About this property

Detailed Description

The property comprises an end-terraced Retail Unit and ancillary accommodation over three floors. The ground floor currently
comprises a reception office, meeting room, office/consultation room, kitchen, 2 x stores and a disabled WC. The majority of the ground floor has been divided by stud wall partitioning which could be removed to create a larger open-plan retail space. The first floor comprises 7 offices/consultation rooms and the second floor comprises 4 offices/consultation rooms, kitchen and ladies WC. The space on the first and second floors has also been separated by stud wall partitioning and could be removed to create open-plan space if required.

The property benefits from air conditioning, suspended ceilings with LED lighting and a recently refurbished shop front with a return
frontage onto Market Place.

Location

Grantham is an established Market Town in South Lincolnshire being approximately 23 miles East of Nottingham and 25 miles South of
Lincoln and having a residential population of approximately 38,000 people with a large catchment area. The A1 runs immediately to the West of the Town providing excellent road communications and the Town also benefits from a main line rail connection to London Kings Cross with a journey time of approximately 75 minutes.

71 High Street benefits from being located on the corner of High Street and Market Place within Grantham Town Centre. Nearby
occupiers include British Heart Foundation and Newton Fallowell Estate Agents.

Accomodation

The property has been measured on a Net Internal Area basis:

Ground Floor - Sales Area/Offices/Meeting Rooms - 65.0 sq m / 700 sq ft
Ground Floor - Kitchen - 8.2 sq m / 88 sq ft
Ground Floor - Disabled WC -
Ground Floor - Stores - 6.6 sq m / 71 sq ft
First Floor - Office/Storage Space - 70.7 sq m / 761 sq ft
Second Floor - Office/Storage Space - 80.1 sq m / 862 sq ft
Second Floor - WC -
TOTAL NIA - 230.6 SQ M / 2,482 SQ FT

Business Rates

The property is assessed under the 2023 Rating List as a Resource Centre and Premises with a Rateable Value of £12,750.

Subject to the ingoing tenant meeting certain criteria, it is possible to claim up to 100% exemption from the payment of Non-Domestic
Business Rates utilising the Government's Small Business Rate Relief Initiative. We would recommend that prospective tenants contact
South Kesteven District Council regarding this matter Tel: 01476 406080.

Services

We understand that the property is connected to mains electricity, water and drainage.

Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to
making an offer to take a new lease in respect of this property.

Viewing

For further information or to arrange a viewing please contact:

William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

VAT

We understand that VAT will be charged upon the rent.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any letting negotiated.

Other

TOWN AND COUNTRY PLANNING
The property has been used as a Resource Centre and as such has an established use which is now covered by Use Class E of The Use
Classes Order 2023. We would recommend that prospective tenants discuss any planning related enquiries with the Planning Department at South Kesteven District Council prior to making an offer to take a lease in respect of this property. Tel: 01476 406080.

EPC
The property has an EPC Rating of E121 valid until 27th November 2031.

Terms

The property is made available by way of a new effective full repairing and insuring lease for a minimum initial term of 3 years at £20,000 per annum.