29 Victoria Road, Netherfield, Nottinghamshire

LOCATION
The property is located within Netherfield town centre approximately 3 miles east of Nottingham city centre.

The property occupies a prominent corner position fronting Victoria Road, which is the main retail area within Netherfield and sits adjacent to occupiers such as the Co-Op, TSB, Coral, heron Foods and a number of local operators.

DESCRIPTION
The premises comprise a mid-terraced retail unit configured over ground floor providing retail accommodation with ancillary accommodation to the rear.

The property has most recently been used as a Nail Salon with the ground floor providing:

•wood effect flooring
•plastered and painted walls
•perimeter power sockets
•suspended ceiling with Cat II lighting
•electric storage heaters
•glazed shop frontage
•kitchen to rear
•wc accessed from main retail area
•fire escape to rear

ACCOMMODATION
The property has the following Net Internal Areas in accordance with the RICS Code of Measuring Practice, 6th Edition:

Ground Floor - Retail 40.6 SQ M 437 SQ FT
Ground Floor - Kitchen 5.8 SQ M 63 SQ FT
Total 46.4 SQ M 500 SQ FT

TERMS OF DISPOSAL
The premises are available to let by way of a new effective fully repairing and insuring Lease for a minimum term of 3 years.

QUOTING RENT
The premises are available at a rent of:
£10,000 per annum exclusive

SERVICE CHARGE
A Service Charge is payable in respect of the maintenance and upkeep of the common areas of the building.

Please contact the Marketing Agent for further information.

BUSINESS RATES
From enquiries made of the VOA website we understand that the property is assessed as follows:

Local Authority: Gedling Borough Council
Description: Hairdressing Salon & Premises
Rateable Value: £7,700

The Rateable Value currently falls within the threshold for small business rates relief and therefore interested parties are advised to make their own enquiries of Gedling Borough Councils Non-Domestic Rates Department in this regard.

SERVICES
It is understood that mains gas, water and electricity are available and connected to the premises.

PLANNING
From enquiries made of Gedling Borough Council it is understood that the property currently has the benefit of a Class E Consent.

Alternative retail uses may be permitted, although interested parties are advised to make their own enquiries of Gedling Borough Council's Planning Department in respect of their proposed use.

VAT
All rents are quoted exclusive of VAT, if applicable.

ENERGY PERFORMANCE CERTIFICATE
A new Energy performance Certificate has been requested and will be made available on receipt.

LEGAL COSTS
Each party will be responsible for their own legal costs involved in this transaction.