TYPERetail, Office, Flat, General Retail, Retail - High Street, Offices, Residential
POSTED ON11th March 2020
LOCATION This Property is situated in the centre of the market town Grantham alone Butchers Row which is a busy cut through from the High street to Westgate. Grantham is located approximately 15 miles South of Newark and 18 miles North of Stamford.
DESCRIPTION The ground floor of this property comprises of a main retail area which is ideal for a fast food outlet and has a shop frontage onto the busy Butchers Row. To the rear of this main retail area there is a small kitchen / storage room. This property also has a store room in the basement. The first floor is made up of a kitchen living area with bathroom and on the second floor there is a bedroom. This Property benefits from having cooking equipment and fittings included.
ACCOMODATION The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis. Floor Room Sq M Sq ft Basement Store 13.67 147 Ground Floor Main retail area 18.39 198 Ground Floor Rear Kitchen/ Store 5.52 59 First Floor Kitchen/ living room 11.8 127 First Floor Bathroom 3.13 34 Second Floor Bedroom 13.39 144 Total 65.9 709
SERVICES We understand that mains electricity, water, gas and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Richardson and prospective purchasers must rely on their own investigations as to their existence and condition.
BUSINESS RATES From enquiries made of the Valuation Office website, we understand that the following rating assessment applies:- Rateable Value: £5,800
Interested parties should however rely on their own enquires as to the amount of rates payable.
TERMS This property is available on a lease assignment or sub-lease. The current lessee requires a £50,000 premium for the fixtures and fittings currently in the premises.