Westgate, Grantham, Lincolnshire, NG31
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Description
FOR SALE
14 & 14A Westgate, Grantham, NG31 6LT
and Guildhall Court, Grantham, NG31 6NJ
An opportunity to purchase a mixed-use commercial investment portfolio of 6 properties currently producing £33,700 p.a. but with potential for further growth. Fully let, the premises include 5 retail units and 1 restaurant, located in the town centre close to the marketplace and High Street.
PRICE: Offers over £400,000
GRANTHAM: Is an increasingly popular Market town with a growing population of around 35,000 and shopping population estimated at between 70,000 and 80,000. There are excellent road and rail connections with the town being at the junction of the A1 and A52 trunk roads and within easy reach of major centres in the area including Nottingham, Leicester and Peterborough, all within 40 miles radius. London is approximately 65 minutes away by high-speed train from Grantham railway station.
The properties are:-
14 WESTGATE:
GRADE II LISTED BUILDING
TOTAL AREA: APPROXIMATELY 555.96 sq. ft. ( 43.64m2)
EPC: C51
RATEABLE VALUE: £8,600
14A WESTGATE:
GRADE II LISTED BUILDING WITH POTENTIAL ATERNATIVE USE FOR THE 1ST AND 2ND FLOORS.
TOTAL AREA: APPROXIMATELY 1851.39 sq. ft (172m2) IN TOTAL
EPC: E103
RATEABLE VALUE: £9,100
UNIT 1, GUILDHALL COURT
COURTYARD PRECINCT SHOP WITH TWO PROMINENT WINDOW DISPLAYS
TOTAL AREA: APPROXIMATELY 411.50 sq. ft. (38.23m2)
EPC: B50
RATEABLE VALUE: £3,850
UNIT 2, GUILDHALL COURT
COURTYARD PRECINCT SHOP
TOTAL AREA: APPROXIMATELY 359,91 sq. ft. (32.77m2)
EPC: C57
RATEABLE VALUE: £3,450
UNIT 3, GUILDHALL COURT
COURTYARD PRECINCT SHOP
TOTAL AREA: APPROXIMATELY 307.15 sq. ft. (30.55m2)
EPC: B44
RATEABLE VALUE: £3,500
KNIGHTINGALES, UNIT 4, GUILDHALL COURT
LARGE, ATTRACTIVE COURTYARD PRECINCT RESTAURANT
TOTAL AREA: APPROXIMATELY 797.71 sq. ft. (74.11m2) PLUS CELLAR
EPC: C61
RATEABLE VALUE: £8,500
The buyer should make their own enquiries as to their use for the property with South Kesteven District Council if appropriate.
SERVICES: Mains water, electricity and drainage are connected and other services are available in the street. No tests have been carried out of any of the services and no guarantee or warrantee is given as to the effectiveness, suitability or adequacy nor whether are they sufficient to meet the requirements and needs of the takers.
PHOTOGRAPHS: Any photographs and/or plans are for identification purposes only.
MEASUREMENTS: Whilst every care has been taken in the preparation of these particulars, the purchasers or prospective tenants are advised to satisfy themselves that the statements contained and measurements given, if any, are correct. All measurements are approximate and given to the nearest 0.076m. (3ins.)
MONEY LAUNDERING: Money Laundering Regulations 2003: Intended purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing a sale.
MISREPRESENTATION ACT: 'Pigott and Hall for themselves and for sellers or lessors of this property whose agent they are give notice that: (i) the particulars are set out as a general guide only for the guidance of purchasers & lessees, and do not constitute, nor constitute any part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (iii) no person in the employment of Pigott and Hall has any authority to make or give representation or warranty in relation to this property.'
POSSESSION: The FREEHOLD premises are marketed with the tenants in situ. If bought separately the title may need splitting and which can be sorted by the solicitors in the conveyancing process.
VIEWING: By appointment with the Selling Agent Pigott & Hall, 38 Westgate, Grantham, Lincs NG31 6LY
Brochures
BrochureEnergy Performance Certificates
14 Westgate14A WestgateUnit 1Unit 2Unit 3Unit 4Westgate, Grantham, Lincolnshire, NG31
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Grantham Station0.4 miles
Notes
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