6 Red Lion Street, Stamford

The property comprises of a ground floor lock up shop currently in use as a hairdressers with a large first floor area with an office space, beauty treatment rooms and a kitchen.

Location - Stamford is a prosperous, historic market town renowned for its many listed, stone buildings and popular with tourists, visitors and shoppers. The town is situated adjacent to the A1 with Peterborough some 12 miles to the south east and Grantham approximately 20 miles to the north.

The property is located on Red Lion Street, a busy thoroughfare connecting Red Lion Square with Broad Street.

Description - The property comprises of a ground floor lock up shop currently in use as a hairdressers with a large first floor area with an office space, beauty treatment rooms and a kitchen. The property has a small courtyard which provides pedestrian access off Wellington Lane to the ground and first floor.

Accommodation - The property has the following approximate floor areas measured in accordance with the RICS code of measuring practice on a net internal floor area basis:

Ground floor- 40.52 sq m (436 sq ft)
First floor- 55.61 sq m (598 sq ft)

Total NIA- 96.13 sq m (1,034 sq ft)

Services - We understand that mains water, electricity and drainage are connected to the premises. None of these services, or any other plant and equipment has been tested by Richardson and prospective occupiers must rely on their own investigations as to their existence and condition.

Business Rates - From enquiries of the Valuation Office website, we understand that the following rating assessment applies:

Shop & premises:- £12,500

Prospective lessees should make their own enquiries of South Kesteven District Council as to the amount of rates payable.

Terms - The shop is available on a new full repairing and insuring lease for a term to be negotiated at a rent of £20,000 per annum exclusive.

Epc - Energy rating: E120

Vat - We understand that VAT will not be charged on the rent.

Legal Costs - The tenant is to cover the landlords reasonable legal fees.

Viewing - For an appointment to view or further information please contact –

Andrew Leech
t: e:

Katie Mulhern
t: e: