About this property

Detailed Description

The property comprises a mid-terrace Unit with Ground, First and Second Floor Retail space together with an office/store, kitchen and
WC's on first floor and two former panelled changing rooms on the second floor.

The premises has a single glazed new wooden Shop front with the Retail area having painted and plastered walls and ceiling and
exposed wooden floorboards. To the front of the property there are decorative gates at Ground Floor level. To the rear of the Retail area there is access an enclosed courtyard as well as to the Basement. The First and Second Floor Retail Accommodation predominately has exposed wooden floorboards, painted and plastered walls and ceilings and wall mounted air conditioning

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 a mid-terrace Unit on the Market Place within Grantham Town Centre. Nearby occupiers include Newton Fallowell Estate Agents, Westgate Bakery, the Tap & Tonic Cocktail Bar and the Angel & Royal Hotel.

Accomodation

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

Ground Floor - Sales Area - 63.9 sq m / 688 sq ft
Ground Floor - Store - 1.4 sq m / 15 sq ft
First Floor - Sales Area - 60.7 sq m / 653 sq ft
First Floor - Kitchen - 154 sq m / 14.3 sq ft
First Floor - Store/Office - 5.8 sq m / 62 sq ft
First Floor - Store - 3.2 sq m / 34 sq ft
Second Floor - Retail - 54.9 sq m / 591 sq ft
Second Floor - Stores - 5.8 sq m / 61 sq ft

Business Rates

The property is assessed under the 2023 Rating List as a Shop and Premises with a Rateable Value of £12,750.

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. We would recommend that prospective tenants contact
South Kesteven District Council regarding this matter 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

For further information or to arrange a viewing please contact:

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

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.

EPC
The property has an EPC Rating of C75 valid until 27th September 2033.

Terms

The property is made available by way of a new full repairing and insuring lease for a minimum term of 3 years at £15,000 per annum.