Prominent Town Centre retail unit in prime location, ground floor open-plan retail area with first floor ancillary storage/office space, full width retail frontage, available on new lease on terms to be agreed
The property comprises essentially open plan retail accommodation with ancillary storage/office space on the first floor.
Located on Southgate, Sleaford’s prime retail pitch, the property is situated close to a number of national and strong regional retailers including Costa Coffee, Boots, Yorkshire Trading Co, Superdrug and Greggs.
The town centre is supported by a number of car parks in close proximity to the subject property including 100 space car park directly behind.
Sleaford is a popular market town situated at the junction of the A15 and the A17 roads with a population of circa 17,600 but serving a significantly larger catchment. It is the administrative centre for the North Kesteven district and provides the main headquarters for Interflora in the UK.
We understand mains services including water, drainage and electricity are available and connected to the property. However the ingoing tenant is required to satisfy themselves in this regard.
The premises are available To Let on a new lease on Full Repairing and Insuring Terms for a minimum term of 5 years or multiples thereof.
TOWN AND COUNTRY PLANNING
We understand that the property has consent for uses falling within Class E (Commercial, Business & Service Uses) of the Town & Country Planning (Use Classes) Order 1987 (as amended).
Class E now encompasses a number of uses including A1 (Shops), A2 (Financial & Professional Services), A3 (Restaurants and Cafés), B1 (Business) and D2 (Assembly and Leisure).
The property is not Listed but is located within a Conservation Area.
Charging Authority: North Kesteven District Council
Description: Shop and premises
Rateable value: £20,000
Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.
£22,500 per annum exclusive, payable quarterly in advance
VAT will be charged in addition to the rent at the prevailing rate.
The ingoing tenant is to be responsible for the Landlord’s reasonable legal costs incurred in documenting the new lease.
To view the premises and for any additional information please contact the sole agents.