A1 Retail Premises situated in an outstanding trading position with a very high footfall and excellent turnover. This double fronted convenience store, circa 3764 sqft, has a comprehensive inventory of fixtures and fittings (available by request) and is newly available for Lease.
The property is located at the Newport Road end of City Road, next door to a 'Subway' store. There is currently a large amount of residential development in very close proximity to the premises and the city centre is a five minute walk away. The locale is densely populated with a mixture of traditional homes, high rise developments, student accommodation, and office blocks close by. A popular J D Wetherspoons is just a few doors away.
The property briefly comprises a large retail space, stock room, office, butchers, off-license, national lottery, paypoint, walk-in cold room and a walk-in refrigerator.
Premium Required: £200,000.00
Rent: £50,000.00 per annum.
Agency Fees Apply.
Rateable Value: £19,750.00
Rates Payable: £10,151.50
We advise any interested parties to make their own enquiries with the Local Authority with regard to the current business rates payable on these premises.
By way of a new Lease with Terms to be agreed, within the LTA.