Retail premises for sale

Description

Location

The George Centre is situated within Grantham town centre being accessible from High Street, Guildhall Street and Westgate. Grantham is an established market town in South Lincolnshire being approximately 23 miles east of Nottingham and 25 miles south of Lincoln, having a residential population of approximately 40,000 people with a large catchment area.

Description

The premises comprise of a ground floor retail unit with a double fronted timber framed shop front offering superb signage opportunities. The premises are in good condition and minimal works will be required to open a new premises. It may lend itself to alternative uses and we would advise any incoming tenant to make their own enquires to this regard.

Accommodation

The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.

Total NIA - 89.3 Sq m (961 Sq ft)

Services

We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment has been tested by Crystal & Co and prospective clients must rely on their own investigations as to their existence and condition.

Terms

999 Years lease

Price

Competitive asking price of £65,000 excluding VAT for the long leasehold interest in the property.

Rating Assessment
We understand that the rateable value is £12,750 and rates payable is £2,695

Service Charge
To be confirmed

VAT

Vat is applicable

Uses

All uses considered, currently E License. We would advise any incoming tenant to make their own enquires to this regard.

Tenure: Leasehold (999 years)
Service Charge: £4,181 per year