About this property

Detailed Description

The property briefly comprises a town centre retail unit benefiting from one car space to the rear of the building. The unit also has a kitchen/WC facility to the rear of the unit. The unit is well presented internally. The car space to the rear is accessed off Southgate.

Location

Sleaford is a popular market town in South Lincolnshire with a resident population of approximately 18,000 and with a large catchment area. The town is at the crossroads of the A15/A17 trunk road providing excellent links to the A1 at Newark (approximately 17 miles). The City of Lincoln is approximately 17 miles to the north. There is a railway station within easy walking distance of the property which is on the Nottingham to Skegness line. Connections can be made at Grantham (approximately 12 miles to the east) onto the east coast main line. The property is well located at the southern end of Southgate (Sleaford's prime retail street) within the town centre.

Accommodation

The property provides the following accommodation and has been measured on a net internal area basis:
Shop Zone A - 294 sq ft (27.33 sq m)
Shop Zone B - 58.83 sq ft (5.47 sq m)
Kitchenette 34 sq ft (3.15 sq m)
WC
Total NIA 387 sq ft (35.95 sq m)
ITZA 324 sq ft (30.07 sq m)

Business Rates

The property is assessed under the 2017 Rating List with a Rateable Value of £5,100.

Subject to the ingoing tenant meeting certain criteria, it is possible to claim 100% exemption from the payment of Business Rates utilising the Government's Small Business Rate Relief initiative and we would recommend prospective tenants contact North Kesteven District Council. Tel: 01529 414 155.

Services

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

Prospective tenants are advised to check upon the adequacy and provision of services within the relevant Statutory Authorities prior to making an offer to take a new lease in respect of this property.

Viewing

Strictly by appointment with the Sole Letting Agent:

Brown & Co
Granta Hall
Finkin Street
Grantham
NG31 6QZ
Tel: 01476 514433
Marie Gutteridge
01476 514452
marie.gutteridge@brown-co.com

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.

Other

TOWN AND COUNTRY PLANNING

The property was previously used as a Hair Salon and therefore has an established use falling Under Use Class A1. For further information in respect of planning related matters, prospective tenants are advised to make their own enquiries via the Planning Department at North Kesteven District Council. Tel: 01529 414 155.

Terms

RENT

We are quoting £8,000 per annum exclusive of VAT at the appropriate rate in respect of this property.

LEASE 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.