Key Information
- £11,000 per annum exclusive
- Ground floor sales of 499 sq ft (46.4 sqm)
- Situated on a busy parade of shops with a number of occupiers
- Suitable for a variety of uses, subject to planning and Landlord consent
- £11,000 per annum exclusive
The property comprises a self-contained ground floor retail unit with external W.C. facilities. The property was most recently used as a clothes shop and the specification reflects this to include; laminate flooring throughout, wall racking, fitting room and suspended ceiling with inset LED lighting.
Location
The property is situated within a busy parade of shops a short distance from Arnold town centre. Arnold is a market town approximately 5 miles north of Nottingham City Centre and has a population of c.38,000. The parade has a prominent frontage to Rolleston Drive and is well served by public transport, with regular buses to Nottingham City Centre and the surrounding conurbation. The surrounding area is predominantly residential, with a new 131 home development expecting to complete by September 2025. There are also a number of industrial premises in the vicinity of the parade with occupiers including Howdens and various independent occupiers. Other occupiers along the parade include a Premier Convenience Store, Rolleston Fish Bar, K's Pantry and Pizza Exchange.
VAT
All figures are quoted exclusive of VAT.
Rates
Property Description: Shop & Premises Rateable Value: £8,800 Rates Payable: £4,391.20 (based on the small business rates multiplier of 49.9 effective until March 2025). Some retail occupiers may be eligible for 100% discount on business rates via the small business rates relief scheme. Interested parties should make their own enquiries on the VOA website or Gedling Borough Counciil. Source: VOA
Services
We understand that all mains services are connected to the property.
EPC
The premises has an EPC assessment of E - 103.
Legal Costs
Each party is to bear their own legal costs incurred as part of any transaction.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
From online enquiries of Gedling Borough Council it is our understanding that the property benefits from planning permission for its current use, under Use Class E (Commercial Services and Business) under the Town & Country Planning (Use Classes) Order 1987 and its subsequent amends. The property may therefore be suitable for use as a retail shop, financial and professional services, clinic, office, gym, cafe/restaurant or creche. Interested parties should make their own enquiries of Gedling Borough Council.
Viewing
Viewings are by appointment with sole agents Innes England A 360 virtual tour is available online or from the agents