TYPEOffice, Retail, General Retail, Retail - High Street, Retail - Out of Town, Leisure Property, Restaurant/Cafes, Offices, Licensed & Leisure
POSTED ON24th November 2023
LOCATION The premises are located along Mansfield Road (A60) which is one of the principle arterial routes to and from Nottingham city centre and provides easy access to Mansfield. The wider area is of mixed use comprising a variety of residential, shops, commercial units, café's and restaurants and professional services. Occupiers within the immediate vicinity include Wetherspoons, Betfred and a variety of local businesses.
DESCRIPTION This end terraced ground floor retail premises comprises a main sales area with store to the rear. The unit also has a basement providing further ancillary storage, W.C and shower room. The property has been refurbished to a high specification and benefits from the following features;
- Prominent glazed frontage - Laminate flooring - Electric roller shutter - Spotlighting - Parking to rear
ACCOMMODATION We have calculated the approximate net internal floor area to be as followed;
Ground Floor- 45.8 sq m (493 sq ft) Basement- 28.93 sq m (311 sq ft)
TOTAL NIA- 74.73 sq m (804 sq ft)
SERVICES We understand that mains electricity, water, gas and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.
BUSINESS RATES From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;
Rateable value: £14,500
Interested parties should make their own enquiries as to the amount of rates payable.
TERMS The unit is available TO LET on a new full repairing and insuring lease for a term to be negotiated at an asking rent of £24,000 per annum. A premium of £20,000 is payable for the fixtures and fittings, please contact the agent for more information.
EPC Energy rating: C
VAT We understand that VAT will not be charged.
LEGAL COSTS The tenant is to contribute £1,500 towards the landlords legal costs.