Key Information
- NIA: 648 - 1,353 sq ft (60.2 - 125.7 sqm)
- Potential to combine both units
- Nearby occupiers including Tesco, Farmfoods and Papa Johns
- Suitable for various uses, subject to planning and landlord consent
- Unit 15 - £10,000 per annum exclusive Unit 16 - £10,000 per annum exclusive There is potential to combine both units to provide one larger premises.
The units benefit from suspended ceiling with inset LED lighting as well as a large glazed frontage and electrically operated roller shutter door to the front 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 107 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. 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 has recently undergone a refurbishment and extension of the store to 14,296 sqft which reopened in March 2024. There is an apartment building towards one end of the shopping centre containing a total of 45 apartments, providing a mix of 1, 2 and 3 bed flats. The shopping centre is the primary shopping facility for the local community which is also served by a large Tesco Supermarket directly adjacent to the scheme.
VAT
All figures quoted are exclusive of VAT. The shopping centre 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 15 Rateable Value: £6,000 Rates Payable: £2,994 (based on the small business rates of 49.9p, effective until March 2025). Unit 16 Rateable Value: £5,900 Rates Payable: £2,944.10 (based on the small business rates of 49.9p, effective until March 2025). 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 75% rates relief or rates payable up until April 2025. (Source: VOA)
EPC
The units have an EPC assessment of; Unit 15; D-92 Unit 16; C-72
Legal Costs
Each party to be responsible for their own legal costs.
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). (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of the local authority).
Viewing
All viewings to be by appointment via sole agents Innes England. Harvey Marriott - 07535 31204 Sam Hall - 07929 204405