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The Riverside Shopping Centre, SOUTHGATE, Sleaford, NG34

£1,458 pcm
£17,500 pa

£8.81 per sq ft

Business rates & charges may apply

Eddisons incorporating Banks Long & Co, Lincoln
SIZE AVAILABLE

1,987 sq ft

185 sq m

SECTOR

High street retail property to lease

USE CLASSUse class orders: A1 Shops

A1

Lease details

Lease available date:
Ask agent

Key features

  • Detached two storey retail unit in prime location
  • Ground Floor Sales: 1,139 sq ft
  • First Floor Sales: 848 sq ft
  • Current use is Class A2 (Financial & Professional Services)
  • Alternative use falling within Use Class A1 (Retail) and A3 (Restaurant & Café) are also considered appropriate - STPP
  • Part of an established retail precinct located in a prominent central location on Southgate
  • The Centre is currently undergoing refurbishment - Phase 1 now completed
  • Available on a new lease

Description

A detached unit with frontage towards Southgate and a prominent position within The Riverside Centre.

EPC Rating: E105

ACCOMMODATION
The property provides the following accommodation:
Ground Floor Sales 1,139 sq ft
First Floor Sales 848 sq ft
Total: 1,987 sq ft

LOCATION
Located in the heart of Sleaford town centre, The Riverside is an attractive pedestrian precinct located at the northern end of Southgate.

The Centre has a good tenant mix including Costa Coffee and Card Factory and is undergoing a programme of refurbishment with the first phase having been completed in 2017 and phase 2 due to start imminently.

The precinct leads through to a Sainsbury's supermarket and public car park to the rear, which provides over 100 spaces.

Sleaford is a popular town at the junction of the A15 and the A17 roads with a population of about 18,000 and a catchment of about 25,000.

It is the administrative centre of the North Kesteven District and provides the base for the main headquarters of Interflora.

TOWN AND COUNTRY PLANNING
The current use of the unit is Class A2 (Financial and Professional Services) of the Town and Country Use Classes Order 1987 (as amended).

Alternative use falling within Use Class A1 (Retail) and A3 (Restaurant and Café) are also considered appropriate, subject to the receipt of Planning Permission.

TENURE
The unit is available on a new lease on the equivalent of Full Repairing and Insuring Terms for a term of years to be agreed.

Where the lease exceeds 5 years the lease will be subject to upward only rent reviews.

RENT
£22,500 per annum exclusive payable quarterly in advance

SERVICE CHARGE
A service charge contribution is payable towards the external maintenance of the centre and common parts.

Services provided include buildings insurance, CCTV system, caretaker services, fire alarm maintenance, and external repairs. Please contact the agents for further details.

VAT will be charged in addition to the rent and service charge figures at the prevailing rate.

LEGAL COSTS
The in-going tenant is to be responsible for the Landlord's reasonable legal costs incurred in documenting the new lease.

VIEWING
To view the premises and for any additional information please contact the sole agents.

Brochures

The Riverside Shopping Centre, SOUTHGATE, Sleaford, NG34

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sleaford Station0.1 miles
  • Rauceby Station2.1 miles
  • Ruskington Station3.2 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference JRBM500U35. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Eddisons incorporating Banks Long & Co, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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