Key Information
- £10,000 per annum exclusive
- Prominent glazed frontage of 15ft (4.57m)
- Nearby occupiers include M&S, Greggs, Mansfield Building Society and Birds Bakery
- Suitable for a variety of uses, subject to planning
- £10,000 per annum exclusive
The property comprises a two storey terraced premises within Mansfield Town Centre, formerly occupied as a shoe repair shop. The ground floor benefits from a fully glazed frontage, concrete flooring, wall racking and a suspended ceiling. Whilst the first floor comprises of a staff kitchenette and WC facilities.
Location
The property is located in the market town of Mansfield, situated 12 miles from Nottingham, with a population of c. 110,000 and a catchment of 470,000 within a 10-mile radius. The property is located along the northern face of Regent Street, which is a short walk from the Four Seasons Shopping Centre and Market Place. Many national occupiers are located within the surrounding pitches including TK Maxx, Next, Boots, Poundland, Costa, Sports Direct and Greggs.
Rates
Property Description: Shop & Premises Rateable Value: £5,600 Rates Payable: £2,794.40 (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% discount from April 2024 (subject to a £110,000 per annum per business). (Source: VOA)
EPC
An EPC has been commissioned and shall be available in due course.
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. (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of the local authority).
Viewing
Viewings are by appointment with sole agents Innes England