diff --git a/src/box/errcode.h b/src/box/errcode.h
index 6f6e28c6c121469d3acd079d7e464b00d59b66b7..cac8447e2e491f8286dcecb5e9012948f655fe8c 100644
--- a/src/box/errcode.h
+++ b/src/box/errcode.h
@@ -141,7 +141,7 @@ struct errcode_record {
 	/* 86 */_(ER_SESSION_CLOSED,		"Session is closed") \
 	/* 87 */_(ER_ROLE_LOOP,			"Granting role '%s' to role '%s' would create a loop") \
 	/* 88 */_(ER_GRANT,			"Incorrect grant arguments: %s") \
-	/* 89 */_(ER_PRIV_GRANTED,		"User '%s' already has %s access on %s '%s'") \
+	/* 89 */_(ER_PRIV_GRANTED,		"User '%s' already has %s access on %s%s") \
 	/* 90 */_(ER_ROLE_GRANTED,		"User '%s' already has role '%s'") \
 	/* 91 */_(ER_PRIV_NOT_GRANTED,		"User '%s' does not have %s access on %s '%s'") \
 	/* 92 */_(ER_ROLE_NOT_GRANTED,		"User '%s' does not have role '%s'") \
diff --git a/src/box/lua/schema.lua b/src/box/lua/schema.lua
index 50c96a33564253980bdb465b7dd2d988694d0cc5..f537c3cec3302eee1e8b2e9460829712a66c9a19 100644
--- a/src/box/lua/schema.lua
+++ b/src/box/lua/schema.lua
@@ -2408,6 +2408,9 @@ local function grant(uid, name, privilege, object_type,
                privilege == 'execute' then
                 box.error(box.error.ROLE_GRANTED, name, object_name)
             else
+                if object_type ~= 'universe' then
+                    object_name = string.format(" '%s'", object_name)
+                end
                 box.error(box.error.PRIV_GRANTED, name, privilege,
                           object_type, object_name)
             end
diff --git a/test/box/access.result b/test/box/access.result
index 9554991add79703b955f1a756410d89ea7fe3f87..b454d0eaaf77a27557d5d6cd5b578649d7b8d518 100644
--- a/test/box/access.result
+++ b/test/box/access.result
@@ -532,7 +532,7 @@ box.space._priv:select{id}
 ...
 box.schema.user.grant('user', 'read', 'universe')
 ---
-- error: User 'user' already has read access on universe ''
+- error: User 'user' already has read access on universe
 ...
 box.space._priv:select{id}
 ---
@@ -738,7 +738,7 @@ box.schema.user.grant('guest', 'read,write,execute', 'universe')
 ...
 box.schema.user.grant('guest', 'read,write,execute', 'universe')
 ---
-- error: User 'guest' already has read,write,execute access on universe ''
+- error: User 'guest' already has read,write,execute access on universe
 ...
 box.schema.user.grant('guest', 'read,write,execute', 'universe', '', { if_not_exists = true })
 ---
@@ -2108,3 +2108,29 @@ box.space._priv:delete{1, 'universe', 0}
 ---
 - error: 'Incorrect grant arguments: can''t revoke universe from the admin user'
 ...
+--
+-- gh-714: box.schema.user.grant error should be versatile,
+-- i.e. error on universally granted privileges shouldn't
+-- include any redundant details and/or symbols.
+--
+box.schema.user.grant('guest', 'read,write,execute', 'universe')
+---
+...
+box.schema.user.grant('guest', 'read,write,execute', 'universe')
+---
+- error: User 'guest' already has read,write,execute access on universe
+...
+-- Expected behavior of grant() error shouldn't change otherwise.
+sp = box.schema.create_space('not_universe')
+---
+...
+box.schema.user.grant('guest', 'read,write,execute', 'space', 'not_universe')
+---
+...
+box.schema.user.grant('guest', 'read,write,execute', 'space', 'not_universe')
+---
+- error: User 'guest' already has read,write,execute access on space 'not_universe'
+...
+sp:drop()
+---
+...
diff --git a/test/box/access.test.lua b/test/box/access.test.lua
index 759827721a6daac7abcb6bba4eb7859c32d071de..387c8b06bccfbeaca7c66c1e18bd39c10697e580 100644
--- a/test/box/access.test.lua
+++ b/test/box/access.test.lua
@@ -806,3 +806,17 @@ box.schema.user.drop("user3")
 -- instance could not bootstrap nor recovery.
 --
 box.space._priv:delete{1, 'universe', 0}
+
+--
+-- gh-714: box.schema.user.grant error should be versatile,
+-- i.e. error on universally granted privileges shouldn't
+-- include any redundant details and/or symbols.
+--
+box.schema.user.grant('guest', 'read,write,execute', 'universe')
+box.schema.user.grant('guest', 'read,write,execute', 'universe')
+
+-- Expected behavior of grant() error shouldn't change otherwise.
+sp = box.schema.create_space('not_universe')
+box.schema.user.grant('guest', 'read,write,execute', 'space', 'not_universe')
+box.schema.user.grant('guest', 'read,write,execute', 'space', 'not_universe')
+sp:drop()