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Leasehold

£179,950

Restaurant for sale

The George Shopping Centre, Grantham NG31

£179,950

Restaurant for sale
The George Shopping Centre, Grantham NG31

    Leasehold

    About this property

      Description

      Location

      The George Centre is situated within Grantham town centre being accessible from High Street, Guildhall Street and Westgate. Grantham is an established market town in South Lincolnshire being approximately 23 miles east of Nottingham and 25 miles south of Lincoln, having a residential population of approximately 40,000 people with a large catchment area.

      Description

      This well presented takeaway and restaurant premises is made available to the market for immediate letting. The premises benefits from dining area, bar area, kitchen area, customer and staff toilets. The premises is fitted as a restaurant and therefore only basic expenditure is required to get the place up and running. We recommend early viewings as this will not be available for long.

      Accommodation

      The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.

      Total NIA - 167 Sq m ( 1780 Sq ft)

      Services

      We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment has been tested by Crystal & Co and prospective clients must rely on their own investigations as to their existence and condition.

      Terms
      999 Years lease

      Price
      Competitive asking price of £179,950 excluding VAT for the long leasehold interest in the property.

      Rating Assessment
      We understand that the rateable value is £7,745 and rates payable is £6,426.

      Service Charge
      To be confirmed
      VAT

      Vat is applicable

      Uses

      All uses considered, currently A3 License. We would advise any incoming purchaser to make their own enquires to this regard.

      Tenure: Leasehold (999 years)

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