Pub/bar to let in Market Place, Grantham NG31

Location

The Eden occupies a prominent position in the Market Place in the centre of Grantham within the established bar/nightclub circuit. The wider area comprises a typical town centre with a variety of shops, commercial units, café's and restaurants and professional services. Grantham is a growing market town with a current population of approximately 45,000 and benefits from great connectivity with the A1 Great North Road close by as well as The East Coast Mainline running through, linking it to London and the North. Grantham is located approximately 15 miles South of Newark and 23 miles North of Stamford.

Description

This listed building which for many years was known as The Granby, is a an attractive three story building under a pitched slate and tiled roof. The ground floor comprises extensive seating and bar areas, a conservatory and ladies and gents WC's. To the rear there is a kitchen and food preparation area. The extensive first and second floors can be used as offices, staff rooms or living accommodation. To the rear of the property there is an attractive paved courtyard, as well as an external store. The property benefits from a prominent frontage onto the busy Market Place, gas fired central heating, air conditioning and a large cellar.

Please note that the building is to be refurbished prior to a new lease being granted.

Accommodation

We have calculated the net internal floor area to be as followed;

Ground floor- 213.57 sq m (2,299 sq ft)
First floor- 90.49 sq m (974 sq ft)
Second floor- 68.18 sq m (734 sq ft)
External store- 49.88 Sq m (537)
Basement / cellar- tbc

Total NIA- 422.12 Sq m (4,544 Sq ft)

Services

We understand that mains electric, gas, water 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: £24,250

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 £36,000 plus VAT per annum.

EPC

Energy rating: C

VAT

We understand that VAT will be charged.

Legal costs

Each party to pay their own legal costs incurred.

Viewing

For an appointment to view or further information please contact the agent.

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.