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Bar / Nightclub to rent

Retail Development, Grantham Road, Sleaford, Lincolnshire, NG34

5,000 sq. ft.

Property Description

Commercial information

  • 5,000 sq ft (464 sq m)

Key features

  • Up to 5,000 sq ft (464 sq m) STPP.
  • 15 dedicated car parking spaces.
  • Main road frontage.
  • 15 per square foot based on the gross internal area

Full description

Tenure: Leasehold

The proposed development fronts on to Grantham Road adjacent to the intersection with London Road, just to the south of the level crossing which connects on to the Southgate/town centre retail area. Sleaford is an important Market Town located at the intersection of the A15/A17 and A153 being the administrative centre of North Kesteven. The town has grown rapidly over recent years with major employment development to the east of the town and substantial housing to the west. The shortly to be adopted Sleaford Town Master Plan advocates larger housing allocations particularly to the north and south of the town. The town population is approximately 17,000.

Phase Two of the redevelopment envisages, subject to Planning, the provision of one or more units up to at total of 5,000 sq ft (464 sq m) of non-food retail space, together with the necessary servicing and 15 dedicated/exclusive car parking spaces. Phase One was pre-let to Elite Fish Restaurants, which is now trading.

Sleaford is presently witnessing a signi>cant amount of development activity and the re-focusing of the town centre retail offer. Tesco have secured Planning Permission for the development of a new store of approximately 90,000 sq ft within close proximity to the subject site. This development envisages the remodelling of the road infrastructure which sees Grantham Road at the forefront.

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