Shop to rent

Prominently situated shop providing a ground floor of 4,386 sq.ft. together with first floor of 1,511 sq.ft. in a good corner position and having the benefit of a car parking nearby. SUBSTANTIALLY REDUCED RENT FOR THE FIRST YEAR OF £25,000 .

Location

The subject property is situated on the corner of Outram Street and Portland Street and occupies a good secondary position close to the centre of the large town of Sutton in Ashfield which serves a population of 50,000. The town provides a wide range of shops, good schools and regular bus services to Mansfield and Nottingham which are some 4 and 14 miles away respectively. The town has excellent road access via the A38 to junction 28 of the M1 Motorway which is less than 3 miles distance.

Description

The property comprises a large retail shop constructed of brick with steel frame under a flat roof providing an L shaped shop/store with delivery access from Portland Street. There is ground floor wcs and first floor storage space. The shop has a large sales display window, an entrance on Outram Street and return frontage to Portland Street and has roller security shutters to these elevations.

The property is situated close to Pizza Hut, Block Buster Videos, diagonally opposite from Wilkinsons Superstore and provides a good trading position on Outram Street. The premises are available for a wide variety of retail purposes and the property was fomerly occupied by Halfords.

Accommodation

Sales Shop

27.48m x 8.81m (90'2 x 28'11 )

With recessed entrance lobby, large sales display window to Outram Street and return display window to Portland Street, suspended ceiling.

Rear Sales

14.96m x 12.96m (49'1 x 42'6 )

Ground Floor Stock Room

2.37m x 3.27m (7'9 x 10'9 )

Two Wcs

With low level wcs

Goods Inwards

3.85m x 3.85m (12'8 x 12'8 )

With double doors to Portland Street and stairs to

First Floor

Store

15.37m x 9.33m (50'5 x 30'7 )

Outside

Supplementary access to the rear down the side of no. 6 Outram Street.

Local Authority

Ashfield District Council.

Rateable Value

From our inspection of the rating list on the internet, the property has a rateable value of £20,500 for 2010.

Lease

The premises are available to let on a new lease to be negotiated on a full repairing and insuring basis subject to 5 yearly reviews only

Rent

Substantially reduced rent for the first year at £25,000. Thereafter the rent is to be stepped, increasing to £27,500 for Year 2 and £30,000 for Year 3 . Further incentives may be available by negotiation.

Services

Mains water, electricity and drainage are connected to the property although no tests have been undertaken to these installations.

Viewing

By appointment with the agent.

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