01476 514433 |
[email protected] UNITS 3, 4, 5 & 6 Swingbridge Road, Road Grantham, NG31 7XT RENTS: UNIT 3 £8,500 PAX. UNITS 4 & 5 £20,000 PAX. UNIT 6 £9,000 PAX • Three Trade Counter/Workshop Premises occupying a prominent roadside position in an established commercial location on the outskirts of the town and close to the north and southbound carriageways of the A1. • Units 4, 5 & 6 can be occupied as a single entity and comprise a detached structure. • Gross internal areas: Unit 3 – 1722 sq ft (160 sq m). Units 4 & 5 – 3,365 sq ft (313 sq m). Unit 6 – 1,802 sq ft (167 sq m). • The properties are suitable for a number of uses to include those of a Trade Counter nature and the buildings are connected to 3 phase electricity and shared yardage is available to the frontage.
Location
Rental Terms
Grantham is an expanding and established Market Town in South Lincolnshire with a resident population of approximately 38,000 people and a large and expanding catchment area. The town is situated approximately 23 miles east from the City of Nottingham and 25 miles south of the City of Lincoln.
The premises are available at the following asking rents which are expressed exclusive of VAT at the appropriate rate, if appropriate.
The A1 runs immediately to the west of the town providing excellent road communications and a mainline rail connection exists to London Kings Cross with a journey time of approximately 80 minutes.
Unit 3 - £8,500 p.a.x Units 4 & 5 - £20,000 p.a.x Unit 6 - £9,000 p.a.x It is possible to lease Units 4, 5 & 6 as a single entity and if a prospective tenant is interested in this option, the asking rent is £29,000 p.a.x.
Swingbridge Road is an established commercial location being home to many of the town’s larger employers in the manufacturing, industrial and warehousing sectors. Access to the north and southbound carriageways of the A1 can be reached within approximately 0.5 miles of the subject properties.
Business Rates
Description
For further information and to confirm the level of Business Rates payable in respect of each of these properties, please contact South Kesteven District Council: Tel: 01476 406080.
Units 3, 4, 5 & 6 at Swingbridge Road occupy a frontage plot and were, we believe, built during the 1980s being of steel portal framed construction with brick infill to the external elevations with profiled and insulated metal cladding above as well as to the roof coverings. Each of the properties is connected to a 3 phase electricity supply. Units 4, 5 & 6 comprise a separate detached block with Units 4 & 5 having previously been used for Trade Counter purposes with a single electric roller shutter door to the frontage together with ancillary Offices and Stores. Units 4 & 5 also have electric heating and internal access is provided to Unit 6 which is capable of being separately occupied. The properties share a large central car park / loading area with direct access off Swingbridge Road.
Each of the properties is assessed under the 2017 Rating List as follows: Unit 3 – Warehouse & Premises – Rateable Value £9,800 Units 4, 5 & 6 – Warehouse & Premises – Rateable Value £25,000
Planning Each of the properties has been used for a number of years for Trade Counter or Workshop purposes and as such have an established use covered by Use Classes B1 or B8. We believe that uses falling under Use Class B2 may also be appropriate given the location subject to acceptance by the Planning Department at South Kesteven District Council Tel: 01476 406080.
Legal Costs
The eaves height of each of the properties is approximately 11 ft (3.35 m).
Each party will be responsible for their own legal costs in respect of the preparation of the new lease relating to each of these properties.
Accommodation (all figures approximate)
Viewing/Further Viewing/Further Information
In terms of gross internal area, each of the properties has the following approximate area:
For further information or an appointment to view these properties please contact:
Unit
Description
Sq Ft
Sq M
3
Workshop
1,722
160
4&5
Trade Counter
3,365
313
6
Workshop
1,802
167
Brown & Co Granta Hall 6 Finkin Street Grantham NG31 6QZ Tel: 01476 514450
[email protected] James Cameron
There is potential to occupy Units 4, 5 & 6 as a single entity as the properties are interconnecting which would provide a total gross internal area of approximately 5,167 sq ft (480 sq m).
Services We understand that mains water, 3 phase electricity and drainage are connected to each of the properties. We believe that mains gas may be available in this location but that it is not connected to any of these properties. Prospective tenants are advised to check up on the adequacy and provision of services with the relevant Statutory Authorities prior to entering into a commitment to take a new lease in respect of any of these properties. None of the services or apparatus contained within these premsies have been tested by Brown & Co and as such, no warranty is either given or implied as to their condition.
EPC Ratings Unit 3 – D78 Units 4, 5 & 6 – C71
Lease Terms Each of the properties is to be made available by way of a new effective full repairing and insuring lease for a minimum term of 5 years.
VAT The asking rents quoted within these Letting Particulars are exclusive of, but may be liable to VAT at the prevailing rate and prospective tenants should check the position regarding VAT prior to making an offer to take a new lease in respect of any of these properties. 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 January 2018. Printed by Ravensworth 01670 713330