**Location**
The property occupies a prime position along Southgate in the centre of the
market town of Sleaford. The property benefits from a car park opposite and to
the rear. Nearby occupiers include Costa, Boots and Greggs. Sleaford is
situated approximately 14 miles north east of Grantham, 18 miles south of
Lincoln and 17 miles west of Boston.
**Description**
The property comprises a retail unit on the ground floor with ancillary
storage on the first floor and a second floor void. The unit benefits from a
prominent shop frontage onto busy Southgate in the town centre.
**Tenancy information**
23 Southgate is let to Prestige Cosmetics Ltd on a six year Fri lease
commencing on 25th July 2018 at a current rent of £26, 000 per annum.
**Accommodation**
We have been informed that the net internal floor area is as follows;
Ground Floor - 123. 56 Sq m (1330 Sq ft)
First Floor - 116. 87 Sq m (1, 258 Sq ft)
Total Floor Area: Sq 240. 43 m (2, 588 Sq ft)
**Services**
We understand that mains water, electric and drainage are connected. None of
the heating systems or any other plant and equipment have been tested by
Commercial List and prospective purchasers must rely on their own
investigations as to their existence and condition.
**Business rates**
From enquiries made though the Valuation Office website, we understand that
the following Rateable value applies;
Rateable Value - £20, 000
**Terms**
The property is for sale freehold subject to the current tenancy at a guide
price of £300, 000 Plus VAT.
**EPC**
Energy rating: C
**VAT**
Although the property is elected for VAT the sale will be treated as a togc
and therefore VAT will not be payable on the purchase price.
**Legal costs**
Each party to pay their own legal costs incurred.
**Viewing**
For an appointment to view or further information please contact the agent.
**Legal costs**
Under the Estate Agents Act of 1979, we hereby give notice that an employee of
Commercial List is a relative of the owner of this property.

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