20/20A BROOK STREET & 22 SWINEGATE, Grantham, NG31 6RJ ...
01476 514433 | [email protected]
20/20A BROOK STREET & 22 SWINEGATE, Grantham, NG31 6RJ PRICE: £260,000 FREEHOLD Town Centre mixed commercial/residential development opportunity • Ground floor comprises a consented A5 Hot Food Takeaway with ancillary accommodation in addition to a further self-contained Retail Unit. Rear access leading to extensive self-contained first and second floor accommodation. • Upper floors have potential for conversion for several self-contained Residential Apartments, subject to the relevant planning permission being obtained.
265 sq m (2,852 sq ft)
Location
EPC Rating
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 residential 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 main line rail connection to London Kings Cross with a journey time of approximately 75 minutes. Grantham has recently been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years. Swinegate and Brook Street are situated in a mixed commercial and residential location on the edge of the town centre and the subject property is situated adjacent to The Kings School.
Copies of the Energy Performance Graphs for the constituent parts of the subject property can be obtained from our Grantham office upon request, however, Energy Efficiency Ratings for the various parts of the property are as follows:
Description The premises comprise an extensive three storey corner property which at ground floor level comprises a consented A5 Hot Food Takeaway premises with extensive ancillary accommodation in addition to a further selfcontained Retail unit, the upper floors, in our opinion, are suitable for conversion to several self-contained Residential Apartments, subject to the relevant planning permission being obtained. We are informed that the property is not a Listed Building however is situated within the established Town Centre Conservation Area.
Accommodation (all figures approx.) In terms of net internal area, the property comprises the following: Floor
Use
Sq Ft
Sq M
Ground (Former A5 Takeaway 20 Brook Street)
Shop
204
Ground
Kitchen
100
9
Ground
Preparation Room
133
12
Ground
Store
369
34
Ground (Retail Unit 20A Brook Street)
Shop
305
28
Ground
Store
193
18
19
Former Takeaway Unit, 20 Brook Street – EPC Rating C75 Ground Floor Retail Unit, 20a Brook Street – EPC Rating E111 Residential Accommodation above 22 Swinegate – EPC Rating E51
Business Rates The ground floor Shops at No’s. 20 & 20a Brook Street are assessed under the 2010 Rating List as Shops & Premises with Rateable Values of £3,800 & £4,650 respectively. Further information in respect of this matter and Business Rates payable can be obtained from South Kesteven District Council. Tel: 01476 406080. The upper floor residential accommodation at 22 Swinegate is assessed for Council Tax purposes as a Band D property and enquiries in respect of Council Tax payable in respect of this element of the property can also be obtained from South Kesteven District Council.
Planning We understand that the Retail Premises at 20a & 20 Brook Street benefit from A1 Retail and A5 Hot Food Takeaway consents respectively given their historic uses. We would recommend prospective purchasers/developers clarify the current allowable uses in respect of the Ground Floor Retail Units and potential for the redevelopment of the upper floors via the Planning Department at South Kesteven District Council. Tel: 01476 406080. We are informed that the property is not a Listed Building, however, is situated within the established town centre Conservation Area.
Tenure The property is to be sold on a freehold basis with vacant possession to be granted upon completion. Offers in excess of £260,000 are sought for the freehold interest in these premises in their entirety with vacant possession to be granted upon completion. Our clients may give consideration to both conditional and unconditional offers made in respect of these premises, however, any conditional offers would need to include detailed redevelopment plans that the purchaser would have for the property together with a timescale for the submission and determination of any planning application to be submitted at the proposed purchaser’s expense.
Ground (22 Swinegate)
Reception Lobby
First
Former Lounge
316
29
First
Former Dining Room
220
20
First
Kitchen
81
7
First
WC
First
Former Bedroom
76
7
First
Former Bedroom
105
10
Viewing & Further Information
Second
Former Bedroom
152
14
Second
Former Bedroom
203
19
For further information or an appointment to view this property please contact:-
Second
Former Bedroom
117
11
Second
Former Bedroom
174
16
Second
Former Bedroom
104
10
Second
Bathroom/WC 2,852
263
TOTAL
Services
Brown & Co Granta Hall 6 Finkin Street Grantham NG31 6QZ Tel: 01476 514433
James Cameron 01476 514450 [email protected]
We understand that various elements of the property are connected to mains gas, electricity, water and drainage. We would advise prospective purchasers to clarify these issues with the relevant Statutory Authorities prior to entering into a commitment to acquire this property.
VAT The asking price quoted herein is exclusive of, but may be liable to, VAT at the prevailing rate and prospective purchasers are advised to clarify this point prior to making an offer to acquire this property.
Legal Costs Each party is to bear their own legal and professional costs incurred in any transaction negotiated.
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. Printed by Ravensworth 01670 713330
20/20A BROOK STREET & 22 SWINEGATE, Grantham, NG31 6RJ PRICE: £260,000 FREEHOLD Town Centre mixed commercial/residential development opportunity • Ground floor comprises a consented A5 Hot Food Takeaway with ancillary accommodation in addition to a further self-contained Retail Unit. Rear access leading to extensive self-contained first and second floor accommodation. • Upper floors have potential for conversion for several self-contained Residential Apartments, subject to the relevant planning permission being obtained.
265 sq m (2,852 sq ft)
Location
EPC Rating
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 residential 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 main line rail connection to London Kings Cross with a journey time of approximately 75 minutes. Grantham has recently been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years. Swinegate and Brook Street are situated in a mixed commercial and residential location on the edge of the town centre and the subject property is situated adjacent to The Kings School.
Copies of the Energy Performance Graphs for the constituent parts of the subject property can be obtained from our Grantham office upon request, however, Energy Efficiency Ratings for the various parts of the property are as follows:
Description The premises comprise an extensive three storey corner property which at ground floor level comprises a consented A5 Hot Food Takeaway premises with extensive ancillary accommodation in addition to a further selfcontained Retail unit, the upper floors, in our opinion, are suitable for conversion to several self-contained Residential Apartments, subject to the relevant planning permission being obtained. We are informed that the property is not a Listed Building however is situated within the established Town Centre Conservation Area.
Accommodation (all figures approx.) In terms of net internal area, the property comprises the following: Floor
Use
Sq Ft
Sq M
Ground (Former A5 Takeaway 20 Brook Street)
Shop
204
Ground
Kitchen
100
9
Ground
Preparation Room
133
12
Ground
Store
369
34
Ground (Retail Unit 20A Brook Street)
Shop
305
28
Ground
Store
193
18
19
Former Takeaway Unit, 20 Brook Street – EPC Rating C75 Ground Floor Retail Unit, 20a Brook Street – EPC Rating E111 Residential Accommodation above 22 Swinegate – EPC Rating E51
Business Rates The ground floor Shops at No’s. 20 & 20a Brook Street are assessed under the 2010 Rating List as Shops & Premises with Rateable Values of £3,800 & £4,650 respectively. Further information in respect of this matter and Business Rates payable can be obtained from South Kesteven District Council. Tel: 01476 406080. The upper floor residential accommodation at 22 Swinegate is assessed for Council Tax purposes as a Band D property and enquiries in respect of Council Tax payable in respect of this element of the property can also be obtained from South Kesteven District Council.
Planning We understand that the Retail Premises at 20a & 20 Brook Street benefit from A1 Retail and A5 Hot Food Takeaway consents respectively given their historic uses. We would recommend prospective purchasers/developers clarify the current allowable uses in respect of the Ground Floor Retail Units and potential for the redevelopment of the upper floors via the Planning Department at South Kesteven District Council. Tel: 01476 406080. We are informed that the property is not a Listed Building, however, is situated within the established town centre Conservation Area.
Tenure The property is to be sold on a freehold basis with vacant possession to be granted upon completion. Offers in excess of £260,000 are sought for the freehold interest in these premises in their entirety with vacant possession to be granted upon completion. Our clients may give consideration to both conditional and unconditional offers made in respect of these premises, however, any conditional offers would need to include detailed redevelopment plans that the purchaser would have for the property together with a timescale for the submission and determination of any planning application to be submitted at the proposed purchaser’s expense.
Ground (22 Swinegate)
Reception Lobby
First
Former Lounge
316
29
First
Former Dining Room
220
20
First
Kitchen
81
7
First
WC
First
Former Bedroom
76
7
First
Former Bedroom
105
10
Viewing & Further Information
Second
Former Bedroom
152
14
Second
Former Bedroom
203
19
For further information or an appointment to view this property please contact:-
Second
Former Bedroom
117
11
Second
Former Bedroom
174
16
Second
Former Bedroom
104
10
Second
Bathroom/WC 2,852
263
TOTAL
Services
Brown & Co Granta Hall 6 Finkin Street Grantham NG31 6QZ Tel: 01476 514433
James Cameron 01476 514450 [email protected]
We understand that various elements of the property are connected to mains gas, electricity, water and drainage. We would advise prospective purchasers to clarify these issues with the relevant Statutory Authorities prior to entering into a commitment to acquire this property.
VAT The asking price quoted herein is exclusive of, but may be liable to, VAT at the prevailing rate and prospective purchasers are advised to clarify this point prior to making an offer to acquire this property.
Legal Costs Each party is to bear their own legal and professional costs incurred in any transaction negotiated.
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. Printed by Ravensworth 01670 713330
