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Vale House – Retail/Offices/Commercial in the Vale of Belvoir, NG32 1PE


Property Description

Rare and exciting opportunity to integrate into the Engine Yard project
Belvoir Castle attracts very large visitor numbers all year round
A range of spaces available within Vale House
Smaller units from £3,000 per annum up to £11,000 per annum
All prices include utilities

LOCATION
Belvoir Castle is a popular tourist destination in the beautiful Vale of Belvoir in Leicestershire attracting a mix of high-end corporate and private clients. With Heritage tours and corporate events it attracts large numbers of local, national and international visitors. The Castle Engine Yard, a cluster of recently converted retail premises, sits in the shadow of the Castle opposite the entrance and offers a unique rural shopping for local trade and tourists. Vale House sits directly within the Engine yard and is the 3rd phase of the development.

Vale House offers a unique opportunity to be part of this new rural retail village. In the heart of the Estate and close to the Castle set in over a three acre site, the development offers over 12,000 sq ft of prime retail space converted from charming early Victorian estate buildings.

For more information please visit the web page at the link below:

https://www.belvoircastle.com/plan-your-visit/the-engine-yard/

Close to the A1 and only a 10-minute drive from the A52, 15 minutes from both Grantham and Melton Mowbray and 40 minutes from Nottingham.

DESCRIPTION
The Engine Yard offers a unique opportunity to be part of a new rural retail village. In the heart of the Estate and close to the Castle, it is perfectly situated for tourists and local trade. Set over a three acre site, the development offers over 12,000 sq ft of prime retail space converted from charming early Victorian estate buildings.

This is a unique opportunity to acquire a highly desirable newly renovated unit, and for incoming operators to develop their own style of trade to suit their own personal requirements. Belvoir are open minded about future uses, but are looking for enthusiastic high calibre operators.

AMENITIES
Belvoir Castle is a popular tourist destination in the beautiful and historic Vale of Belvoir attracting a mix of high-end corporate and private clients. Belvoir Castle Engine Yard is a new shopping experience for local trade and expand its tourist experience with this newly converted retail site.

SERVICES
A range of on-site services are available; to include mains electric and Water, Sewerage, Oil fired central heating and high speed Internet.

TERMS
Lease terms will be 54 Act contracted out 3 year agreement with dual break clause after 18 months. One quarter rent required as deposit. The Belvoir Estate will convert all the rooms to a shell fit out (carpeted and decorated) and provide all configuration and services to each demise.

OUTGOINGS
The individual properties will need to be rated at the time of completion/occupation. We are advised that Melton Borough Council are the local authority responsible for rates in this area.

EPC

To be confirmed upon completion of works

VAT
VAT will be charged on the rent and service charge along with the landlords insurance.

LEGAL COSTS
the tenant will be required to provide a contribution capped at £1,000+VAT towards legal costs

SERVICE CHARGE
Service charges will be applicable capped at 20% of rent.

PARKING NOTES
Ample parking has been designed within the site and will provide delivery access to all tenant partners.

PLANNING
Full planning permission is granted for A1 (shops) and B1 (Business Office) use.

£POA

Key Information
  • Vale House, The Engine Yard, Vale of Belvoir, Grantham, Leicestershire, NG32 1PE
  • Shared Facilities fully serviced range of spaces available
  • Four ground floor units £6-£11k pa
  • Five first floor units £5-£8.5k pa
  • Three second floor units £3-£6k pa

 

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