Size - 6.23 Acres Price - Auction Guide £1.4m Business Rates - N/A Legal Fees - Both parties will be responsible for their own fees VAT - To be confirmed EPC - Not Applicable. Buildings likely to be demolished
The property lies within an area which is under considerable change close to existing amenities. Although it has long been part of an established employment area, redevelopments in the vicinity (shown on the aerial photo above) are rapidly changing this area to one of a more mixed-use character. An area 10m x 10m is excluded at the north east of the site for a self-contained aerial.
A planning report and desk top environmental and geotechnical report are available for interested parties together with a demolition quote. The planning report shows that the site has potential for redevelopment for employment / residential / hotel+ leisure or retail + food/beverage uses or a mix of such uses.
Location - Grantham is a market town with a resident population in the order of 38,000 serving a large catchment area. The town is well served with excellent road and rail links. The surrounding larger centres of Nottingham and Lincoln are both within an hours drive.
Accommodation - The accommodation comprises the following areas: The existing Maltings buildings comprise a total of 72,980sqft /[6,780 sqm] with a prominent mill building (pictured) of approx. 44m equivalent to a (13/14) storey block of flats/offices. There is thus considerable scope on any redevelopment to exceed the current floor space.
Terms - To be sold by On-line Auction - Auction Guide £1.4m
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Bairds Malt site - Springfield Road, Grantham - Streetview
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