Retail Property (high street) for sale

33 Abbey Road, West Bridgford, Nottingham, NG2 5NG

Offers Over £210,000
763 sq. ft.

Property Description

Commercial information

  • 763 sq ft (70 sq m)

Full description

Tenure: Freehold

LOCATION
The property is located on Abbey Road, West Bridgford, approximately a 5-10 minute walk from the main retailing pitch of Central Avenue. West Bridgford is an affluent and popular suburb of Nottingham, with a thriving centre providing ample retail and social amenities to local residents.

The subject premises are located on Abbey Road amongst a small parade of shops occupied mainly by local level retailers, including Tiffin´s tea shop, Cowan´s curtain supplier, Fairview Estates Agency, Studio 39 hair and Beauty Salon, Renew 37, a wellness centre and Abbey Road music shop.

DESCRIPTION
The property comprises of a ground floor retail unit with separately accessed first and second floor residential accommodation.

The commercial element is a ground floor shop of a gross internal area of approximately 763sqft. The retail area has recently been completely re-fitted and is in excellent condition. The main retail area benefits from a large double glazed windowed shop front, suspended ceiling with spotlights, tiled walls and tiled and wooden flooring. In addition to the retail area there is also a large fridge room, two kitchen/preparation areas, W/C and a freezer room. There is also rear access and further external storage areas.

The business, Rutherford's Butchers, is included with the sale. All fixtures and fittings relating to the business will be included. We understand the business is also established within the wholesale market, to further support the retail unit. We are advised that the business has a turnover in the region of £340,000per annum.

The residential accommodation is accessed via an external staircase to the rear of the building. To the first floor is spacious kitchen/diner with separate living area and bathroom. A further staircase provides access to the second floor which accommodates two double bedrooms.

The property is offered for sale by means of two options. The ground floor retail unit and accompanying business is offered for sale on a long leasehold with 996 years unexpired, at offers over £210,000.

Alternatively, the freehold of the entire property is offered for sale, plus existing Butchers business, at offers over £340,000.

ACCOMMODATION
The property consists of the following approximate floor areas:

Retail Unit
Sales area - 31.9sqm / 343sqft
Fridge Store - 16.6sqm / 179sqft
Kitchen/Prep Area - 8.9sqm / 96sqft
Rear Prep Area - 8.2sqm / 88sqft
Freezer Room - 5.3sqm / 57sqft
W/C
External Stores x 2
Total - 70.9sqm / 763sqft

Residential 33A Abbey Road:
Kitchen/Diner - 25.8sqm / 278sqft
Lounge - 22.8sqm / 245sqft
Bedroom 1 - 18.7sqm / 201sqft
Bedroom 2 - 17.9sqm / 193sqft
Bathroom - 7.4sqm / 79sqft
Total: 92.6sqm / 996sqft

TERMS
The ground floor commercial accommodation is offered with vacant possession.

Flat 33A Abbey Road is occupied on a 12 month Assured Shorthold Tenancy due to expire on 30th November 2018 at a current rent of £625pcm.

OUTGOINGS
We are verbally advised by the Business Rates Department of the local council that the premises are assessed as follows:

Rateable Value: £6,900
Multiplier (2018/2019): 0.480
Rates Payable: £3,312

The property may be subject to Small Business Rates Relief - further information at www.voa.gov.uk.Interested parties are advised to confirm these figures directly with the relevant local authority.

The residential accommodation is within council tax band B, which was charged at £1,457.31 for the year 2018/2019.

LEGAL COSTS
Each party is to bear their own legal costs.

PARKING NOTES
The property benefits from one parking space to the front forecourt area, there is also unrestricted parking to the roads in the immediate vicinity.

PLANNING
The retail unit benefits from A1 planning consent.

VIEWING
For further information and to arrange access for an onsite inspection please call Hannah Owens of Rex Gooding Estate Agents on 0115 945 5553 or email hannah@rexgooding.com.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Nottingham (1.6 mi)
  • Station St (1.6 mi)
  • Lace Market (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rex Gooding Estate Agents, West Bridgford Commercial Properties

4 Albert Road West Bridgford NG2 5GQ

0115 798 0313 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Rex Gooding Estate Agents, West Bridgford Commercial Properties

4 Albert Road West Bridgford NG2 5GQ

0115 798 0313 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Nottingham (1.6 mi)
  • Station St (1.6 mi)
  • Lace Market (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rex Gooding Estate Agents, West Bridgford Commercial Properties

4 Albert Road West Bridgford NG2 5GQ

0115 798 0313 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100497006810. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rex Gooding Estate Agents, West Bridgford Commercial Properties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.