To LetTown Centre Retail Unit

56, Southgate, Sleaford, Lincolnshire, NG34 7RR

Description

The property comprises essentially open plan retail accommodation with ancillary storage/office space on the first floor.

LOCATION

Located on Southgate, Sleaford’s prime retail pitch, the property is situated close to a number of national and strong regional retailers including Costa Coffee, Boots, Yorkshire Trading Co, Superdrug and Greggs.

The town centre is supported by a number of car parks in close proximity to the subject property including 100 space car park directly behind.

Sleaford is a popular market town situated at the junction of the A15 and the A17 roads with a population of circa 17,600 but serving a significantly larger catchment. It is the administrative centre for the North Kesteven district and provides the main headquarters for Interflora in the UK.

SERVICES

We understand mains services including water, drainage and electricity are available and connected to the property. However the ingoing tenant is required to satisfy themselves in this regard.

TENURE

The premises are available To Let on a new lease on Full Repairing and Insuring Terms for a minimum term of 5 years or multiples thereof.

TOWN AND COUNTRY PLANNING

We understand that the property has consent for uses falling within Class E (Commercial, Business & Service Uses) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Class E now encompasses a number of uses including A1 (Shops), A2 (Financial & Professional Services), A3 (Restaurants and Cafés), B1 (Business) and D2 (Assembly and Leisure).

The property is not Listed but is located within a Conservation Area.

RATES

Charging Authority:  North Kesteven District Council
Description:  Shop and premises
Rateable value:  £20,000
UBR:  0.512
Period:  2020-2021

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.

VAT

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

LEGAL COSTS

The ingoing tenant is to be responsible for the Landlord’s reasonable legal costs incurred in documenting the new lease.