Retail premises comprising front and rear sales areas, attractive shop front and display windows to St Mary’s Street, a small store, w.c and kitchenette.

Location - The property comprises a well located retail shop situated on the busy St Mary's Street in the town centre of Stamford, St Mary’s Street is one on the most popular independent trader locations in Stamford. 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.

Description - The premises comprise of a self contained ground floor retail unit on a prominent position in an area popular with independent retailers. The property has an attractive frontage with with “ingo” and display windows to St Mary’s Street. The ground floor comprises front and rear sales areas, a small store, w.c and kitchenette.

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:

Front Sales 24.75 sq m (266 sq ft)
Rear Sales 34.20 sq m (368 sq ft)
Additional Room 4.32 sq m (46 sq ft)

Total approximate Net Internal Floor area 63.27 sq m (680 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:

Current 2 December 2022 to present - £11,750
Future from 1 April 2026 - £15,500

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 internal repairing and insuring lease for a term to be negotiated at a rent of £24,000 plus VAT per annum exclusive.

Epc - EPC Rating - 61c

Vat - We understand that VAT will be charged on the rent.

Legal Costs - Each party is to be responsible for its own legal costs incurred in the transaction.

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

Andrew Leech t: e:

Katie Mulhern t. e.