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Shop to rent

18, Regent Street, Mansfield, Notts

£666 pcm

Property Description

Letting information:

Furnishing: Not Specified

Key features

  • Sales Shop of 528ft2
  • With First Floor Stores
  • In centre of town

Full description

To let on new lease ground floor sales shop of 528ft2 and first floor stores of 168ft2 in a prominent position in an established retail area opposite the entrance to Marks and Spencers. SUBSTANTIAL REDUCED ASKING RENT OF 8,000 pa.

Location

The premises are situated on the eastern side of the pedestrianised Regent Street which leads from Market Place and West Gate to the south, to Clumber Street to the north.

Regent Street is one of the main retail locations in the town.

Mansfield has a catchment population of approx. 100,000 and serves as the sub regional centre for north west Nottinghamshire. The town is located some 14 miles north west of Nottingham, 13 miles south of Chesterfield, 13 miles south of Worksop. The town has regular bus services to each of these towns.

There is also a rail link in the town via the Robin Hood Line to Nottingham and Worksop and there is excellent road access via the A38 and the A617 to Junctions 28 and 29 of the M1 Motorway which are approx. 8 miles distance.

Description

The subject property comprises a former jewellers shop with display cases with ground floor partitioned stock room, whilst at first floor level there is a store and mezzanine and two WCs.

The property occupies a prominent position adjacent to Johnsons Cleaners UK Limited, Right 4 Staff , County Contact (the county council premises ), opposite British Heart Foundation, Mark Leeson Jewellers , side entrance to Marks & Spencer, and close to The Academy Hairdressing & Beauty training salon operated by West Notts. College.

The premises have the benefit of access to Toothill Lane from the rear where there is a useful service area and car park with pedestrian access to Church Street.

Accommodation

Built Frontage 4.70 m
Net Frontage 4.07 m
Built Depth 12.90 m

Sales Shop

9.07m x 4.38m (29'9 x 14'4 )

With recessed entrance, display cabinets with access to the rear of the display cabinets, cupboard below stairs,

Partitioned Stock Room

3.25m x 2.07m (10'8 x 6'9 )

(plus 1.1m x 1.71m) with security grille and door leading to the service area to the rear

Stairs to first floor

Store

4.32m x 2.82m (14'2 x 9'3 )

(plus 2.09m x 1.61m)

Mezzanine Storage Over Part

Wc 1

With low level wc, wash hand basin (cold, & hot from electric water heater), half tiled walls,

Wc 2

With low level wc, wash hand basin (cold, & hot from electric water heater), half tiled walls.

Lease

The premises are offered to let on a new full repairing and insuring lease, for a length of term to be agreed.

Rental

Substantial reduced from 12,000 to 8000 per annum with effect from 26/3/2013 .

Rating

Local Authority: Mansfield District Council

We understand from our inspection of the 2010 Rating List on the Valuation Office Agency web site, the premises have a rateable value of 10,750 with effect from 1st April 2010.

Planning

The premises have a long established use for A1 retail.

Costs

The ingoing tenants are to be responsible for the Landlords reasonable legal costs and any stamp duty or land tax payable.

Vat

VAT will be charged on the rental.

Viewing

By appointment with the Agents.

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More information from this agent

Energy Performance Certificates (EPCs)

To view this property or request more details, contact:

W A Barnes, Sutton in Ashfield (Commercial)

Portland Square, Forest Street, Sutton-In-Ashfield, NG17 1DA

01623 554084 Local call rate

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