£12,000

Stamford, Lincolnshire

AVAILABLE TO LET
Property Description

51.33 sq m (552.5 sq ft) - Open plan retail area with display window to St Mary’s Street. The retail space continues down to the cellar which is accessed via a spiral staircase. The basement retail space is adjoined by a kitchenette, toilet and four brick-built storage compartments. Suitable for a continuation of its current retail use or other uses subject to the grant of the necessary planning consents.

LOCATION
Stamford is a prosperous, historic market town renowned for its many listed, stone buildings and popular with tourists, visitors and shoppers. The town is situated adjacent to the A1 with Peterborough some 12 miles to the south east and Grantham approximately 20 miles to the north.

DESCRIPTION
The property occupies a prominent position on the junction of Cheyne Lane and St Mary’s Street. The ground floor comprises an open plan retail area with display window to St Mary’s Street. The retail space continues down to the cellar which is accessed via a spiral staircase. The basement retail space is adjoined by a kitchenette, toilet and four brick-built storage compartments. The property is suitable for a continuation of its current retail use or other uses subject to the grant of the necessary planning consents.

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

Ground 20.54 Sq M (221.1 Sq Ft)
Basement 30.99 Sq M (333.6 Sq Ft)
Basement 1.92 Sq M (20.7 Sq Ft)

Total 53.45 Sq M (575.3 Sq Ft)

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

BUSINESS RATES
From enquiries made of the Valuation Office website, we understand that the following rating assessment applies:-

Rateable Value: £5,500

Interested parties should however rely on their own enquiries as to the amount of rates payable.

TERMS
The property is available on a new full repairing and insuring lease for a term to be negotiated.

VAT
We understand that the property is elected for VAT.

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.

EPC
Energy Rating: C

VIEWING
For an appointment to view or further information please contact -

Andrew Leech t:01780 758007 e:aleech@richardsonsurveyors.co.uk

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Richardson Surveyors

Sheep Market House
Stamford
Lincs
PE9 2RB

01780 762433

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