3 Northgate
Sleaford
Lincolnshire
NG34 7BH

Freehold Estate Agents Office Investment

  • Let to tenant trading as Winkworth Estate Agents
  • Tenant in occupation for over 25 years
  • Lease expires September 2025
  • September 2019 tenant break not exercised
  • Rent Review September 2020
  • Good trading location opposite Market Place
  • Affluent Lincolnshire town
  • Nearby retailers include J D Wetherspoon, Costa Coffee, WHSmith, Greggs, Iceland, Boots the Chemist and Superdrug
  • In the same ownership for over 20 years
  • Lot
    11
  • Auction
    26/Mar/2020
  • Rent
    £14,000 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
Important Auction & Property Update
  • 3 Northgate<br>Sleaford<br>Lincolnshire<br>NG34 7BH
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* More information on the term "price" can be found here

Property Information

Location
Miles
17 miles south of Lincoln
28 miles north of Stamford
Roads
A1, A15, A17
Rail
Sleaford
Air
East Midlands Airport
Situation

Sleaford is an attractive market town in Lincolnshire, approximately 17 miles south of Lincoln. The property is located on the west side of Northgate, close to its junction with Westgate. Other occupiers on Northgate and nearby include JD Wetherspoon, Costa Coffee, WHSmith, Greggs, Iceland, Boots the Chemist and Superdrug.

Tenure

Freehold.

Description

The property comprises a ground floor shop with basement ancillary accommodation, forming part of a larger building not included in the sale.

VAT

VAT is applicable to this lot.

EPC

Band D. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
Ground
Basement
Retail/Ancillary
Ancillary
90.50 sq m
-
(974 sq ft)
(-)
WALDECK SNAREY &
BROWN LIMITED with
personal guarantees
t/a Winkworth (1)
10 years from
02/09/2015 on a
full repairing and
insuring lease
£14,00002/09/2020
Total
90.50 sq m
(974 sq ft)
  £14,000 

(1) Winkworth was founded in 1835 and now has over 90 regional offices across the UK and abroad.

If you are the successful bidder Acuitus requires a separate payment of £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    12.03.20
    File Size
    7 MB
    Login to View
  • Catalogue Page
    Updated Date
    04.03.20
    File Size
    870 KB
    View PDF
  • Site Plan
    Updated Date
    04.03.20
    File Size
    872 KB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
BBS Law First Floor, The Edge, Clowes Street
Manchester
Manchester
M3 5NA
Matthew Owen 01618 322 500matthew@bbslaw.co.uk

Useful Links

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