About this property

Detailed Description

10A Market Place is a three storey, end terraced, Grade ?? Listed building. The Ground Floor comprises a Sales Area/Office to the front with a Kitchen and WC to the rear. The First Floor comprises of 2 Offices/Stores and WC and the Second Floor provides 2 further Offices/Stores. The Sales Area has suspended ceilings with inset LED lighting and laminate flooring.

There is pedestrian access to the rear from Carre Street.

Public car parking is available in close proximity at Market Place, Eastgate, Carre Street and Boston Road.

Location

Sleaford is an established Market Town in the middle of the County of Lincolnshire being approximately 17 miles South of the City of Lincoln and where the A15 bypasses the Town providing valuable communication links via the road network to both the A1 at Newark which is approximately 22 miles away and towards Boston and the East Coast.

Sleaford has a resident population of approximately 14,500 people and has an established and expanding catchment area in Retail terms.

The property is situated on the junction of Market Place, Eastgate and Carre Street and therefore offers a high degree of visual prominence to passing pedestrian and vehicular traffic.

Accommodation

The property provides the following accommodation and has been measured on a net internal area basis:

Description | m2 | Sq.ft
Ground - Sales Area / Office | 32.1 | 346
Ground - Kitchen | 3.1 | 33
Ground - WC |- | -
First - 2 x Offices/Stores | 30.0 | 323
First - WC | - | -
Second - 2 x Offices / Stores | 35.1 | 378
Total NIA |100.3 | 1,080

Business Rates

The property is assessed under the 2023 Rating List as a Shop and Premises with a Rateable Value of £7,400.

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 Governments Small Business Rate Relief Initiative and we would recommend that prospective tenants contact North Kesteven District Council in this regard Tel: 01529 414155.

Services

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

Or further information or to arrange a viewing please contact the
Sole Letting Agents:

Brown & Co
5 Oakwood Road William Gaunt
Lincoln 01522 504322
LN6 3LH 07919 694235
william.gaunt@brown-co.com

VAT

We understand from our client that the property is not elected for VAT and therefore VAT will not be charged upon any rent negotiated.

Legal Costs

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

Other

EPC
The property has an EPC Rating of E119 valid until 07/11/2030.

TOWN AND COUNTRY PLANNING
We believe that the property is suitable for a variety of uses covered under Use Class E however, we would recommend the prospective tenants direct any planning-related enquires to the Planning Department at North Kesteven District Council on Tel: 01529 414155.

Terms

LEASE & RENTAL 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 at a rent of £12,000 per annum.