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Retail Property (high street) to rent

High Street, Brant Broughton, Lincoln

Withdrawn from Market £5,000 pa

Property Description

Full description

The property is situated on the West side of the High Street in Brant Broughton, approximately 8.4 miles from Newark and 12 miles from Sleaford.

Please note that this property has good access routes to the A17 (1/2 mile), A46 (1/2 mile) and A1 (8.6 miles).

This High Street retail unit provides a useful retail facility which may be used for a variety of different uses (Subject to Planning). The gross internal area extends to approximately 33.49 m² (360 sq. ft.).

There is a walk-in fridge provided at present in the property; this is believed to be in working condition and the tenant will be responsible for annual servicing and maintenance costs in relation to the fridge. They will also be required to ensure that the fridge is in working condition at the end of the Lease.

The property benefits from mains water and foul drainage and single phase electric. There is no gas connection at the property.

The tenant will be responsible for the payment of all usual outgoings including Business Rates and services.

The length of the Lease is negotiable subject to a minimum term of 3 years. The leave will be on an internal repairing and insuring basis and the tenant will be responsible for meeting the cost of all services. The tenant will also reimburse the landlord for the cost of buildings insurance.

The rent will be £5,000 per annum, payable quarterly in advance. There is no VAT applicable.

The rateable value as listed on the Valuation Office Agency website is £2,225.

There is no VAT applicable.

The tenant will be responsible for both parties´ legal fees which are associated with preparing the Lease.

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