About this property

Detailed Description

The property comprises an end-terrace, Ground Floor Retail premises having laminate flooring, air conditioning and strip lighting. The landlord will be installing a new WC & Kitchenette prior to a new tenant occupying the property. Externally the property benefits from 2 parking spaces.

Location

Grantham is an established Market Town in South Lincolnshire being approximately 23 miles East of Nottingham and 25 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 property comprises an end-terrace Retail Premises facing onto the recently refurbished Market Place. Nearby occupiers include British Red Cross, Martin & Co Estate Agents and Westgate Bakery.

Accommodation

The property has been measured on a Net Internal Area basis:

Description | Sqft | Sqm
Ground Floor - Sales Area | 668 | 62.1
Ground Floor - Store | 13 | 1.2
Total NIA | 681 | 63.3

Business Rates

The property (to include the Upper Floors) is currently assessed under the 2026 Rating List as a Shop and Premises with a Rateable Value of £15,750.

We would recommend that prospective tenants contact South Kesteven District Council regarding obtaining a new Rating Assessment in respect of the Ground Floor Tel: 01476 406080.

Services

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

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 in respect of this property.

Viewing

AGENT
William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

VAT

We understand that VAT will be charged upon the rent.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any letting negotiated.

Other

BUSINESS RATES
The property (to include the Upper Floors) is currently assessed under the 2026 Rating List as a Shop and Premises with a Rateable Value of £15,750.

We would recommend that prospective tenants contact South Kesteven District Council regarding obtaining a new Rating Assessment in respect of the Ground Floor Tel: 01476 406080.

TOWN AND COUNTRY PLANNING
The property has been used as a Retail Shop and as such has an established use which is now covered by Use Class E of The Use Classes Order 2023. We would recommend that prospective tenants discuss any planning-related enquiries with the Planning Department at South Kesteven District Council prior to making an offer to take a lease in respect of this property. Tel: 01476 406080.

Terms

LEASE & RENTAL TERMS
The property is to be made available by way of a new full repairing and insuring lease for a minimum term of 3 years at a rent of £12,000 per annum.