Restaurant/cafe for sale in 10-11, The George Shopping Centre, Grantham NG31

Description

Location

The George Centre is situated within Grantham town centre being accessible from High Street, Guildhall Street and Westgate. Grantham is an established market town in South Lincolnshire being approximately 23 miles east of Nottingham and 25 miles south of Lincoln, having a residential population of approximately 40,000 people with a large catchment area.

Description

The premises comprise of a ground floor double retail unit with a double fronted timber framed shop front offering superb signage opportunities. It may lend itself to alternative uses and we would advise any incoming tenant to make their own enquires to this regard. The premises was previously used by Bon Patisserie and is in excellent condition. The flooring are fully tiled, with recess spot lights and ample storage space with separate Kitchen / Working Area and W.C.

Accommodation

The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.

Total NIA - 119.3 Sq m (1,284 Sq ft)

Services
We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment has been tested by Crystal & Co and prospective clients must rely on their own investigations as to their existence and condition.

Terms
999 Years lease

Price
Competitive asking price of £110,000 per annum excluding VAT for the long leasehold interest in the property.

Service Charge
To be confirmed

Rating Assessment
We understand that the rateable value is £12,750 and rates payable is £4,410

VAT

Vat is applicable

Uses
All uses considered, currently A3 License. We would advise any incoming tenant to make their own enquires to this regard.

Tenure: Leasehold (999 years)
Service Charge: £5,587 per year