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

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

£550,000
Commercial
Auction Ended
About this Property
21 September 2022
Auction Ended
£550,000
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, and is approximately 25 miles east of Nottingham and 26 miles south of Lincoln. The rental value is £56,927, and VAT is applicable.

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
17 May 2023Sold Lot Allsop£500,000
18 Jun 2024Sold£330,000

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