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Geese & Fountain 1 School Ln 4,660 SF of Retail Space Available in Grantham NG32 1QR

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HIGHLIGHTS

  • Affluent Leicestershire Village Location
  • Prime location
  • Attractive Detached Property

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • TYPE
  • Ground
  • 4,660 SF
  • 10-20 Years
  • $11.44 /SF/YR $0.95 /SF/MO $53,296 /YR $4,441 /MO
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Rental offers are invited for a new Free of Tie commercial lease. The new lease will be either 10 or 20 years, on a Fully Repairing and Insuring basis, with 5 year rent reviews to OMV and annual RPI uplifts capped at 5% and collared at 2.5%. The Lease may be assigned after the end of the first two years. The equivalent of six months’ rent is required as a deposit. A contribution to Landlord's legal fees of £1,500 will be payable.

  • Use Class: E
  • Partially Built-Out as a Drinking Establishment
  • Space is an outparcel at this property
  • Space In Need of Renovation
  • Kitchen
  • Raised Floor
  • Secure Storage
  • Demised WC facilities
  • Hardwood Floors
  • Available on Brand New ‘Free of Tie’ lease
  • Large Car Park
  • Rear Beer Garden
  • Commercial Kitchen
Space Size Term Rental Rate Rent Type
Ground 4,660 SF 10-20 Years $11.44 /SF/YR $0.95 /SF/MO $53,296 /YR $4,441 /MO Fully Repairing & Insuring

Ground

Size
4,660 SF
Term
10-20 Years
Rental Rate
$11.44 /SF/YR $0.95 /SF/MO $53,296 /YR $4,441 /MO
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Rental offers are invited for a new Free of Tie commercial lease. The new lease will be either 10 or 20 years, on a Fully Repairing and Insuring basis, with 5 year rent reviews to OMV and annual RPI uplifts capped at 5% and collared at 2.5%. The Lease may be assigned after the end of the first two years. The equivalent of six months’ rent is required as a deposit. A contribution to Landlord's legal fees of £1,500 will be payable.

  • Use Class: E
  • Partially Built-Out as a Drinking Establishment
  • Space is an outparcel at this property
  • Space In Need of Renovation
  • Kitchen
  • Raised Floor
  • Secure Storage
  • Demised WC facilities
  • Hardwood Floors
  • Available on Brand New ‘Free of Tie’ lease
  • Large Car Park
  • Rear Beer Garden
  • Commercial Kitchen

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 4,660 SF
Property Type Retail
Property Subtype Bar
Gross Leasable Area 4,660 SF
Year Built 1850

ABOUT THE PROPERTY

The Geese & Fountain is a two storey stone and brick-built detached property beneath pitched tiled roofs, with single storey flat and pitched roof additions to the rear. The ground floor accommodation briefly consists of three connecting trading areas arranged around a timber bar servery. The Bar Area has approximately 40 covers with wooden floor and beamed ceiling, raised area with darts throw; Dining Area has an additional 20 covers with flagstone flooring and brick built feature fireplace. The Lounge area has easy chair seating for c. 20 with exposed stone walls and open feature fireplace.

  • Listing ID: 33321481

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 1 School Ln, Grantham NG32 1QR

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