Retail premises to let in Southgate, Sleaford NG34

£22,500 pa (£15.57/sq. ft. pa)
Retail premises to let 1,445 sq. ft*
Interested in this property? Call +44 1522 397760 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

The property comprises essentially open plan retail accommodation with ancillary storage/office space on the first floor.


Location


Located on Southgate, Sleaford’s prime retail pitch, the property is situated close to a number of national and strong regional retailers including Costa Coffee, Boots, Yorkshire Trading Co, Superdrug and Greggs.

The town centre is supported by a number of car parks in close proximity to the subject property including 100 space car park directly behind.

Sleaford is a popular market town situated at the junction of the A15 and the A17 roads with a population of circa 17,600 but serving a significantly larger catchment. It is the administrative centre for the North Kesteven district and provides the main headquarters for Interflora in the UK.


Services


We understand mains services including water, drainage and electricity are available and connected to the property. However the ingoing tenant is required to satisfy themselves in this regard.


Tenure


The premises are available To Let on a new lease on Full Repairing and Insuring Terms for a minimum term of 5 years or multiples thereof.


Town and country planning


We understand that the property has consent for uses falling within Class E (Commercial, Business & Service Uses) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Class E now encompasses a number of uses including A1 (Shops), A2 (Financial & Professional Services), A3 (Restaurants and Cafés), B1 (Business) and D2 (Assembly and Leisure).

The property is not Listed but is located within a Conservation Area.


Rates


Charging Authority: North Kesteven District Council
Description: Shop and premises
Rateable value: £20,000
ubr: 0.512
Period: 2020-2021

Multiplying the Rateable Value figure with the ubr multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.


Rent


£22,500 per annum exclusive, payable quarterly in advance


VAT


VAT will be charged in addition to the rent at the prevailing rate.


Legal costs


The ingoing tenant is to be responsible for the Landlord’s reasonable legal costs incurred in documenting the new lease.


Viewing


To view the premises and for any additional information please contact the sole agents.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Banks Long & Co, LN1 on +44 1522 397760 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Banks Long & Co, and do not constitute property particulars. Please contact Banks Long & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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