01476 514433 |
[email protected] THE ERMINE WAY, WAY 71 Ermine Street, Ancaster, NG32 3QJ FOR SALE £125,000 TO LET £9,250 per annum exclusive Village Centre Ground Floor Hostelry • Currently undergoing refurbishment. • Ground Floor Bar & Restaurant Area with Basement and Male & Female WC Provision. • Refurbishment will include new Kommerling UPVC sash lookalike windows, re-plastering and repainting, fittings of electric radiators and rewiring. The property will be left as a blank canvas ready for fit out. • May be suitable for alternative uses such as hairdressers, shop or office subject the necessary planning consents being obtained. • Car parking provision to the rear. • EPC Rating – D88.
87 sq m (935 sq ft)
Location
Long Leasehold
The premises are situated on Ermine Way within the village of Ancaster. Ancaster lies approximately 8 miles north east of Grantham and approximately 7 miles west of Sleaford. Ancaster has a population of approximately 1,300 (2001 Census) and has a primary school, local shop, butchers and Post Office. Woodland Waters Holiday Park is situated just outside the village.
The property is available to purchase by way of a 999 year lease at a price of £125,000.
Description The property comprises part of a three storey brick built building with a pitched pantile roof. The premises comprise the ground floor section of this part of the property. Upon completion of the works the property will have an exposed concrete floor, and painted plaster walls. The area will have heating via electric radiators and will have been rewired. There is male and female WC provision. Although the drawings for the premises do provide for a kitchen area this will not be installed and the property will be left or a tenant to fit out. To the rear of the property there is a block paved/tarmacadam car park. The occupier of the hostelry will have the right to use approximately 8 car parking spaces. There is additional on-street car parking to the front of the property. The property is accessible via an entrance on Ermine Street.
Accommodation We have measured the property on a net internal area basis by using scaled drawings and the property provides approximately 935 sq ft (87 sq m) of accommodation.
Rent The property is available by way of a new effectively full repairing and insuring lease at a rent of £9,250 per annum exclusive.
Legal Costs Each party will be responsible for their own legal fees incurred in this transaction.
EPC Rating Prior to the works being commenced to split the property the entire premises have an EPC Rating of D88. On completion of the conversion works a further EPC will be commissioned.
Viewing & Further Information Strictly by appointment with the sole letting agent:Brown & Co Granta Hall 6 Finkin Street Grantham NG31 6QZ Tel: 01476 514433
Sarah Pettefar
[email protected] Planning The premises have a planning consent for use as a ground floor hostelry by way of a planning consent granted on 5th June 2017. As part of the consent any occupier of the property will be obliged to create a retractable awning smoking shelter to the side elevation of the premises.
Location Plan
The property may be suitable for a number of alternative uses including retail or office accommodation subject to the necessary planning consents being obtained.
VAT The property is not elected for VAT at the prevailing rate.
Services From our inspection we understand that mains electricity, water and drainage are connected to the property. Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer in respect of the property. None of the services or heating apparatus contained within the property have been tested by Brown & Co and as such no warranty is given or implied as to their condition.
Business Rates The property has not yet been assessed for Business Rates. We suggest that any enquiries in connection with the Rateable Value of the property are directed to South Kesteven District Council on 01476 406080. We understand from our client that the property will qualify for 100% Small Business Rates Relief for eligible occupiers.
IMPORTANT NOTICES Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that: 1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions, dimensions, references to condition and other items in these Particulars are given as a guide only and no responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on them as statements or representations of fact and should satisfy themselves as to the correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked. Metric/imperial conversions are approximate only. 3. Intending Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses and any others matters affecting the property prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation or warranty in relation to this property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers or Lessees in inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property, intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co – Property and Business Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC302092. These particulars were prepared in July 2017.
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