Key Information
- Flexible lease terms available
- Recently refurbished shopping parade
- Nearby occupiers including Tesco, Farmfoods and Papa Johns
- Suitable for various uses, subject to planning and landlord consent
- £10,000 per annum exclusive
The shopping centre has recently undergone a full refurbishment and public realm improvements. These works include new paving, spot lighting and planters and benches within the main walkway of the centre. Carlton Square is the primary shopping facility for the local community which is also served by a large Tesco Supermarket directly adjacent to the scheme. Carlton Square provides a strong mix of local and multiple national occupiers including Papa John's and Farmfoods as well as a cafe, laundrette and bar. Farmfoods underwent a full refurbishment and extension of the store in March 2024 to over 14,000 sqft. The centre is also home to DBH House a residential building containing a total of 45 apartments, providing a mix of 1, 2 and 3 bed flats. Each unit benefits from a fully glazed frontage and electrically operated roller shutter door, well proportioned sales area with stores and staff toilet facilities to the rear. Rear loading is available via a manual roller shutter door from the service yard and there is significant parking provisions surrounding the shopping centre with a total of 73 car parking spaces available for free for up to two hours.
Location
Carlton Square Shopping Centre is located within the wider suburb of Carlton, a busy and popular area of Nottingham and lies approximately 3 miles east of the City Centre. The shopping centre is located a short distance from Colwick Loop Road (A612), which provides access to the A60.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
A service charge is levied for the upkeep of the common areas.
Rates
Unit 12 Rateable Value: £6,500 Rates Payable: £3,243.50 (based on the small business rates of 49.9p, effective until March 2026). Unit 15 Rateable Value: £6,000 Rates Payable: £2,994 (based on the small business rates of 49.9p, effective until March 2026). Unit 16 Rateable Value: £5,900 Rates Payable: £2,944.10 (based on the small business rates of 49.9p, effective until March 2026). Some retailers may be eligible for 100% discount on the business rates. Interested parties should make their own enquiries of the VOA website or the local planning authority. All retail, leisure and hospitality users will be entitled to 40% rates relief or rates payable up until April 2026. (Source: VOA)
EPC
The premises have an EPC assessment of; Unit 12 - C-75 Unit 15 - C-72 Unit 16 - C-72
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
We understand the property benefits from planning consent for the following uses: Class E (Commercial, Business and Services use). Making the premises suitable for uses such as a shop, cafe, restaurant, office, clinics, health centre and day nurseries (subject to Landlord consent).
Viewing
Viewings are by appointment with sole agents Innes England