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Retail/Shop

Retail/Shop For Sale Grantham

PROPERTY ID: 126532

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

4,542 sq.ft

Key Features

Opportunity to acquire this Town centre mixed Retail & Residential block located adjacent to Subway & Newton Fallowell Estate Agents.
Two Retail Units and One Residential Flat currently let with one Retail Unit vacant and To Let on a leasehold basis.
Current rental income understood to be £34,000 p.a.x. ERV when fully let £47,750 p.a.x.
Competitively priced. Vacant Retail Unit exempt from Business Rates as Listed building.

Property Details

The properties comprise three buildings in a terrace on the corner of High Street and Butchers Row in the centre of Grantham. All of the buildings are understood to be Grade II Listed structures situated within the established Town Centre Conservation Area. Two of the Retail Units, being No.'s 66 & 67 High Street, are let along with the Residential Flat at No. 66a High Street. No. 65 High Street is currently vacant and being marketed on a leasehold basis by Brown & Co.

Bullets Points 1 Opportunity To Acquire This Town Centre Mixed Retail & Residential Block Located Adjacent To Subway & Newton Fallowell Estate Agents. Bullets Points 2 Two Retail Units And One Residential Flat Currently Let With One Retail Unit Vacant And To Let On A Leasehold Basis. Bullets Points 3 Current Rental Income Understood To Be £34,000 P.a.x. Erv When Fully Let £47,750 P.a.x.

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About the Agent

Brown & Co

See Agent's Other Properties

Retail Unit

£400,000 Freehold

65 66 66a & 67 High Street, Grantham, NG31 6NR
Retail/Shop - Available
4,542 sq ft
422 sqm
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