Commercial Property in Grantham available for sale
3

Retail Showrooms for Sale near the Grantham, UK

Retail Properties for Sale Near the Grantham, UK

More details for Retail for Sale

40-41 St. Peters Hl

Grantham

  • Retail for Sale
  • £350,000
  • 2,618 sq ft
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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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FAQs about Grantham Retail Showrooms For Sale

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How many Retail Showroom listings are available for sale in Grantham?
There are currently 3 Retail Showrooms on the market in and around Grantham.
How much does it cost to buy Retail Showroom in Grantham?
Asking prices in Grantham range from £51 to £132, with a median of £94. Price depends on size, tenure and condition.

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