About this property

Detailed Description

The property comprises a Town centre Office Premises with redevelopment potential spread over 3 floors of rendered brick construction under a pitched and tiled roof. We believe the property to be of Victorian construction which was converted to Office use and modernised in the 1970's/80's.
The property has been split into 3 seperate Office Premises (Units 1 & 2 St John Court & 90 Commercial Road).

Unit 1 St John's Court comprises an Office/Kitchen & WC (disabled) on the Ground Floor, a 1st Floor Office and Basement providing additional Office/Storage accommodation. Unit 1 has a lift serving all 3 floors and electric heating.

Unit 2 is located on the 1st Floor and comprises 3 Offices, Kitchen and 2 x WC's. One of the Offices has been divided by stud wall partioning to create 3 smaller Offices and a Store/Plant Room.

90 Commercial Road comprises 2 Offices, Kitchen & 2 x WC's (one disabled) on the Ground Floor and 2 Basement Stores. The Office space is well-presented with the majority of the Offices benefitting from carpet flooring, LED lighting & beamed/vaulted ceilings.

We understand that the whole property has 4 allocated parking spaces in the shared Car Park accessed off Brewery Hill.

Location

Grantham is an established Market Town in South Lincolnshire being approximately 23 miles East of the City of Nottingham, and 25 miles South of the City of Lincoln and having a resident population of approximately 38,000 people with a large catchment area. The A1 runs immediately to the West of the Town
providing excellent road communication links with Grantham also having a main line rail connection to London Kings Cross with a journey time of approximately 75 minutes.

St John's Court is situated off Brewery Hill which is located off Wharf Road in close proximity to Morrisons Supermarket. The property is in a mixed Commercial and Residential area of the Town.

Accommodation

In terms of net internal area, the property comprises as follows:

Unit 1 St John's Court | Sq.m | Sq.ft
Basement - Offices | 59.3 | 639
Ground Floor - Offices & Kitchen | 45.9 | 494
Ground Floor - WC (disabled) | - | -
First Floor - Offices | 69.1 | 743
First Floor - WC | - | -
Total NIA | 174.3| 1,876

Unit 2 St John's Court | Sq.m | Sq.ft
First Floor - Office (3 offices) | 46.3 | 498
First Floor - Office | 10.5 | 113
First Floor - Office | 24.6 | 265
First Floor - Kitchen | 2.1 | 23
First Floor - 2 x WC's | - | -
Total NIA | 83.5 | 889

90 Commercial Road | Sq.m | Sq.ft
Ground Floor - Office | 52.9 | 569
Ground Floor - Office | 23.9 | 257
Ground Floor - Store | 1.5 | 16
Ground Floor - Kitchen | 2.5 | 27
Ground Floor - 2 x WC's | - | -
Basement - Store | 50.3 | 548
Basement - Store | 45.6 | 491
Total NIA | 177.3 | 1,908
Total NIA (excluding Basement space) is 3,005 sq. ft (279.3 sq. m)

Business Rates

90 Commercial Road is assessed under the 2023 Rating List as an Shop and Premises with a Rateable Value of £6,100. The Rateable Value from April 2026 is £9,100.

Unit 2 St John Court is assessed under the 2023 Rating List as an Office and Premises with a Rateable Value of £7,500. The Rateable Value from April 2026 is £9,200.

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

Services

We understand the property is connected to mains electricity, gas, water and drainage.

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 purchase this property.

Viewing

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

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

Commercial List Charlie Burrows
Lindpet House 01476 930897
5 Market Place 07923 448308
Grantham charlieb@commerciallist.co.uk
NG31 6LJ

VAT

Our clients inform us that the property is elected for VAT and as such VAT will be payable on any sale price agreed.

Legal Costs

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

Other

EPC RATINGS
90 Commercial Road has an EPC Rating of D91 which expires on the 1st July 2035.
Unit 1 St Johns Court has an EPC Rating of D80 which expires on the 7th November 2030.
Unit 2 St Johns Court has an EPC Rating of D87 which expires on the 7th November 2030.

TOWN AND COUNTRY PLANNING
The property has been used a Office Premises for a number of years and, as such, as an established use 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 this property. Tel: 01476 406080.