Unit 1, Belton Lane Industrial Estate, Belton Lane, Grantham ... - Realla

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01476 514450 | [email protected]

Unit 1, Belton Lane Industrial Estate, Belton Lane, Grantham, NG31 8HN PRICE: £275,000 FREEHOLD RENT: £18,000 P.A.X. LEASEHOLD Semi-detached modernised workshop/warehouse premises with ancillary office/staff accommodation on a large site. • Gross internal area totalling approx.. 4,583 sq ft (426 sq m) to include mezzanine stores of 805 sq ft (74.7 sq m). • Large enclosed rear yard offering potential for further expansion of the premises, subject to the relevant planning consent being obtained. • Front and rear roller-shutter doors, gas-fired space heating and an eaves height to the main space of approximately 3.25 metres (10 ft 8 inches).

426 sq m (4,583 sq ft)

Location

Services

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 been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years.

We understand that mains water, gas, electricity and drainage are connected to the property. The property is understood to benefit from gas-fired central heating to the main space.

Belton Lane Industrial Estate is a small Industrial Estate situated off Belton Lane, a predominantly residential area on the outskirts of Grantham town centre and in close proximity to Alma Park Industrial Estate.

Lease Terms

Prospective purchaser/tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to either purchase, or 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 no warranty is either implied or given as to their condition.

The property is available by way of a new effective full repairing and insuring lease for a minimum term of 3 years.

Rental Terms

Description Unit 1 Belton Lane Industrial Estate briefly comprises a modernised semi-detached industrial unit which we believe was constructed during the 1970’s and has subsequently been extended to the side and rear. The property is of steel portal framed construction with brick and block external elevations under a mixture of pitched and insulated profiled metal and flat roof coverings. The property has parking and loading facilities to the frontage with side access being provided to a large and surfaced rear yard which offers potential to extend the existing accommodation further, subject to the relevant planning permission being obtained. The property has gas-fired spaced heating to the main area, a range of offices, a kitchen and two sets of W.C’s as well as a reception lobby. The eaves height to the main space is approximately 3.25 metres (10 feet 8 inches) reducing to approximately 3.15 metres (10 feet 4 inches) in the loading bay to the rear of the property. The unit has a manual roller-shutter door to the frontage providing access to the main space and there is a further manual roller-shutter door in the loading bay to the rear of the property providing access to the extensive rear yard area.

The premises are available at a rent of £18,000 per annum exclusive of VAT, if applicable.

Asking Price The freehold interest in this property is available at an asking price of £275,000.

VAT The quoted asking price and rental terms expressed herein are exclusive of, but may be liable to, VAT at the prevailing rate and you should check the position regarding VAT prior to making an offer to purchase or take a new lease in respect of these premises.

Legal Costs Each party will be responsible for their own legal costs in the event of a sale but if a letting is agreed the ingoing tenant will be required to pay the landlord’s reasonable legal costs incurred in respect of preparing the new lease.

Viewing & Further Information Accommodation (all figures approximate) In terms of gross internal area, the property has the following approximate areas: Floor Ground Ground Ground Mezzanine

Use Workshop Loading Bay Offices, Kitchen and W.C’s Store TOTAL

Sq Ft 2,534 362 882 805 4,583

Sq M 235.45 33.70 81.90 74.75 425.80

For further information or an appointment to view this property please contact: Brown & Co Granta Hall Finkin Street Grantham, NG31 6QZ Tel: 01476 514450 Fax: 01476 594242 Email: [email protected] Contact: James Cameron

Location Plan

Business Rates Unit 1 Belton Lane Industrial Estate is assessed under the 2010 Rating List as a Factory and Premises with a Rateable Value of £15,500. For further information and to confirm the level of Business Rates payable please contact South Kesteven District Council. Tel: 01476 406080.

Planning The premises have been used for a number of years as a Workshop or Warehouse Premises and as such has an established used covered by Use Classes B1, B2 and B8. For further information in respect of planning-related matters please contact the Planning Department at South Kesteven District Council. Tel: 01476 406080.

EPC Rating EPC Rating G. 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 2016. Printed by Ravensworth 01670 713330

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