Location
The George Centre is situated within Grantham town centre being accessible from High Street, Guildhall Street and Westgate. Grantham is an established market town in South Lincolnshire being approximately 23 miles east of Nottingham and 25 miles south of Lincoln, having a residential population of approximately 40,000 people with a large catchment area.
Description
The premises comprise of a ground floor retail unit with a timber framed shop front and offering superb signage opportunities. It may lend itself to alternative uses and we would advise any incoming tenant to make their own enquires to this regard. The premises was previously used by a prominent retailer and is in excellent condition. The flooring is fully tiled, with suspended ceiling with lights and has storage space and comes with a separate kitchen area and sink. The premises has an prominent position in the Shopping Centre and easily accessible form the High Street.
Accommodation
The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.
Total NIA - 21.4 Sq m (230 Sq ft)
Services
We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment has been tested by Crystal & Co and prospective clients must rely on their own investigations as to their existence and condition.
Terms
We are able to offer short and long term leases. Typically 7 year lease with a rent review in year 3 and year 6 with a break clause if required.
Price
Competitive asking rent of £6,500 per annum excluding VAT.
Rating Assessment
The property has a rateable value of £1,568.00 and is listed as “Shop & Premises".
Service Charge
Service Charge is applicable and is capped at £1,000 excluding VAT.
VAT
Vat is applicable
Uses
All uses considered, currently E License. We would advise any incoming tenant to make their own enquires to this regard.
Reference: CL0025