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Refurbished Offices In Excellent Location, Premier House, Harlaxton Road, Grantham, NG31 7JX

590 to 1,560 Sq Ft / Offices

For Sale - £580,000.00

To Let - £6,400.00 per annum

Available - Last updated: 23 April 2019

Premier House comprises a modern detached office building arranged over ground and first floor and is of an insulated cavity brick and blockwork construction under a pitched slate roof. Access is via a concrete ramp through two sets of timber doors into a small lobby with security access into the main reception area.

Internally, the property is arranged to provide cellular offices via a combination of solid and stud partitioned walls at ground floor level.

At first floor level the offices have been created through the use of full height glazed partitioning incorporating venetian blinds together with a generous central meeting area and common parts. In addition, on this level is located a fitted kitchen which incorporates a combination of base and full height units together with sink and drainer.

At ground floor level are located male/ female and disabled WCs together with a small communications room and under stairs storage.

The accommodation has been fully refurbished providing plastered and painted walls, suspended acoustic tile ceilings with recessed fluorescent lighting panels, sealed UPVC double glazed window units and the provision of  air conditioning to the office areas.

Externally, the property benefits from on site car parking spaces. 

Location

Grantham is located on the River Witham in the county of Lincolnshire and close to the Lincolnshire/Leicestershire border.

Historically the towns’ economy was based upon engineering and manufacturing, and this continues with its diverse range of manufactured products including textiles, food, timber and plastics. The high tech and service sector industries have grown rapidly in recent years with tourism also on the increase.

Nearby centres of note include Newark on Trent approximately 16 miles (25.7 km) to the north, Nottingham approximately 23 miles (37 km) to the west, Boston approximately 30 miles (48.3 km) to the east, Leicester approximately 33 miles (53.1 km) to the south west and Peterborough approximately 35 miles (56.3 km) to the south.

Grantham’s mainline railway station runs services into London Kings Cross in approximately 1 hour and 15 minutes.

The property occupies a prominent position directly off Harlaxton Road (A607), adjacent to the Grantham Squash and Fitness Club less than 400m from its  junction with the A1.

Other facilities in the immediate area include Premier Inn and Ramada Grantham Hotels.

Accommodation

Measured in accordance with the RICS Code of Measuring Practice, (6th Edition), we calculate the property provides the following net internal area:

Ground Floor Office 1 - 590 sq ft  (54.6 sq m)

Ground Floor Office 2 - 970 sq ft  (90.0 sq m)

Terms

Rateable Value - We have been advised that the 2018/2019 Rateable Value for the property is as follows:

Office 1 - £5,100 - Rates Payable 2018/19 - £2,514.30

Office 2 - £8,500 - Rates Payable 2018/19 - £4,190.50

VAT - The position with regards to VAT is reserved at all times and interested parties are advised to seek independent advice in relation to this matter.

Rent: 

Office 1 - £ 6,400 per annum + VAT

Office 2 - £9,800 per annum + VAT

Price - Alternatively the whole property is available as an investment opportunity at £580,000 (tenancy details on request).

Service Charge - A service charge of £29.00 per week + VAT will be charged per office.

Utilities - Utilities for all offices are sub-metered and will be re-charged to the tenant.  

Specification

  • Modern detached building
  • Excellent location adjacent to A1
  • Open plan fully refurbished air conditioned office accommodation
  • On site parking spaces

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Whole Property For Sale Freehold £580,000.00 NA
Office 1 To Let £6,400.00 per annum
Office 2 To Let £9,800.00 per annum

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Contact agents

Victor Ktori

Savills (UK) Ltd

0115 882 0337



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