Retail Investments, Assured Shorthold Tenancies for Sale
London Road, Grantham, NG31
£300,000 £78 /sf
3,835 sf
Retail/residential investment for sale The property comprises a ground floor retail warehouse with a one-bedroom flat above, likely built in the 1950s/60s. It features a steel frame, brick walls, and a single-skin asbestos roof with roof lights. The flat has a flat roof and UPVC double-glazed windows. The retail unit spans three split levels, linked by ramps, and includes a dog-wash, grooming parlour, sales area, kitchenette, WC, and storage. There is rear access via roller shutter, with additional office and mezzanine storage. Heating is by gas blower and air conditioning. The first floor residential flat includes a lounge, kitchen, bedroom, and bathroom, accessed via a ground floor entrance. It has electric heating and one allocated parking space. Externally, the property offers front and rear parking for up to 8 vehicles, with access from both London Road and Inner Street.
Location
The property is located in Grantham, approx. 22 miles east of Nottingham and 1.25 miles from the A1(M), offering excellent road links to London, Leicester (33 miles), and further north. Grantham railway station is just 0.5 km away, with direct services to Nottingham (35 mins) and London Kings Cross (1 hr 10 mins). Positioned on London Road (A52), the property sits in a primarily commercial area with nearby retail and warehouse units.