52-53, High Street, GRANTHAM, Lincolnshire, NG31 6NE

Planning permission granted for a residential conversion to 9 flats
7x 1 beds and 2x 2 beds
Prime location in the centre of Grantham

Description
Offered for sale is the first floor, with a dedicated ground floor entrance at the front of the building of 52-53 High Street, Grantham which has planning permission granted for a residential conversion incorporating 9 flats (7x 1 beds & 2x 2 beds). A new lease will be set up, with further information available within the legal pack. The proposed development represents a fantastic opportunity for an investor to either develop and sell on the units, or develop and retain the units as a rental investment. The planning is for the change of use – commercial, business and service uses to dwelling houses, Class C3. Grantham is a thriving market town offering an abundance of amenities, including supermarkets, eateries, medical & educational facilities and independent businesses. The town is situated for convenient access to road networks, A1 & A52, whilst also benefiting from its own train station, with London being easily commutable. The site being No 52-53 High Street is set within the Grantham Conservation Area and is immediately adjacent to the grade II listed.

Planning Permission
South Kesteven District Council: S25/1857
Conversion of commercial premises to residential use

Accommodation
Ground Floor: independent access leading to the first floor
First Floor: proposal for the creation 9 flats (7x 1 beds & 2x 2 beds)
Broadband: Standard, superfast show as available
Mobile Coverage: EE, Three, O2 and Vodafone show as available

EPC:
E 653 sq.m information taken from the EPC

Council Tax Band: N/A

Tenure:
See legal pack for further information.The property will be offered with a new 200-year lease with a zero ground rent.

Agent Note
The seller has advised that the buyer will be required to fill in a ‘certificate to disapply the option to tax’ declaring that they intend to develop into residential flats and supply this to the seller’s solicitor ahead of completion, then VAT will not be required to be charged on the sale. Buyers are to rely on their own enquiries.

Viewings:
Connells, 2 Watergate, Grantham, Lincolnshire, NG31 6PR.
Tel: 01476 590 050. Email: grantham@connells.co.uk









Important Notice:
For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.