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 Unit 28, 41 and 42 which is located on the first floor and being used as a leisure premises unit with a black metal framed shop front and a glass shopfront offering superb signage opportunities. It may lend itself to alternative uses such as a activity centre of dance studios and we would advise any incoming tenant to make their own enquires to this regard. The premises was previously used as a Gym and is in excellent condition, there are various gym equipment and fittings included. The flooring are fully carpeted and laminated, with recess spot lights and ample storage space. The premises has most of the gym equipment and all toilet shower facilities are in working order. There is male and female changing rooms and toilets. The Gym also, has three separate rooms that can be used for classes or circuit training. We recommend prospective buyers to make their own tests and enquiries.
Accommodation
The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.
Total NIA - 3270.70 Sq m (4719.3 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
999 Years leasehold
Price
Competitive asking price of £179,950 excluding VAT for the long leasehold interest in the property.
Service Charge
To be advised
Rating Assessment
We understand that the rateable value is £34,500 and rates payable is £17,644 and
VAT
Vat is applicable
Uses
All uses considered, currently D2 Leisure. We would advise any incoming tenant to make their own enquires to this regard.
Tenure: Leasehold (999 years)
Service Charge:
Reference: CS0011