Retail premises to let

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 45,000 people with a large catchment area. In coming years there is set to be 3,700 houses built for increasing population

Description

The premises comprise of a ground floor retail unit with a purpose made glass shop front offering superb signage opportunities. The property is in good condition and minimal works is required. It will be highly suited to a retail operator in the local area.

The premises are currently used under A1 use, however there is permitted change for up to two years to A2. We would therefore 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 - 79.4 Sq m (855 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

We are able to offer short and long term leases. Typically 7 year lease with a rent review in year 3 and year 6 with a break clause if required.

Price

Competitive asking rent of £7,500 per annum excluding VAT.

Rating Assessment
We understand that the rateable value is £14,250 and rates payable is £4,500

Service Charge
Service Charge is applicable and is capped at £3,000 P/A

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.