Unit 2B Jave Close, Grantham

An excellent opportunity to take a lease assignment on this superb trade counter/retail/light industrial unit with a frontage onto Dysart Road. The unit is 2 storey and provides excellent quality space over 2 floors including retail counter area, offices, kitchen and workshop storage space which as been fully fitted to a high standard and can be adapted for retail and trade counter uses.

Location

The property is situated on Jave Close which is a modern trade counter, retail and industrial situated off Dysart Road in Grantham. The unit has an excellent side frontage onto Dysart Road. The property is situated in a highly prominent position within a 1/2 mile of the main town centre. Within a short distance of the train station which has a regular service to London King's Cross within 1 hour travelling time. Grantham is a market town within Lincolnshire situated on the banks of the River Witham and bounded to the west by the A1. It lied 23 miles south of Lincoln, 22 miles east of Nottingham. The population is in excess of 45,000 and expanding rapidly.

ACCOMMODATION

The property offers hi-spec quality accommodation which can be adapted into larger trade counter and retail space and workshop space. The overall space comprises 3622 sqft (336.4 sqm) over 2 floorsGround FloorFront reception/counter spaceWCsKitchen2 0fficesWorkshopStorage and back entrance First FloorLanding KitchenLarge general office 4 further cubicle offices to the sides and rearThe space has superb dividing walls which will remain, full climate control system and security system. The tenants will also consider selling office furniture if required. The premium to purchase the high-quality fixtures and fittings, dual air conditioning/heating units, glass modules, furniture, filing and storage units. is £25,000.There is a monitored intruder & fire alarm system installed and CCTV.

PLANNING

The unit has B1, B2, B8 including retail/trade counter use

SERVICES

Mains Electricity, water, drainage and gas are connected. There is a quarterly service charge of £184.44 plus vat per month and an annual insurance of £1093.86 plus VAT.

TENURE

The property is subject to and existing lease assignment and a copy of the lease can be made available. Any assignment will have to have approval from the landlord. This will require ID, AML, reference checks etc. The ingoing tenant will also be responsible for the landlords fees in connection with the assignment including their agents and lawyers fees. As of February there is 5 years remaining on the lease however the landlord is willing to extend for a longer term if required.

RATEABLE VALUE

The property has a rateable value of £26,500 in the April 2023 list.

CEPC

The property has a CEPC of A (22)

LEGAL COSTS

Each party to pay their own legal costs. The assignee is responsible for the landlords legal and surveyors fees for consent to the assignment.

VAT

The rent and premium are exclusive of VAT if applicable. The rent of £24,000 pa includes VAT.

LOCAL AUTHORITY

South Kesteven District CouncilCouncil OfficesThe Picture HouseSt Catherines RoadGranthamNG31 6TTTel Email

VIEWINGS

Contact Pygott & Crone Commercial 36a Silver StreetLincoln LN2 1EWTel