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| Location |
Grantham is an increasingly popular market town with a population in the order of 38,000. The town is well located at the junction of the A1 and A52
trunk roads and within easy reach of major centres in the area including Nottingham, Leicester and Peterborough all within 40 miles. London is
approximately 75 minutes away by high-speed train from Grantham railway station.
The property is situated on Autumn Park Industrial Estate, which is situated on Dysart Road, Grantham.
Autumn Park Industrial Estate is an established industrial location within walking distance of Grantham town centre.
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| The Premises |
The property comprises a workshop/industrial unit of approximately 538 sq ft. The premises have a concrete floor, brick elevations, insulated corrugated steel profile roof, translucent roof lights and strip fluorescent lighting. The premises also have a manual roller shutter door and WC provision.
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| Services |
We understand that mains 3-phase electricity, water and drainage are connected to the unit. However, interested parties should contact the relevant service companies to confirm the above.
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| Outgoings |
We understand from the Valuation Website that the premises have a rateable value of £1,675 with rates payable being £706.85 for 2005/2006 (please note that this does not take into account small business rates relief). However, we suggest that interested parties contact the Business Rates Department at South Kesteven District Council on 01476 406080 to confirm this.
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| Tenure |
The premises are available by way of a new full repairing and insuring lease
for a term to be agreed, at the quoting rent of £47,000 per
annum exclusive. |
| VAT |
The premises are available by way of a new full repairing and insuring lease for a term to be agreed, at the quoting rent of £3,250 per annum exclusive. The lease is to be outside the provisions of the Landlord and Tenant Act 1954.
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| Service Charge |
The lease will include provision for a service charge equal to 7.5% of the rent which will cover the maintenance and landscaping of Autumn Park Industrial Estate. The tenant is also to bear a fair proportion of the Landlord’s costs in providing security to the estate.
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| Viewing |
By appointment only with the sole agents Humberts. |
| Misrepresentation Act: Messrs Humberts for themselves and for the Vendors or Lessors of this property whose agents they are give notice that: (i) All premises are offered subject to contract and availability. (ii) All descriptions, dimensions, references to conditions and necessary permission for use and occupation and other details are given in good faith and are believed to be correct and these particulars are issued without responsibility on the part of the Vendor, Humberts or any of their respective employees or agents and serve only as an introductory guide to the premises. No part of them constitutes terms of a contract or a statement or representation upon which any reliance can be placed. (iii) Any person with an actual or prospective interest in the premises must satisfy themselves as to any matter concerning the premises by inspection, independent advice or otherwise. (iv) Neither Humberts nor any of their agents have any authority to make or give any representation or warranty as to the premises whether in these particulars or otherwise. (v) All prices quoted are exclusive of VAT at the prevailing rate. |
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