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Geese & Fountain 1 School Ln 4,660 sq ft of Retail Space Available in Grantham NG32 1QR

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HIGHLIGHTS

  • Affluent Leicestershire Village Location
  • Prime location
  • Attractive Detached Property

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • Ground
  • 4,660 sq ft
  • 10-20 Years
  • £8.58 /sq ft pa £0.72 /sq ft pcm £40,000 pa £3,333 pcm
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

Rental offers are invited for a new Free of Tie commercial lease. The new lease will be either 10 or 20 years, on a Fully Repairing and Insuring basis, with 5 year rent reviews to OMV and annual RPI uplifts capped at 5% and collared at 2.5%. The Lease may be assigned after the end of the first two years. The equivalent of six months’ rent is required as a deposit. A contribution to Landlord's legal fees of £1,500 will be payable.

  • Use Class: E
  • Partially Fit-Out as a Pub / Licensed Premise
  • Unit is standalone
  • Space In Need of Renovation
  • Kitchen
  • Raised Floor
  • Secure Storage
  • Exclusive WC facilities
  • Wooden Floors
  • Available on Brand New ‘Free of Tie’ lease
  • Large Car Park
  • Rear Beer Garden
  • Commercial Kitchen
Space Size Term Rate Type
Ground 4,660 sq ft 10-20 Years £8.58 /sq ft pa £0.72 /sq ft pcm £40,000 pa £3,333 pcm Fully Repairing & Insuring

Ground

Size
4,660 sq ft
Term
10-20 Years
Rate
£8.58 /sq ft pa £0.72 /sq ft pcm £40,000 pa £3,333 pcm
Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

Rental offers are invited for a new Free of Tie commercial lease. The new lease will be either 10 or 20 years, on a Fully Repairing and Insuring basis, with 5 year rent reviews to OMV and annual RPI uplifts capped at 5% and collared at 2.5%. The Lease may be assigned after the end of the first two years. The equivalent of six months’ rent is required as a deposit. A contribution to Landlord's legal fees of £1,500 will be payable.

  • Use Class: E
  • Partially Fit-Out as a Pub / Licensed Premise
  • Unit is standalone
  • Space In Need of Renovation
  • Kitchen
  • Raised Floor
  • Secure Storage
  • Exclusive WC facilities
  • Wooden Floors
  • Available on Brand New ‘Free of Tie’ lease
  • Large Car Park
  • Rear Beer Garden
  • Commercial Kitchen

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 4,660 sq ft
Property Type Retail
Property Subtype Bar
Net Internal Area (NIA) 4,660 sq ft
Year Built 1850

ABOUT THE PROPERTY

The Geese & Fountain is a two storey stone and brick-built detached property beneath pitched tiled roofs, with single storey flat and pitched roof additions to the rear. The ground floor accommodation briefly consists of three connecting trading areas arranged around a timber bar servery. The Bar Area has approximately 40 covers with wooden floor and beamed ceiling, raised area with darts throw; Dining Area has an additional 20 covers with flagstone flooring and brick built feature fireplace. The Lounge area has easy chair seating for c. 20 with exposed stone walls and open feature fireplace.

  • Listing ID: 33321481

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: 1 School Ln, Grantham NG32 1QR

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