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Venture Way, Grantham, Lincolnshire, NG31

Guide Price
£1,200,000

£79.58 per sq ft

Business rates & charges may apply

Eddisons incorporating Banks Long & Co, Lincoln
SIZE AVAILABLE

15,079 sq ft

1,401 sq m

SECTOR

Leisure facility for sale

USE CLASSUse class orders: Sui Generis

sui_generis_3

Key features

  • 4.32m minimum working height
  • Open plan trading area
  • Adjacent to the A1 to the west of Grantham Town Centre
  • Opposite Grantham Meres leisure facility
  • Buzz Group Limited (469236) has a Creditsafe rating of A84.

Description

PROPERTY
The property comprises a detached building utilised for Bingo Hall use, being of steel portal frame construction with steel sheet clad elevations and fibre-cement sheet clad roof. There is a pedestrian entrance porch to the front of the property with separate fire exit and vehicular access door on the side (western) elevation. It has a minimum working height of 4.32m

The interior has been fitted out as a Bingo Hall including a main open plan trading area finished with carpeted floors, painted walls and suspended ceilings including inset lighting. There are further ancillary office, catering, staff, WC and storage facilities.

Externally there is an extensive car park with the site totalling approximately 0.77 hectares (1.91 acres).

LOCATION
The site occupies a prominent position at the junction of Venture Way with the busy Trent Road within an established employment area adjacent to the A1 to the west of Grantham town centre. The property is also a short walk from an extensive housing area.

Grantham is a thriving East Midlands market town strategically located adjacent to the A1 and on the East Coast mainline rail service.

SITUATION
The property is situated opposite the Grantham Meres leisure facility and to the south of the Grantham Book Services logistics complex.

SERVICES
We understand that mains water, electricity and drainage supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

TOWN & COUNTRY PLANNING
We understand that the property has established use falling within Sui Generis Class of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Alternative uses may be deemed appropriate, subject to receipt of necessary Planning Consent.

Interested parties are advised to make their own investigations with the Local Planning Authority.

TENURE
The property is available For Sale subject to the occupational lease to Buzz Group Limited which is drafted on Full Repairing & Insuring terms and due to expire on 7th June 2025. 

The passing rent is £120,000 p.a.x.

VAT
VAT may be charged in addition to the price at the prevailing rate, albeit it is expected that the sale will be progressed as a TOGC.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction. 

Brochures

Venture Way, Grantham, Lincolnshire, NG31

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grantham Station1.2 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10788WWCM. 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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