About this property

Detailed Description

The property comprises an end of terrace, 3 storey Retail/Office Premises which was previously occupied by a Chartered Surveying & Estate Agency practice. The Ground Floor comprises a Sales Area to the front with 2 Offices/Stores, Meeting Room, Kitchen and WC to the rear. The First Floor has 5 Offices and 2 WCs, and the Second Floor comprises 5 Offices/Stores, Kitchen and WC.

Externally there is ample car parking to the rear.

Location

Grantham is a traditional Market Town in South Lincolnshire having a resident population of approximately 38,000 people with a wide catchment area. The A1 runs immediately to the West of the Town, which also benefits from a main line rail connection to London Kings Cross with a journey time of approximately 80 minutes.

The subject property is located in an excellent trading location close to NatWest Bank on St Peter's Hill and in close proximity to the entrance to The Isaac Newton Shopping Centre and Morrisons Supermarket.

Accommodation

The property has been measured on a Net Internal Area basis and comprises as follows:

Description Sqm Sqft
Ground floor - Sales area 57.0 614
Ground floor - 2 offices/stores & meeting room 37.2 400
Ground floor - kitchen 2.3 26
Ground floor - WC
First floor - 5 offices/Stores 78.8 848
First floor -WCs
Second floor - 5 offices/Stores 73.9 795
Second floor - kitchen 12.4 134
Second floor - WC
Total NIA 261.6 2,817

Business Rates

The property is assessed under the 2023 Rating List as Offices & Premises with a Rateable Value of £15,500.

Prospective purchasers should check the level of Business Rates payable via The Billing Authority - 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 provided to the building.

None of the services or appliances that are believed to be connected or available to the property have not been tested by Brown & Co and prospective purchasers are advised to check upon the adequacy and provision of services and utilities with the relevant Statutory Authorities prior to making an offer to purchase this property.

Viewing

For further information, or to arrange a viewing please contact:

Brown&Co
William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

Longstaff
Kit Longstaff
01775 766766
07900 898378
kit@longstaff.com

VAT

We understand that the property is not elected for VAT and therefore VAT will not be charged upon any sale price negotiated.

Legal Costs

Each party is to be responsible for their own legal costs incurred in respect of any sale negotiated.

Other

EPC
The property has an EPC rating of C72 which expires on the 2nd June 2029.

TOWN AND COUNTRY PLANNING
The property has been used for a number of years as a Chartered Surveying & Estate Agency Offices and Premises and as such has an
established use now covered by Use Class E of The Use Classes Order 2020.

Prospective purchasers should make their own planning-related enquiries via the Planning Department at South Kesteven District Council prior to making an offer to purchase the property. Tel: 01476 406080.

Terms

GUIDE PRICE
£225,000 for the freehold interest with vacant possession