North Witham Road, South Witham, Grantham, NG33 5QQ
Size
9,050
Tenure
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EPC
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Parking
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- Primary use
- Other
Key features
- BUSINESS UNAFFECTED
- Warehouse Investment Comprising Modern High Bay Retail Warehouse
- Close to the A1
- Conveniently Located Between Stamford and Grantham
- Modern 5.3m (IEH) High Steel Portal Frame Extending to 840sqm, 9,050sqft
- Subject to a Full Repairing and Insuring Lease at £30,000 pa, 6 years Unexpired
Description
South Witham is located approximately ½ a mile from the A1 trunk road in South Lincolnshire. The village enjoys public houses and basic amenities.
Stamford is approximately 10 miles to the south, and Grantham is approximately 10 miles to the north, with Melton Mowbray approximately 12 miles to the west and Nottingham approximately 25 miles to the north-west.
The property is located to the north of South Witham on the west of the road in a fenced compound with other industrial users.
Description...
The property comprises a modern clear span retail warehouse let out on Full Repairing and Insuring Terms.
A high roller-shutter door leads to the main storage area (46m x 18.3m) having part insulated panels and internal eaves height to the underside of the haunch of 5.8m.
A staircase leads to a modern well-finished first floor office, having tiled floor and viewing area.
At the northern end of the warehouse is an amenity block comprising; a modern kitchenette, WC and an accessible WC.
There is a small car parking area to the front of the warehouse.
It is understood that 3-phase electricity is available.
Tenure...
The property is let on Full Repairing and Insuring Terms on a lease dated September 2021 for a 10-year period to Brindisa Limited.
The passing rent is £30,000 per annum with a rent review at year 5 linked to RPI. Copies of the lease are available on request.
Outgoings...
The tenant is responsible for all outgoings including Business Rates and utilities. The unit has a Rateable Value of £40,250, full details are available on the VOA website.
EPC...
The property has an Energy Performance Rating C54. Full details are available on request.
Viewing...
All viewings are to be made strictly by appointment through the agent. Poyntons Consultancy.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
About Poyntons Consultancy Ltd, Lincolnshire Office
Poyntons Consultancy offers advice on disposals, property acquisitions and property development across the following sectors: Retail, Industrial, Office & Business Parks, Hotels & Leisure and Residential.
As a property consultants agency we deliver exceptional results to a large and varied client base consisting of developers, investors, landlords and tenants.
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Disclaimer - Property reference WarehouseSouthWitham. 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 Poyntons Consultancy Ltd, Lincolnshire Office. 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.