Retail in Ingoldsby available for sale
3

Retail Properties for Sale near the Ingoldsby, Grantham

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Retail Properties for Sale Within 5 miles of the Ingoldsby, Grantham

More details for Retail for Sale

40-41 St. Peters Hl

Grantham

  • Retail for Sale
  • £350,000
  • 2,618 sq ft

Grantham Retail for Sale

Comprises two-storey retail premises t/a Savers. The property benefits from rear exit and provides the following accommodation and dimensions: Ground Floor: Open plan retail, storage, ancillary. First Floor: Office, staff rooms, kitchen, storage, wc. The property is at present let to Savers Health and Beauty Limited* for a term of 5 Years from 23rd June 2023 at a current rent of £28,000 p.a. and the lease contains full repairing and insuring covenants. Tenant break option in 2026 NOT exercised. Tenant benefits from 3 months rent free in exchange for not exercising the 2026 break clause. The rent-free is for the period 24.06.26 to 28.09.26. The vendor would top up rent (~£7,350) so the buyer receives the equivalent to £28,000 p.a. from sale completion Tenant in occupation for 20+ years. *For the year end December 2023, Savers Health and Beauty Ltd reported a turnover of £754,8M, pre-tax profit of £61,2M, shareholders funds of £142,1M and a net worth of £66,5M. (Source: Experian)

Contact:

Blue Alpine Partners Ltd

Date on Market:

29/12/2025
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More details for 3A Westgate, Grantham - Retail for Sale

3A Westgate

Grantham, NG31 6LT

  • Retail for Sale
  • £350,000
  • 5,110 sq ft

Grantham Retail for Sale

Multiple Freehold Shops Investment (No.1/No.2/No.3A) VAT is applicable to this property Comprising three shops and upper parts Town centre location Occupiers close by include HSBC, Anytime Fitness, Age UK and British Red Cross, with Pizza Express and the Edinburgh Woollen Mill in the George Shopping Centre Property Description: These Grade II listed properties are arranged over basement, ground, first and second floors to provide three ground floor shops with ancillary accommodation to the upper floors and basement. Tenancy: Shop No.1 is at present let to The Hair Band Limited for a term of 7 years from 25th December 2017 at a current rent of £10,000 per annum and the lease contains full repairing and insuring covenants. The lease provides for a rent review every fourth year and tenant has option to determine on the 24th June 2021. Rent deposit held of £2,969.85. The shop No.2 is at present let to D Punchihewa for a term of 6 years from 1st December 2018 at a current rent of £7,800 per annum and the lease contains full repairing and insuring covenants. The landlord has given personal concession to tenant by way of reducing rent to £525 pcm, but has agreed to top-up the shortfall in rent upon completion. The tenant has the option to determine on 1st December 2020, but did not exercise break clause in 2019. Rent deposit held of £1,000. The shop No.3A is at present let to L M Doherty for a term of 4 years from 26th March 2020 at a current rent of £10,140 per annum and the lease contains full repairing and insuring covenants. Rent deposit held of £1,690. Location: The attractive market town of Grantham has a population of some 43,000 and is situated at the junction of the A1 with the A52, some 25 miles east of Nottingham and 26 miles south of Lincoln. Grantham Rail Station is served by the East Coast Mainline with fastest services to London King’s Cross taking 1 hour 5 minutes. This Grade II listed property is situated fronting the east side of Westgate, adjacent to the George Shopping Centre and a short distance from Market Place. Occupiers close by include HSBC, Anytime Fitness, Age UK and British Red Cross, with Pizza Express and the Edinburgh Woollen Mill in the George Shopping Centre.

Contact:

Blue Alpine Partners Ltd

Date on Market:

07/05/2020
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LoopNet UK Lincolnshire Grantham Retail Properties For Sale in Ingoldsby, Grantham, UK

Learn More About Investing in Retail Properties

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FAQs about Retail property for sale in Ingoldsby

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How many Retail Property listings are available for sale in Ingoldsby?
There are currently 0 Retail Properties available for sale near Ingoldsby. These Ingoldsby Retail Property listings have an average size of. The largest available listing in Ingoldsby is. The thriving commercial centre and excellent transport links in Ingoldsby make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Ingoldsby?
The average price/SF for Retail Property for sale in Ingoldsby is about. The cost per sq ft for Retail Property in Ingoldsby ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Ingoldsby?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Ingoldsby?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Ingoldsby is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Ingoldsby, Grantham

With 0 retail units currently available for sale in Ingoldsby, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Ingoldsby, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Ingoldsby, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Ingoldsby can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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