The property comprises a modern mixed use building built in 2008 containing three ground floor retail units and 5 residential units (2 x 1 beds and 3 x 2 beds) all situated on the first floor level. Each residential unit has one single car parking space in the main car park which provides 21 spaces in total.
The five flats measure 268 sq m (2,884 sq ft) net internal area, in total, comprising 2 apartments of 717 sq ft, one of 606 sq ft and two of 422 sq ft.
The ground floor retail units are occupied by Costcutter convenience store, Frydays Fish and Chip shop and Tailored Hair, Hairdressers.
5 units in are in Council Tax Band A
£1,152.44 per annum
Note: This sale excludes the 3 retail units at ground floor, which have already been sold off on 999 year leases at a peppercorn rent.
The vendor is selling the Freehold interest in the whole property and site, including the ground floor retail units, five residential flats and the 21 space car park.
However, the ground floor retail units (3 in total) have been sold off on 999 year leases at peppercorn rents.
The five residential units are responsible for 44% of the service charge of the whole building, which equated to £2,000 in the last 2 years (subject to change), to cover external repairs and cleaning, lighting, maintenance of any common areas and includes the buildings Insurance
Unless stated all prices are quoted exclusive of Value Added Tax (VAT).
Each party will be responsible for their own legal costs incurred in this transaction
Energy Efficiency Rating
A copy of the Energy Performance Certificate is available upon request.
Mains water, electric and drainage are connected to the property. The services or installations have not been serviced or tested. Heating is provided to all five residential units by way of wall mounted electric storage heaters
Strictly by prior appointment through the sole letting agents, Musson Liggins.
Grantham is an historic thriving and rapidly expanding market town with a population of some 35,000. The town is ideally situated for communication links being bypassed by the main A1 Trunk Road convenient for Nottingham and Peterborough and having regular Inter City train services to London's Kings Cross.
Grantham has excellent facilities including first class Junior, Secondary and Grammar Schools and a wide range of health care services. The town also benefits from a new shopping centre development, sports and recreation pursuits and has everything which should be associated with a progressive community