Property photos
£28,000 pa
(£5.00/sq. ft. pa)
Restaurant to let
Westgate, Grantham NG315,596 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- The National Church of England Junior School, Grantham 0.2 miles
- Charles Read Academy 0.2 miles
- Grantham 0.4 miles
- Bottesford 6.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Grantham to find out more about the local area.
Features and description
- Part furnished
Location
This property occupies a prominent position along Westgate in the centre of Grantham. Grantham is a growing market town with a current population of approximately 45,000. In coming years there is set to be circa 3,700 houses built as well as a health centre and shops at The Spittlegate Heath Development which is only circa 2 miles away from the subject property. Grantham is located approximately 15 miles South of Newark and 23 miles North of Stamford. The town benefits from the A1 Great North Road close by as well as The East Coast Mainline running through.
Description
The property comprises a substantial three-storey building with large basement that has over recent years been used as a restaurant/café. On the ground floor the accommodation comprises a main café/retail area with WC's and kitchen to the rear. Above the kitchen is a first floor that has be used as storage and an office. Above the front of the building there are two floors that have been used for ancillary storage but have planning permission for four one-bedroom flats ranging from 376 to 640 sq m. To the rear of the café area there is an external courtyard providing a substantial area for additional seating. The property is grade 2 listed and benefits from a large cellar and an attractive frontage onto Westgate. The kitchen contain a range of stainless steel sinks, work surfaces, shelving and gas cookers.
Accommodation
We have calculated the net internal floor area to be as follows;
Retail area- 134.76 sq m (1,451 sq ft)
Kitchen- 46.06 sq m (496 sq ft)
First floor store- 55.48 sq m (597 sq ft)
First floor- 91.78 sq m (988 sq ft)
Second floor- 94.76 sq m (1,020 sq ft)
Basement- 97 sq m (1,044 sq ft)
total NIA- 519.84 sq ft (5,596 sq ft)
Servcies
We understand that mains electricity, water, gas and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.
Business rates
From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;
Rateable value: £21,500
Interested parties should make their own enquiries as to the amount of rates payable.
Terms
The property is available to let on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £28,000 plus VAT per annum.
EPC
Energy rating: B
VAT
We understand that VAT will be charged.
Legal costs
Each party to pay their own legal costs incurred.
Agents note
Under the Estate Agents Act of 1979, we hereby give notice that an employee of Commercial List is a relative of the owner of this property.
This property occupies a prominent position along Westgate in the centre of Grantham. Grantham is a growing market town with a current population of approximately 45,000. In coming years there is set to be circa 3,700 houses built as well as a health centre and shops at The Spittlegate Heath Development which is only circa 2 miles away from the subject property. Grantham is located approximately 15 miles South of Newark and 23 miles North of Stamford. The town benefits from the A1 Great North Road close by as well as The East Coast Mainline running through.
Description
The property comprises a substantial three-storey building with large basement that has over recent years been used as a restaurant/café. On the ground floor the accommodation comprises a main café/retail area with WC's and kitchen to the rear. Above the kitchen is a first floor that has be used as storage and an office. Above the front of the building there are two floors that have been used for ancillary storage but have planning permission for four one-bedroom flats ranging from 376 to 640 sq m. To the rear of the café area there is an external courtyard providing a substantial area for additional seating. The property is grade 2 listed and benefits from a large cellar and an attractive frontage onto Westgate. The kitchen contain a range of stainless steel sinks, work surfaces, shelving and gas cookers.
Accommodation
We have calculated the net internal floor area to be as follows;
Retail area- 134.76 sq m (1,451 sq ft)
Kitchen- 46.06 sq m (496 sq ft)
First floor store- 55.48 sq m (597 sq ft)
First floor- 91.78 sq m (988 sq ft)
Second floor- 94.76 sq m (1,020 sq ft)
Basement- 97 sq m (1,044 sq ft)
total NIA- 519.84 sq ft (5,596 sq ft)
Servcies
We understand that mains electricity, water, gas and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.
Business rates
From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;
Rateable value: £21,500
Interested parties should make their own enquiries as to the amount of rates payable.
Terms
The property is available to let on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £28,000 plus VAT per annum.
EPC
Energy rating: B
VAT
We understand that VAT will be charged.
Legal costs
Each party to pay their own legal costs incurred.
Agents note
Under the Estate Agents Act of 1979, we hereby give notice that an employee of Commercial List is a relative of the owner of this property.
More information
Listed by
Commercial List
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