About this property

Detailed Description

The property comprises a recently renovated Ground Floor Office/Retail Unit within a three storey Premises of brick construction under a pitched roof. Internally, the Premises have a Kitchenette, WC & Store. The property could be used for various uses, subject to the necessary planning consents.

Location

Buckminster is a highly attractive and sought-after Village between the Towns of Melton Mowbray and Grantham, North of Stamford and Oakham. The A1 is approximately 4 miles to the East providing easy access to the North and South of the Country.

The property can be found on Back Street on the North side of the Village. The Village has various amenities including a Public House/Restaurant, Village Hall, Primary School and a Shop. There are various established Retail businesses operating in the businesses operating in the Village including a Picture Framers,
Coffee Barn/Shop, Sculptor, Haberdashery, Financial Advisor and Furniture Store.

Accommodation

The property has been measured on a net internal area basis and comprises as follows:

Description | Sq. ft | Sq. m
Office/Sales Area & Kitchenette | 276 | 25.6
Store | 32 | 3.0
WC | - | -
Total NIA | 308 | 28.6

Business Rates

For further information regarding Business Rates and any reliefs applicable to the property, please contact Melton Borough Council. Tel: 01664 502502.
Subject to certain criteria being met by the ingoing tenant, it may be possible to claim up to 100% exemption from the payment of Non Domestic Business Rates utilising the Government's Small Business Rates Relief Initiative.

Services

We understand that the property has connection 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

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

VAT

We understand that the property is elected for VAT.

Legal Costs

The ingoing tenant will be responsible for payment of 50% of the landlord's legal costs associated with the preparation of the new lease.

Other

TOWN AND COUNTRY PLANNING
We understand that the Premises having previously been used for Office purposes and as such have have an established use. We would recommend that potentially interested parties contact the Planning Department at Melton Borough Council to discuss planning-related matters. Tel: 01664 502502.

EPC
The property has an EPC Rating of E109 which expires on the 28th October 2034.

Terms

LEASE TERMS
The property is to be made available by way of a new effective full repairing and insuring lease for a term to be negotiated.

RENTAL TERMS
We are quoting a rent of £4,500 per annum.