Office for sale Grantham NG31 6BH,14500.0sq ft | Boxpod

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Office

Office For Sale Grantham

PROPERTY ID: 150575

PROPERTY TYPE

Office

STATUS

Available

SIZE

14,500 sq.ft

Key Features

Multi Let office investment For Sale

48 car parking spaces across 2 car parks

Grantham Town Centre Location

Income circa �127,500 net

1 office space to let at �12,000 per annum

Funding available subject to status

Property Details

Freehold Multi Let investment for Sale

£1,500,000 + VAT

14,500 sq ft space across 2 buildings

Available Size - 14,500 sq ft
Price - £1,500,000
Business Rates - Each unit is individually rated - tenants responsibility
Service Charge - £0.50 per sq ft paid by the tenants to include building insurance
Car Parking - 48 space across 2 car parking areas
VAT - Applicable
Legal Fees - Each party to bear their own costs
EPC Rating - C (54)

Offered For Sale - The Maltings is a well presented and well located multi let office investment in the Centre of Grantham, The block is a good quality multi-let office conversion with ample parking within a prominent town centre location. This Grade II Listed former maltings building provides aesthetic features and the additional provision of parking for up to 48 cars.

Grantham is a market town with a resident population in the order of 38,000 serving a large catchment area. The town is well served with excellent road and rail links. The surrounding larger centres of Nottingham and Lincoln are both within an hours drive.

The accommodation comprises the following areas:

Ground Floor Suite 3,440 sq ft - 319.6 sq m
First Floor Suite 3,735 sq ft - 347.1 sq m
Second Floor (Left) 2,849 sq ft - 264.7 sq m
Second Floor (Right) 1,932 sq ft - 179.5 sq m
Annex (G & FF) 1,764 sq ft -163.9 sq m
Annex (2F) 964 sq ft - 89.5 sq m
Total (NIA) 14,684 sq ft 1,364 sq m

Offered For Sale Freehold with a guide price of £1.500,000 plus VAT.

The Current income is £127,500 per annum and is fully let apart from one small office the Annexe (£12,000 per annum) - fully let the net rental income is circa £140,000 per annum.

Leases range from 12 months to 5 year terms - a detailed tenant breakdown is available on request.

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About the Agent

P & F Commercial

See Agent's Other Properties

Office - The Maltings Wharf Road, Grantham, NG31 6BH

£1,500,000 Freehold

The Maltings Wharf Road, Grantham, NG31 6BH, Grantham, NG31 6BH

Office - Available
14,500 sq ft
1,347 sqm

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