12 GRANTHAM ROAD, BRACEBRIDGE HEATH, LINCOLN, LN4 2LD
Recently refurbished self-contained retail unit
Adjacent Lincolnshire Co-op Food Store, Pharmacy and Post Office
39.97 sq m (430 sq ft)
Available on a new lease
Located along a busy parade of shops in prominent roadside location
TO LET
LOCATION
RATES
The property forms part of a busy parade of commercial properties in Bracebridge Heath and is situated in a prominent position in the centre of the village 2½ miles south of Lincoln city centre on the A607 Grantham Road, close to the A15 junction.
Charging Authority: North Kesteven District Council Description: Shop and Premises Rateable value: £5,100 UBR: 0.479 Period: 2017-2018
Lincolnshire Co-op Food Store is located along the same parade of shops, together with a pharmacy and Post Office. A good mix of local traders also occupy nearby units.
Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.
PROPERTY A semi-detached retail unit laid out over ground floor level with a glazed shop front. There is ample customer car parking to the rear of the property.
ACCOMMODATION Having measured the property in accordance with the prevailing RICS property measurement guidance, we calculate that the property has the following floor area: Sales Area
TENURE The property is available for a minimum term of 3 years, or multiples thereof. The lease will be drawn on the equivalent of Full Repairing and Insuring terms.
RENT
35.52 sq m
(350 sq ft)
Rear Store/Kitchen
7.45 sq m
(80 sq ft)
SERVICE CHARGE
WC
-
-
A contribution towards the upkeep of communal areas will be required. Further details available upon request.
Total NIA/GIA:
39.97 sq m
(430 sq ft)
£9,950 per annum exclusive
SERVICES
VAT
Mains services to include water, drainage and electricity are available and connected to the property, although these services have not been tested.
VAT will be charged in addition to the rental at the prevailing rate.
TOWN AND COUNTRY PLANNING
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in connection with the preparation and grant of the new lease.
The property has planning permission for A1 (Retail) use of the Town and Country Planning (Use Classes) Order 1987 (as amended).
The Money Laundering Regulations 2007 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity and address, normally a photocard driving licence or passport and recent utility bill. BANKS LONG & CO for themselves and for the vendors or lessors of this property whose agets they give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessers and do not consitute part of an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of BANKS LONG & CO has any authority to make or give any representation or warranty whatever in relation to this property.
An ingoing tenant may be able to apply or Small Business Rates Relief. We would encourage any interested parties to make their own enquiries with North Kesteven District Council.
VIEWING: To view the premises
and for any additional information please contact the sole agents.
LEGAL COSTS
Contact: Harriet Hatcher T : 01522 544515 E :
[email protected] Ref. 9/2017