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90 Westgate, Grantham, Lincolnshire, NG31 6LE

£2,333 pcm
£28,000 pa

£5.00 per sq ft

Business rates & charges may apply

Commercial List, Covering Nationwide
SIZE AVAILABLE

5,596 sq ft

520 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term
Furnish type:
Part furnished

Key features

  • Café / Retail Premises
  • Large Courtyard
  • Busy Town Centre Location
  • Large Basement
  • TOTAL NIA- 519.84 sq ft (5,596 sq ft)
  • Prominent Frontage
  • Potential For Living Accommodation
  • New Lease

Description

LOCATION
This property occupies a prominent position along Westgate in the centre of Grantham. Grantham is a growing market town with a current population of approximately 45,000. In coming years there is set to be circa 3,700 houses built as well as a health centre and shops at The Spittlegate Heath Development which is only circa 2 miles away from the subject property. Grantham is located approximately 15 miles South of Newark and 23 miles North of Stamford. The town benefits from the A1 Great North Road close by as well as The East Coast Mainline running through.

DESCRIPTION
The property comprises a substantial three-storey building with large basement that has over recent years been used as a restaurant/café. On the ground floor the accommodation comprises a main café/retail area with WC's and kitchen to the rear. Above the kitchen is a first floor that has be used as storage and an office. Above the front of the building there are two floors that have been used for ancillary storage but have planning permission for four one-bedroom flats ranging from 376 to 640 sq m. To the rear of the café area there is an external courtyard providing a substantial area for additional seating. The property is grade 2 listed and benefits from a large cellar and an attractive frontage onto Westgate. The kitchen contain a range of stainless steel sinks, work surfaces, shelving and gas cookers.

ACCOMMODATION
We have calculated the net internal floor area to be as follows;

Retail area- 134.76 sq m (1,451 sq ft)
Kitchen- 46.06 sq m (496 sq ft)
First floor store- 55.48 sq m (597 sq ft)
First floor- 91.78 sq m (988 sq ft)
Second floor- 94.76 sq m (1,020 sq ft)
Basement- 97 sq m (1,044 sq ft)

TOTAL NIA- 519.84 sq ft (5,596 sq ft)

SERVCIES
We understand that mains electricity, water, gas and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.

BUSINESS RATES
From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £21,500

Interested parties should make their own enquiries as to the amount of rates payable.

TERMS
The property is available TO LET on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £28,000 plus VAT per annum.

EPC
Energy rating: B

VAT
We understand that VAT will be charged.

LEGAL COSTS
Each party to pay their own legal costs incurred.

AGENTS NOTE
Under the Estate Agents Act of 1979, we hereby give notice that an employee of Commercial List is a relative of the owner of this property.

Brochures

90 Westgate, Grantham, Lincolnshire, NG31 6LE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grantham Station0.4 miles

About Commercial List, Covering Nationwide

Lindpet House, 5 Market Place, Grantham, NG31 6LJ

Commercial List are online commercial estate agents who are focused on providing a modern, cost-effective approach to property marketing, whilst upholding the core values of your traditional estate agent. We specialise in the sale and letting of all types of commercial properties, including retail, office, industrial, land, investments and leisure.

We offer a range of different marketing packages nationwide, starting from only £650 plus VAT, allowing you to find the right level of service to meet your requirements.

We pride ourselves on providing a professional service and having a hands-on approach to marketing, allowing you to identify a suitable tenant or purchaser for your property as quickly as possible.

Notes

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Disclaimer - Property reference 10-25. 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 Commercial List, Covering Nationwide. 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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