5 King Street, Nottingham NG1 2BH

LOCATION:
The subject property occupies a prominent position on King Street. King Street is a popular retail / leisure pitch within close proximity to Nottingham's Old Market Square.

Adjacent and nearby occupiers include Clarks Shoes, Caffé Nero, Bill's Restaurant, The Alchemist and Zizzi.

DESCRIPTION:
The property comprises a ground floor retail unit with a fully accessible and useable basement.

The ground floor forms an open plan retail unit with rear staircase leading down to the ancillary office and vault storage. To the rear of the ground floor retail area is a single WC.

ACCOMMODATION:
Ground Floor Sales: 39.02 sq m (420 sq ft)
Basement Stores: 52.58 sq m (566 sq ft)
TOTAL: 91.60 sq m (986 sq ft)

TERMS:
The property is available on a new effectively FRI lease for a term of years to be agreed.

RENT:
The property is available to rent at:-
£37,500 Per Annum

RATES:
Rateable Value: £23,000

PLANNING:
E: (Commercial, Business & Service) Retail

VAT:
VAT is applicable to the rent.

FIXTURES AND FITTINGS:
The unit is currently fully fitted as a Barbers and the outgoing Tenant may considering a sale of the existing Fixtures and Fittings. Full details available upon request.

SERVICE CHARGE:
A Service Charge will be levied in addition to the rent for the Tenants contribution to the upkeep and maintenance of the external fabric of the building and common areas.

PREMISES LICENCE:
The existing Tenant has an Alcohol Licence - full details are available upon request.

EPC:
D - 79

VIEWINGS:
Interested parties must contact Nick Morgan or Will Torr at heb Surveyors to formally arrange an inspection, and they should not visit the premises unattended.