For SaleDetached Industrial Building

Armfield House, Swingbridge Road, Grantham, Lincolnshire, NG31 7XT

Description

The property comprises a former engineering facility of steel portal frame construction, with a mix of brick/block and lined corrugated sheet clad walls with a similarly clad roof.

The industrial area has a 6.5m minimum working height, 3 x electric vehicular access doors (2 of which are dock-level), solid concrete floor and suspended lighting/heating.

The offices are arranged over two floors with stair access and staff/WC facilities. The accommodation is finished with carpeted floors, painted plastered walls and ceilings with inset lighting.

Externally, there is an extensive yard and car parking plus expansion land to the south.

ACCOMMODATION

Having measured the property in accordance with the prevailing RICS Code of Measuring Practice, we calculate that it provides the following floor area:

Factory:  1,103 sq m (11,874 sq ft)
Offices:  423 sq m (4,557 sq ft)

Total GIA:  1,526 sq m (16,431 sq ft)

Plus mezzanine:  516 sq m (5,562 sq ft)

The site area is 0.54 hectares (1.345 acres)

LOCATION

The property is located in an established business park position, with access off both Swingbridge Road and Turnpike Close, a short distance from the A1.

The building is within an established commercial position, neighboured by the 2 Recycling Centres and Grantham Police Station.

SERVICES

We understand that mains supplies are available and connected to the property.

These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

TOWN AND COUNTRY PLANNING

We understand that the property has consent for uses falling within Class B8 (Storage & Distribution) of the Town & Country Planning (Use Classes) Order 1987 (as amended 2020).

Alternative uses may be deemed appropriate subject to the receipt of necessary planning consent. Interested parties are advised to make their own investigations to the Local Planning Authority.

RATES

Charging Authority: South Kesteven District Council
Description: Warehouse and Premises
Rateable value: £91,000
UBR: 0.512
Period: 2021-2022

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.

TENURE

The property is available For Sale, freehold.

VAT

VAT will be charged in addition to the price at the prevailing rate.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in documenting the transaction.