Brown&Co
- Well-located, Town Centre Retail Unit with two car spaces to rear.
- Previously used as Estate/Letting Agency with full-height Shopfront.
- Premises in good condition with air conditioning units fitted.
- Total NIA approx. 59.2 sq m (637 sq ft). Area ITZA 42.7 sq m (459 sq ft). Available by way of new effective full repairing and insuring lease for a minimum term of 3 years.
The property briefly comprises a Ground Floor Retail Unit within an established Retail Parade with modern, full-height Shopfront and also benefitting from two allocated car parking spaces to the rear. Air conditioning units are fitted within part of the property which also has Kitchen and WC facilities to the rear.
The property has been used in the past as an Estate/Letting Agency and is therefore suitable for a wide variety of uses.
The car parking spaces are accessed from the rear off Bath Street.
About this property
Detailed Description
The property briefly comprises a Ground Floor Retail Unit within an established Retail Parade with modern, full-height Shopfront and also benefitting from two allocated car parking spaces to the rear. Air conditioning units are fitted within part of the property which also has Kitchen and WC facilities to the rear.
The property has been used in the past as an Estate/Letting Agency and is therefore suitable for a wide variety of uses.
The car parking spaces are accessed from the rear off Bath Street.
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 have a main line rail connection to London Kings Cross with a journey time of approximately 75 minutes. The subject property is located in an excellent trading location next door 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 provides the following accommodation and has been measured on a net internal area basis:
Description Sq M Sq FT ITZA Sq M ITZA Sq FT
Shop - Zone A 31.35 337 31.35 337
Shop - Zone B 21.01 226 10.50 113
Kitchenette 6.83 74 0.85 7
WC - - - -
Total NIA 59.19 637 42.70 457
Business Rates
The property is assessed under the 2023 Rating List as a Shop & Premises with a Rateable Value of £10,500.
Subject to the ingoing tenant meeting certain criteria, it is possible to claim up to 100% exemption from the payment of Non-Domestic Business Rates utilising the Government's Small Business Rate Relief Initiative and we would recommend that prospective tenants contact South Kesteven District Council in this regard. Tel: 01476 406080.
Services
We understand that the property is connected to mains electricity, water and drainage. We further understand that mains gas is available in this location but is not currently connected to the subject property.
Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making a commitment to take a new lease in respect of this property.
Viewing
Strictly by prior appointment with the Sole Letting Agents:
Brown & Co
5 Oakwood Road Lincoln
LN6 3LH
Tel: 01522 457800
VAT
The rental terms quoted herein are exclusive of, but may be liable to VAT at the prevailing rate.
Legal Costs
Each party will be responsible for their own legal costs incurred in respect of any new lease negotiated.
Terms
RENT
We are quoting £9,000 per annum exclusive of VAT at the appropriate rate for the property.
LEASE TERMS
The property is to be made available by way of a new effective full repairing and insuring lease for a minimum term of 3 years.
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