Fully let ground floor retail unit with self-contained flat above.
• GF retail unit of 135.76 sq m (1,440 sq ft)
• 3 bedroomed first floor flat
• Let at £14,400 per annum
• Popular village location
LOCATION:
The property is situated on a neighbourhood parade in the heart of Bilsthorpe village. Adjacent occupiers including One Stop Convenience Store, a fish & chip shop and a hair salon.
Bilsthorpe is a village in northeast Nottinghamshire and comprises a resident population of approximately 3,375 persons (census 2011).
DESCRIPTION:
The property comprises a ground floor retail unit, incorporating a sales area and rear stores.
The first floor provides a three bedroomed self-contained flat but is currently included in the lease with the ground floor.
Externally, the property benefits from a secure roller shutter to the front of the property, in addition to a secure rear access via a service yard.
We understand the property to have full services connections, but these have not been tested.
GROUND FLOOR ACCOMMODATION:
Ground Floor Sales (Front): 52.90 sq m (570 sq ft)
Ground Floor Sales (Rear): 72.46 sq m (758 sq ft)
Ground Floor Stores (Rear): 10.40 sq m (112 sq ft)
TOTAL: 135.76 sq m (1,440 sq ft)
The first floor flat has not been measured and is not included in the above accommodation.
LEASE:
The ground floor and first floor are let in their entirety to a private individual, who trades the ground floor takeaway and lives in the accommodation above.
The lease is for a term of 21 years from 1st June 2013, incorporating three yearly rent reviews.
The tenant is responsible for repairs, decoration and insurance payments.
The current rent is £14,400 per annum.
TENURE:
Freehold, subject to the lease.
PRICE:
The property is available to purchase at a price of:-
£230,000 Freehold
(Two Hundred and Thirty Thousand Pounds)
PLANNING:
E: (a) Retail
Sui Generis (A5 Hot Food Takeaway)
The first floor has residential consent.
VAT:
Vat is applicable to the purchase price.
EPC:
EPC's have been commissioned.
FURTHER INFORMATION:
For further information including lease documentation, please contact the sole selling agents on the attached brochure.
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