brown-co.com
The Square and Newton Lane
Isaac Newton Shopping Centre
High Street
Grantham, NG31 2BY
ON INSTRUCTIONS FROM MORRISONS
TO LET
•
Retail Units available in Grantham’s premier shopping centre with occupiers
including Morrisons Supermarket, Brighthouse, Specsavers, Wilkinson and
Superdrug
•
Units available from NIA 1,015 square feet to 5,432 square feet (94 square
metres to 505 square metres)
•
Suitable for National Multiples and established regional retail operators
RENTS FROM £36,850 P.A.X LEASEHOLD
Granta Hall, 6 Finkin Street, Grantham, Lincolnshire, NG31 6QZ
Tel 01476 514433 Fax 01476 594242 Email [email protected]
brown-co.com
The Square and Newton Lane, Isaac Newton
Shopping Centre
Subject to Contract
LOCATION
Grantham is an established market town in south Lincolnshire
being approximately 23 miles east of Nottingham and 25 miles
south of Lincoln and having a resident population of
approximately 38,000 people with a large catchment area.
The A1 is immediately to the west of the town providing excellent
road communications and the town also benefits from a main line
rail connection to London Kings Cross with a journey time of
approximately 1 hour 20 minutes.
The Isaac Newton Shopping Centre is the primary shopping
destination in the town centre and established retailers based
within the scheme include Morrisons Supermarket, Wilkinson,
Superdrug, Peacocks, JJB Sports, Specsavers and Brighthouse.
A variety of units are available within The Square and Newton
Lane, both of which are busy, covered pedestrian thoroughfares
accessed from the High Street.
DESCRIPTION
A number of retail units are available within the Isaac Newton
Shopping Centre, all of which benefit from first floor ancillary
storage as well as dedicated w.c. facilities.
ACCOMMODATION (all figures approx)
In terms of Net Internal Area the available units have the following
approximately areas.
Unit
Floor
Ground
4
22
25
26/27
M2
56.95
Ft2
613
First
37.35
402
Ground
100.24
1,079
First
31.77
342
Ground
118.82
1,279
First
71.53
770
Ground
263.47
2,836
First
241.17
2,596
It is possible, subject to landlord’s consent, to amalgamate Units
25 and 26/27 to form a larger retail unit should one be required.
LEASE TERMS
Each of the properties are available by way of a new effective full
repairing and insuring lease for a minimum term of 5 years or
multiples thereof, with all leases being subject to 5 yearly upward
only rent reviews.
RENTAL TERMS
Quoting rental terms are as follows:
Unit
Rent P.A.X
4
£36,850
22
£41,300
25
£44,500
26/27
£99,500
VAT
The rental terms quoted within these particulars are exclusive of
VAT which will be charged at the prevailing rate.
FURTHER INFORMATION/VIEWING
Please contact either of the Joint Sole Letting Agents whose
details are supplied below:
Granta Hall
6 Finkin Street
Grantham
NG31 6QZ
Tel: 01476 514433
Fax: 01476 594242
Email: [email protected]
Contact: James Cameron
51 Great Marlborough Street
London
W1F 7JT
Tel: 0207 255 8057
Fax: 0207 439 7678
Email: [email protected]
Contact: Simon Montgomery
BUSINESS RATES
We have been verbally advised that the Rateable Values under
the 2005 Rating List for each of the available properties is as
follows:
Unit
Rateable Value
4
£28,250
22
£35,500
25
£40,750
26/27
£88,500
The Uniform Business Rates for 2009/10 is 48.5p in the pound. For
further information in respect of this matter please contact the
Billing Authority, South Kesteven District Council on 01476 406080.
PLANNING
We understand that each of the available retail units benefits from
an A1 Retail planning consent.
IMPORTANT NOTICES
Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that:
1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions,
dimensions, references to condition and other items in these Particulars are given as a guide only and no responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on
them as statements or representations of fact and should satisfy themselves as to the correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked.
Metric/imperial conversions are approximate only. 3. Intending Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses
and any others matters affecting the property prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation
or warranty in relation to this property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers
or Lessees in inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property,
intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co – Property and Business
Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC302092. These Particulars were prepared in March 2009.
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