11 COMMERCIAL ROAD, Grantham, NG31 6DB PRICE - Homeflow

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01476 514433 | [email protected]

11 COMMERCIAL ROAD, Grantham, NG31 6DB PRICE: OFFERS IN EXCESS OF £150,000 FREEHOLD Former Social Club with Redevelopment Potential • Extensive former Social Club premises comprising a former Chapel and terraced house which have been amalgamated internally. • Net internal area approx. 3,658 sq ft (340 sq m) excluding a presently inaccessible first floor element of the property which will provide additional accommodation. • Enclosed paved rear yard area. • Situated in mixed commercial/residential area on the outskirts of the town centre. • Premises offer, in our opinion, excellent redevelopment potential to Residential Apartments, subject to the relevant planning permission being obtained.

340 sq m (3,658 sq ft)

Location

VAT

Grantham is an established and expanding market town in South Lincolnshire being approximately 23 miles east of the city of Nottingham and 25 miles south of the city of Lincoln. The town has a resident population of approximately 38,000 people with a large and expanding catchment area. The A1 runs immediately to the west of the town providing excellent road communications and the town also benefits from a mainline rail connection to London Kings Cross with a journey time of approximately 75 minutes. Grantham has been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years.

The quoting asking price expressed herein is exclusive of, but may be liable to, VAT at the prevailing rate and prospective purchasers should clarify the VAT position prior to making an offer to purchase this property.

Commercial Road is a one-way street situated on the edge of the town centre accessed off Wharf Road. The area is mixed commercial and residential and within easy walking distance of Grantham’s Railway and Bus Stations.

Planning

Description The former Grantham Electric Social Club comprises a former Chapel of rendered brick construction under a pitched and slated roof covering attached to a former terraced house of brick construction under a pitched and concrete tiled roof covering which have been amalgamated at ground floor level internally. No access can be obtained to the first floor of the former terraced house which could provide additional accommodation in any redevelopment scheme for which planning permission can be obtained by a potential purchaser. The properties have a small surfaced rear yard area with access onto Commercial Road via a side passageway.

Accommodation In terms of net internal area, the property has the following approximate areas: Description Club Room/Bar Cellar Kitchen/Wash Up Area Snooker Room WCs Function Room Bar Store

The property is described in the 2010 Rating List as a Club and Premises with a Rateable Value of £6,200. For further information in respect of Rates payable, please contact the Billing Authority, South Kesteven District Council. Tel: 01476 406080.

The premises have been used for a number of years as a Social Club and as such have an established use covered by Use Class D2. We believe that the property offers excellent redevelopment potential and could be converted to Residential Apartments subject to the relevant planning permissions being obtained. For enquiries in respect of planning-related matters, please direct these to the Local Planning Authority at South Kesteven District Council. Tel: 01476 406080.

Asking Price We are seeking offers in excess of £150,000 for the freehold interest in this property with vacant possession to be granted upon completion. Our clients are receptive to offers of both an Unconditional and Conditional nature and prospective purchasers should state any conditions attached to their offer on submission.

Legal Costs

(all figures approximate)

Floor Ground Ground Ground Ground Ground First First Total GIA

Business Rates

sq m 107.3 27.6 13.1 32.9

sq ft 1,155 297 141 354

155.3 3.6 339.8

1,672 39 3,658

Each party will be responsible for their own legal costs incurred in any transaction negotiated.

Viewing & Further Information For further information or an appointment to view this property please contact:Brown & Co Granta Hall 6 Finkin Street Grantham NG31 6QZ Tel: 01476 514433

James Cameron 01476 514450 [email protected]

Services We understand that mains electricity, water and drainage are connected to the property and that mains gas is available from Commercial Road. Prospective purchasers are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to purchase the freehold interest in this property. None of the services are apparatus contained within the premises have been tested by Brown & Co and no warranty is either implied or given as to their condition.

EPC Rating The EPC Rating is C58.

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 September 2016.

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