant will be responsible for our client's reasonable legal fees incurred in this transaction. For leases under 3 years, our fee for producing the Agreement is £350 plus VAT

Other

TOWN AND COUNTRY PLANNING
The Office Suite has previously been used for Office Space / Storage purposes and therefore has an established use now covered by Use Class E of The Use Classes Order 2020.

We would recommend that potentially interested parties make their own planning-related enquiries via The Planning Department at South Kesteven District Council on 01476 406080

MAINTENANCE RENT AND BUILDING INSURANCE
The tenant covenants to pay on demand a maintenance rent equal to 10% of the rent towards the cost of the landlord providing services to The Old Malthouse. In addition to maintenance rent, the ingoing tenant will be liable for a fair proportion of the Estate's insurance premium and will be recharged annually.

EPC
The property has an EPC Rating of E117

Terms

The property is available at the quoting rent of £3,750 per annum exclusive. The rent is exclusive of building insurance, water, electricity and Business Rates.