26 ST PETER'S HILL 26 ST PETER'S HILL, Grantham, NG31 6QF RENT
01476 514433 | [email protected]
26 ST PETER’S HILL, HILL Grantham, NG31 6QF RENT: £10,000 P.A.X. LEASEHOLD Ground, First & Second Floor Office Suite in Town Centre location with parking for 3 cars to the rear off Bath Street. • Total net internal area approximately 1,783 sq ft (166 sq m). • No VAT on rent. • Half rent for first year provided minimum 3 year lease taken and satisfactory covenant offered by new tenant.
166 sq m (1,783 sq ft)
Location
Planning
Grantham is an expanding and popular market town with a population of approximately 38,000 people as of the 2011 Census with an extensive catchment area. The town has recently been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years. The town benefits from excellent road communications via the A1 to the Regional Road and National Motorway Network as well as having a mainline rail connection to London Kings Cross with a journey time of approximately 75 minutes.
The property has been used for a number of years as professional services offices and as such have an established use covered by Use Classes A2 and B1 of The Town & Country Planning Act. Further enquiries in respect of planning-related matters should be directed to the Planning Department at South Kesteven District Council Tel: 01476 406080.
26 St Peter’s Hill occupies a prominent town centre location which is home to many of the town’s key retail and office occupiers. Vehicular access to the property is obtained from Bath Street which is accessed off Wharf Road where the entrance to the Office Suite can also be found.
Description The property briefly comprises a ground, first and second floor office suite situated within the larger premises known as 26 St Peter’s Hill where Mark Jarvis Ltd occupy the Licenced Betting Shop at ground floor level fronting St Peter’s Hill. The office suite is accessed from Bath Street which is reached by car off Wharf Road where car parking for three cars in tandem format can also be found.
Rental Terms We are quoting an asking rent of £10,000 per annum exclusive of VAT for the premises as described herein. Our clients are willing to offer the new tenant the first year at half rent provided satisfactory covenant strength can be demonstrated and minimum 3 year lease term taken.
Lease Terms The property is available by way of a new effective full repairing and insuring lease for a minimum term of 3 years.
EPC Rating EPC Rating C69.
Services We understand that mains water, gas, electric and drainage are connected to the property. The property is understood to benefit from gas fired central heating. Prospective tenants are advised to check up on the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to take a new lease in respect of this property. None of the services or apparatus contained within the premises have been tested by Brown & Co and, as such, no warranty is either implied or given as to their condition.
Internally, the property benefits from a Reception Office at ground floor level with stairs leading to the first floor which is arranged as a large open-plan office together with large kitchen/staff room, Ladies & Gentlemens WC facilities and a boiler room. A further set of stairs leads to the second floor level which comprises six individual Offices together with a small Store. The ground floor entrance benefits from electric roller shutter door protection and the Office Suite benefits from gas fired central heating with floor coverings fitted throughout together with relatively modern kitchen and WC facilities as well as fire and burglar alarm systems.
Legal Costs
Accommodation (all figures approximate)
Each party is to bear their own reasonable legal costs incurred in the preparation of any new lease negotiated.
The property briefly comprises the following on a net internal area basis: Floor
Description
Sq Ft
Sq M
Ground
Reception Office
278
25.84
First
Office
369
34.25
First
Kitchen/Staff Room
218
20.29
First
Ladies & Gents WC’s
First
Boiler Room
Second
Six private Offices
883
82.05
First
Store
34
3.24
1783
165.67
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]
TOTAL
VAT Our client informs us that VAT will not be payable on the rent.
Business Rates The Office Suite is assessed under the 2010 Rating List as Offices & Premises with a Rateable Value of £11,250. Further enquiries in respect of Business Rates payable relating to this property should be directed to South Kesteven District Council. Tel: 01476 406080.
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
26 ST PETER’S HILL, HILL Grantham, NG31 6QF RENT: £10,000 P.A.X. LEASEHOLD Ground, First & Second Floor Office Suite in Town Centre location with parking for 3 cars to the rear off Bath Street. • Total net internal area approximately 1,783 sq ft (166 sq m). • No VAT on rent. • Half rent for first year provided minimum 3 year lease taken and satisfactory covenant offered by new tenant.
166 sq m (1,783 sq ft)
Location
Planning
Grantham is an expanding and popular market town with a population of approximately 38,000 people as of the 2011 Census with an extensive catchment area. The town has recently been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years. The town benefits from excellent road communications via the A1 to the Regional Road and National Motorway Network as well as having a mainline rail connection to London Kings Cross with a journey time of approximately 75 minutes.
The property has been used for a number of years as professional services offices and as such have an established use covered by Use Classes A2 and B1 of The Town & Country Planning Act. Further enquiries in respect of planning-related matters should be directed to the Planning Department at South Kesteven District Council Tel: 01476 406080.
26 St Peter’s Hill occupies a prominent town centre location which is home to many of the town’s key retail and office occupiers. Vehicular access to the property is obtained from Bath Street which is accessed off Wharf Road where the entrance to the Office Suite can also be found.
Description The property briefly comprises a ground, first and second floor office suite situated within the larger premises known as 26 St Peter’s Hill where Mark Jarvis Ltd occupy the Licenced Betting Shop at ground floor level fronting St Peter’s Hill. The office suite is accessed from Bath Street which is reached by car off Wharf Road where car parking for three cars in tandem format can also be found.
Rental Terms We are quoting an asking rent of £10,000 per annum exclusive of VAT for the premises as described herein. Our clients are willing to offer the new tenant the first year at half rent provided satisfactory covenant strength can be demonstrated and minimum 3 year lease term taken.
Lease Terms The property is available by way of a new effective full repairing and insuring lease for a minimum term of 3 years.
EPC Rating EPC Rating C69.
Services We understand that mains water, gas, electric and drainage are connected to the property. The property is understood to benefit from gas fired central heating. Prospective tenants are advised to check up on the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to take a new lease in respect of this property. None of the services or apparatus contained within the premises have been tested by Brown & Co and, as such, no warranty is either implied or given as to their condition.
Internally, the property benefits from a Reception Office at ground floor level with stairs leading to the first floor which is arranged as a large open-plan office together with large kitchen/staff room, Ladies & Gentlemens WC facilities and a boiler room. A further set of stairs leads to the second floor level which comprises six individual Offices together with a small Store. The ground floor entrance benefits from electric roller shutter door protection and the Office Suite benefits from gas fired central heating with floor coverings fitted throughout together with relatively modern kitchen and WC facilities as well as fire and burglar alarm systems.
Legal Costs
Accommodation (all figures approximate)
Each party is to bear their own reasonable legal costs incurred in the preparation of any new lease negotiated.
The property briefly comprises the following on a net internal area basis: Floor
Description
Sq Ft
Sq M
Ground
Reception Office
278
25.84
First
Office
369
34.25
First
Kitchen/Staff Room
218
20.29
First
Ladies & Gents WC’s
First
Boiler Room
Second
Six private Offices
883
82.05
First
Store
34
3.24
1783
165.67
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]
TOTAL
VAT Our client informs us that VAT will not be payable on the rent.
Business Rates The Office Suite is assessed under the 2010 Rating List as Offices & Premises with a Rateable Value of £11,250. Further enquiries in respect of Business Rates payable relating to this property should be directed to South Kesteven District Council. Tel: 01476 406080.
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
