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Retail Property (high street) to rent

Forest Road, New Ollerton

£10,000 pa| £833 pcm

Property Description

Full description

ASKING RENT REDUCED TO £10,000 per annum

Sales Area 126.47 1361 sq.ft.
Stores, Kitchen & Office 89.2 959 sq.ft.

Very prominent position on Forest Road, the principal thoroughfare in this thriving village.

There is an unloading area/ parking space at the rear of the property together with on street parking.

Location - The subject premises are situated on the south side of Forest Road which is the principal shopping thoroughfare in the small village of Ollerton which serves a population of approx. 10,000 . Forest Road is the A6075 Mansfield to Dalton, Lincoln and Gainsborough road, and it is fully trafficked.

The village of Ollerton is situated close to the A614 Nottingham to Bawtry road and has good road access to the A1 which is approx. 7 miles to the north. The village is situated approx. 20 miles north of Nottingham and some 9 miles north west of the large town of Mansfield.

Description - The subject property comprises a substantial ground floor sales shop with store room, office, WC and kitchen, further store with double doors to an access road to the side. The premises have, in recent years, traded as a post office and subsequently were occupied by Superdrug and are now currently occupied on a licence by a charity.

The premises occupy a prominent position adjacent to Cooplands Bakers, close to Heron Foods, Lloyds Bank , Boots Pharmacy, NatWest Bank, Co-op Pharmacy and Co-op Food Store.

Accommodation -

Sales Shop - 20.08 x 9.37 (65'11" x 30'9") - With two large sales display windows, recessed lobby with double doors, suspended ceiling, electric heaters.

Off the sales area there are two stores.

Store 1 - 1.74m x 1.46m (5'9" x 4'9") -

Store 2 (Formerly Gents Wc) - 1.77m x 1.58m (5'10" x 5'2") -

Rear Store - 5.57m x 3.89 plus 2.44 x 2.42m (18'3" x 12'9" plus - With fluorescent lighting, stairs leading to Office:

Office - 2.02m x 2.32 plus 1.31 x 1.02m (6'8" x 7'7" plus 4 - With worktop and drawers, shelving, electric heater,

Ladies Wc - With low level wc, wash hand basin , part tiled walls,

Kitchen - 1.84m x 3.85m (6'0" x 12'8") - With stainless steel sink unit, base unit below , worktop with drawers below, extractor fan

Stock Room - 5.12m x 8.29m (16'10" x 27'2") - With concrete floor, double doors.

Outside - To the rear there is a delivery area where a tenant could easily park a couple of vehicles or larger van. Additional space could be created by removing the storage facility to the rear of the perimeter (subject to Landlords approval).

Rating - Local Authority; Newark & Sherwood District Council

We understand from our inspection of the Rating List on the Valuation Office Agency web site, the premises have a rateable value of £13,750.

Lease - The premises are available to let on a new lease at an initial rental of £10,000 per annum subject to review after five years, on an internal repairing & insuring basis.

Further incentives may be available subject to negotiation.

Planning - The property has an established use for A1 shop.

Legal Costs - Each party are to be responsible for their own legal costs.

Viewing - By appointment with the Agents WA Barnes LLP.

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