Retail Property (high street) to rent128 Abbey Street Nuneaton CV11 5BZ
1,534 sq. ft.
- 1,534 sq ft (142 sq m)
- Prominently Situated
- Accommodation Arranged On Two Floors
- Located In The Commercial Heart of Nuneaton
- Rental Incentive Available
Prominently situated retail premises arranged on two floors
ACCOMMODATION Ground Floor Sales Area approx. 786 SqF (73 SqM)
FIXTURES AND FITTINGS All items usually classed as tenant's fixtures and fittings and not mentioned in these details are excluded from the letting.
LOCATION The premises are located in the commercial pedestrianised heart of Nuneaton, which is the largest town in the borough of Nuneaton and Bedworth with a population of 71,000 (Census 2001) and a catchment extending to around 120,000.
RENTAL £17,500 pa
RATING We are informally advised by the Local Authority that the Business Rates assessment is:- Rateable Value: £20,500 Please note that this is not the Rates Payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of Rates Payable.
SERVICES Mains electricity, water and drainage are understood to be installed to the property, subject to connection charges by the utility companies. No tests have been applied.
LEASE The lease will be drawn on a tenant's effective full repairing and insuring basis for a term by agreement (but a minimum of three years is suggested). INITIAL RENT The commencing rental will be £17,500 per annum exclusive. RENTAL INCENTIVE The premises are available at half rent for the first year (i.e. £8,750 per annum) subject to the tenant committing to a minimum three year term.
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