LOCATION This property is situated on 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 approximately 2 miles away from the subject property. Grantham is located approximately 15 miles South of Newark and 18 miles North of Stamford.
DESCRIPTION This property is a substantial three story retail building relatively close to the town centre and is currently in use as a cafe. The property comprises of a ground floor cafe / retail area with kitchen and storage space. The first and second floors are currently being used for storage 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 outside space measuring 850 Sq ft which could be used for storage or seating space. The property benefits from a prominent shop frontage and an alarm installed.
ACCOMMODATION The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.
Ground floor- 58.98 Sq m (635 Sq ft) First floor- 35.58 Sq m (383 Sq ft) Second floor-18.42 Sq m (198 Sq ft)
Total NIA- 112.98 Sq m (1,216 Sq ft)
BUSINESS RATES We understand from enquiries made of the Valuation Office website that the units have a rating assessment of: Restaurant & Premises: £8,800
Interested parties are advised to make their own enquiries as to the amount of rates payable.
AGENTS NOTE Under the Estate Agents Act of 1979, we hereby give notice that an employee of Richardson is a relative of the owner of this property.