27-31, Northgate, Sleaford

£350,000
For Sale
1/8
£350,000
For Sale
Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939
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Property summary

FREEHOLD FOR SALE
Grade II listed office building extending to circa 469.5 m2 (5,055 ft2)
Prominent frontage onto Northgate
Currently occupied and tenanted by Sills and Betteridge
Versatile accommodation suitable for variety of uses
Possible future re-development opportunity
Early surrender may be considered by the Tenants.
EPC Rating - D (77)

Get in touch

Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939

More about the property

A unique opportunity to purchase this stone fronted Grade II Listed office building set within the heart of Sleaford that dates back to the 1800’s. The building extends to approximately 469.5 sqm (5,055 sqft) GIA and is currently occupied by Sills & Betteridge until 30th September 2025 paying an annual rent of £22,000 Per Annum; we understand that an early surrender would be considered should a purchaser wish to repurpose the building.

The property is arranged over two storeys and offers versatile accommodation that presents an ideal redevelopment opportunity in the agent’s opinion.

Viewing is strictly by appointment.

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LOCATION
The Property is located on Northgate, which is one of the main arterial routes into Sleaford. The Property is north of the town centre with neighbouring properties including professional services, residential properties, with a Methodist Chapel located opposite.

Sleaford is a popular market town that has grown significantly over the last 20 years. It has the usual range of everyday amenities and facilities to include national and local retail outlets, supermarkets, banks, restaurants, doctors, dentists, various schools, sports and leisure clubs.


The A15 and A17 main roads provide useful road links and the railway station is located on the Nottingham to Skegness line. At Grantham connections can be made onto the East Coast Mainline to London King’s Cross.


ACCOMMODATION
The accommodation is arranged over two storeys and offers a
range of open plan and cellular offices. The building has been occupied by a solicitors for a number of years and offers a unique opportunity for the building to continue in this
use or be re-purposed for alternative uses subject to the statutory consents
being obtained. 



SERVICES
Mains water, electricity and drainage are connected to the
property. Heating is via mainly wall mounted storage heaters. The service installations have not been tested by the
agents and any interested parties should make their own enquiries into the
suitability. 

TENURE
The freehold of the Property is for sale by private treaty
subject to the existing lease that is in place. The Property is currently tenanted and occupied by Sills
& Betteridge LLP until 30th September 2025 at an annual rent of
£22,000 Per Annum. We understand it is the tenants’ ambitions to relocate and
an early surrender could be considered as early as Q2 2024. A copy of the lease
can be made available to any interested parties.  

BUSINESS RATES
The Property has a rateable value of £20,250 and the
charging authority is North Kesteven District Council. 

CEPC
The Property has an EPC Rating of D(77) - A full copy of the EPC can be made available. 
HERITAGE
The property is located in Sleaford's Conservation Area and the building is Grade II listed.
LEGAL COSTS
Each party is responsible for their own costs incurred
throughout this transaction. 

VAT
We understand that VAT will not be charged on the sale
price.

LOCAL AUTHORITY
North
Kesteven District Council



Kesteven
Street



Sleaford



NG34
7EF



Tel:
01529 414155

VIEWING
Strictly by appointment by the acting agents. 
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