Sainsburys Local, Watnall Road, Hucknall, Nottingham, NG15 6EY
Size
92 - 4,401
Tenure
Freehold
EPC
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Parking
14
- Primary use
- Shop
- Frontage
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No floor / site plan
Key features
- Modern well configured convenience store occupying a prominent position in Hucknall, a popular suburb of Nottingham.
- Let to Sainsburys Supermarkets Ltd, a 5A1 rated covenant.
- Freehold.
- Just under 5 years unexpired term.
- Passing rent £71,306 per annum (£16.20 per sq ft).
- Total space of 4,401 sq ft with 14 parking spaces.
- Guide price £1,000,000 representing a 6.74% NIY.
Description
The property comprises a purpose built food store constructed in 2015 of two storey brick/concrete block construction beneath a pitched tile covered roof.
The accommodation comprises a large ground floor retail area with ancillary storage and staff accommodation to the first floor. Externally, there are 14 car parking spaces including 2 disabled spaces.
Location
Nottingham is the principal city in the East Midlands and benefits from £11 billion economy. The city is located approximately 128 miles north of London, 45 miles north east of Birmingham, 15 miles east of Derby, and 21 miles north of Leicester.
Hucknall is a busy market town lying approximately 6 miles to the north of Nottingham with good commuter connections including a railway station and tram stop.
Tenancy
The property is let to Sainsburys Supermarkets Ltd on a full repairing and insuring lease on a term to expire 1 November 2030, without further tenant breaks. The lease provides for regular RPI linked rent reviews every 5 years and the rent has recently been increased to £71,306 per annum with effect from 2 November 2025.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
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Sainsburys Local, Watnall Road, Hucknall, Nottingham, NG15 6EY
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Disclaimer - Property reference 346524-1. 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 Savills, Nottingham. 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.