- Prime modern Town Centre Retail Unit with Ancillary Accommodation above and Parking to rear.
- Retail area benefiting from air conditioning and suspended ceilings.
- Total net internal area approx. 132 sq m (1,420 sq ft). Area ITZA approx. 46.5 sq m (500 sq ft).
- Two car spaces to the rear accessed from Elmer Street North.
- Premises available by way of a new effective full repairing and insuring lease for a minimum term of 5 years.
PRIME TOWN CENTRE RETAIL UNIT WITH PARKING
36 High Street, Grantham, NG31 6PH
Prime modern Town Centre Retail Unit with Ancillary Accommodation above and Parking to rear.
Retail area benefiting from air conditioning and suspended ceilings.
Total net internal area approx. 132 sq m (1,420 sq ft). Area ITZA approx. 46.5 sq m (500 sq ft).
Two car spaces to the rear accessed from Elmer Street North.
Premises available by way of a new effective full repairing and insuring lease for a minimum term of 5 years.
RENT: £15,000 P.A.X LEASEHOLD | 1,420 SQ FT
About this property
Detailed Description
36 High Street briefly comprises a modern, mid-terraced Retail Unit with ancillary accommodation above benefiting from two Car Parking spaces to the rear accessed from Elmer Street North.
We believe the property was constructed during the late 1960's and is of two storey brick construction under a flat roof covering. The property is well-presented with the main Retail area benefitting from suspended ceilings with inset electric air conditioning/heating units and where electric heating is provided to the remainder of the accommodation and with the building being served by a fire alarm and emergency lighting system. There is a Staff Room and Offices to the First Floor and Staff WC Facilities to the rear of the main Retail Unit at Ground Floor level.
Location
Grantham is an established Market Town in South Lincolnshire with a resident population of approximately 38,000 people.
The Town benefits from excellent road communication links via the A1 and also benefits from a main line rail connection to London Kings Cross with a journey time of approximately 75 minutes.
The property occupies a prime Retail Pitch fronting High Street located immediately adjacent to similar properties occupied by Santander, Timpsons and Barclays Bank.
Accommodation
The property provides the following accommodation and has been measured on a net internal area basis:
Floor Description Sq M Sq Ft ITZA Sq M ITZA
Sq Ft
Ground Shop - Zone A 24.83 267 24.83 267
Ground Shop - Zone B 21.03 226 10.51 113
Ground Shop - Zone C 28.71 309 7.18 77
Ground Shop - Remainder 2.42 26 0.30 3
Ground Ladies & Gents WC's
First Staff Room & 3 Offices 54.99 592 3.67 40
TOTAL 131.98 1,420 46.49 500
Business Rates
The property is assessed under the 2017 Rating List as a Shop & Premises with a Rateable Value of £20,500.
For further information in respect of the level of Business Rates payable in respect of this property please contact South Kesteven District Council Tel: 01476 406080.
Services
We understand that the property is connected to mains electricity, water and drainage. We believe that mains gas may be available in this location but is not connected to the subject property.
Prospective tenants are advised to check upon the adequacy and provision with the relevant Statutory Authorities prior to making an offer to take a new lease in respect of this property.
Viewing
Strictly by prior appointment with the Sole Letting Agent:
Brown & Co
5 Oakwood Road
Lincoln
LN6 3LH
Tel: 01522 457800
James Cameron
01522 457172
07768 465753
james.cameron@brown-co.com
VAT
The rental terms expressed herein are exclusive of, but may be liable to VAT at the prevailing rate and potential tenants are advised to clarify the VAT position prior to making an offer to acquire this property.
Legal Costs
Each party will be responsible for their own legal costs incurred in respect of any new lease agreed.
Other
EPC RATING
EPC Rating E116.
TOWN & COUNTRY PLANNING
The property was last used as a Travel Agents and as such has an established use now covered by Use Class E. We would recommend the prospective tenants discuss any planning-related matters with the Planning Department at South Kesteven District Council prior to making an offer to take a new lease in respect of this property. Tel: 01476 406080.
Terms
RENT
We are quoting £15,000 per annum in respect of this 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 5 years.
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