South Para | Grantham NG31 6HT
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- LoopNet Team
South Para
Grantham NG31 6HT
Aldi Foodstore Ltd · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong secondary location, adjoining existing Dunelm, Buildbase and Furniture Barn
- Long Leasehold with current geared Ground Rent of £17,500 p.a.
- Total plot area of circa 1.7 acres
- Dedicated parking—92 spaces
- Available 2022 (following proposed relocation)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Property Size
14,090 sq ft
Costar Property Class
B
Year Built
1995
Tenancy
Single
Number of Floors
1
Plot ratio
0.08
Total Plot Size
4.17 ac
Frontage
27 ft on South Parade
AMENITIES
- Security System
- Storage Space
ABOUT SOUTH PARA , GRANTHAM, LIN NG31 6HT
The property comprises a detached retail/supermarket building of steel frame construction, together with an adjoining surface car park for 92 cars. The subject Unit occupies a prominent main road position on South Parade, to the south of the existing Town Centre and London Road, which is regarded locally as the Town’s prime retail warehouse pitch. Nearby occupiers include Dunelm, together with a Buildbase Building Centre, Furniture Barn and McDonalds.
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