Gravity, 8 Market Place, Grantham, Lincolnshire, NG31 6LJ

Gravity, 8 Market Place, Grantham, Lincolnshire, NG31 6LJ

£500,000
Commercial
Sold
About this Property
17 May 2023
Sold
£500,000
Traditional
Commercial
Description

Freehold commercial nightclub investment located at Gravity, 8 Market Place, Grantham, Lincolnshire, NG31 6LJ. The property is let on a lease expiring in 2035 with no breaks, featuring annual RPI linked rent reviews and 5 yearly open market reviews. It is well situated in the town centre, close to local restaurants and bars. The rental value is £56,927, and VAT is applicable. Grantham Rail Station offers direct mainline trains to London Kings Cross, approximately 75 minutes away.

Location
Map location for Gravity, 8 Market Place, Grantham, Lincolnshire, NG31 6LJ
More Information
Freehold
Planning Authority
South Kesteven LPA
Address History
14 Mar 2019Sold£585,614
21 Sep 2022Auction Ended Lot Allsop£550,000
18 Jun 2024Sold£330,000

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