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.
Occupying a prominent position on St Mary’s Street the property benefits from an excellent trading location opposite Jaeger and amongst a number of independent retailers. The shop has an attractive frontage with distinctive bay display windows, retail areas and extensive storage space. The ground floor comprises two interlinked retail areas to the front and an office and kitchen with door leading out to a terraced garden at the rear. A staircase in the center of the building leads to the first and second floor former living accommodation comprising a number of rooms used for storage. There is a w.c. on the first floor.
The property has the following approximate floor areas measured in accordance with the RICS code of measuring practice on a net internal floor area basis:
Retail 60.14 sq m (647 sq ft)
Office & kitchen 24.18 sq m (260 sq ft)
Storage (3 rooms) 51.55 sq m (555 sq ft)
Storage (2 rooms) 32.54 sq m (346 sq ft)
Total approx. NIA Floor area 168.41 sq m (1,808 sq ft)
We understand that mains water, electricity and drainage are connected to the premises. None of these services, or any other plant and equipment has been tested by Richardson and prospective occupiers must rely on their own investigations as to their existence and condition.
From enquiries of the Valuation Office website, we understand that the following rating assessment applies:
Shop & premises £18,750
Retail discount applies to the rates payable. Prospective lessees should make their own enquiries of South Kesteven District Council to confirm.
The shop is available on a new internal repairing and insuring lease for a term to be negotiated at a rent of £26,500 per annum exclusive.
Each party is to be responsible for its own legal costs incurred in the transaction
For further information or an appointment to view please contact the sole selling agent Andrew Leech at Richardson on
T: 01780 762433