01476 930891
This property occupies a prominent position along Westgate in the centre of Grantham. Grantham is a growing market town with a current population of approximately 45,000. In coming years there is set to be 3,700 houses built as well as a health centre and shops at The Spittlegate Heath Development which is only circa 2 miles away from the subject property. Grantham is located approximately 15 miles South of Newark and 23 miles North of Stamford. The town benefits from the A1 Great North Road close by as well as The East Coast Mainline running through.
The property is a substantial three storey retail unit which is currently in use as a café. On the ground floor the accommodation comprises a main café / retail area with kitchen and W.C's to the rear. The first and second floors are currently being used for storage / extra seating but could also be used for living accommodation subject to the grant of the necessary planning consents. To the rear of the property there is an attractive block paved garden providing a substantial area for further seating or storage. The property benefits from a prominent shop frontage onto busy Westgate and outside seating to front with awning / canopy.
We have calculated the net internal floor area to be as followed;
Ground floor- 67.74 sq m (729 sq ft)
First floor- 35.33 sq m (380 sq ft)
Second floor- 19.36 sq m (208 sq ft)
Basement / cellar- TBC
Total NIA- 122.43 sq m (1,317 sq ft)
We understand that mains electric, gas, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.
From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;
Rateable value: £7,000
This property is eligible for small business rates relief. However interested parties should make their own enquiries as to the amount of rates payable.
The property is available TO LET on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £14,000 plus VAT per annum.
Energy rating: C
We understand that VAT will be charged.
Each party to pay their own legal costs incurred.
For an appointment to view or further information please contact;
Charlie Burrows
e: charlieb@commerciallist.co.uk t: 07923 448308
Under the Estate Agents Act of 1979, we hereby give notice that an employee of Commercial List is a relative of the owner of this property.
