Key Information
- £230,000
- GIA: 2,088 sqft (193.93 sqm)
- Centrally located within Tuxford
- Suitable for a variety of uses, subject to planning
- The property previously traded as a Co-Operative Convenience Store. Specialist fixtures and fittings may be available.
- £230,000
The property comprises of a single storey premises fronting Newcastle Street connected to a two-storey building to the rear of the site via a ground floor extension. The property benefits from a suspended ceiling with inset Cat 2 Lighting, electric roller shutter doors, tiled flooring and a service yard accessed via the side of the building. Currently there is no access to the first floor of the rear building.
Location
The property is located within Tuxford, a historic market town in Nottinghamshire. Tuxford is well served by national road links, with the A1 directly connecting to the town centre. The town is located within the Bassetlaw District which received £20 million in the most recent Levelling Up Fund. A portion of this fund has been allocated to improve shop frontages and the public realm within Tuxford. The property itself is located a short distance from the town centre which benefits from local independent occupiers and essential businesses including Tuxford Pharmacy, Nisa Local, The Sun Inn and Tuxford Post Office.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Rates
Property Description: Shop & Premises Rateable Value: £10,250 Rates Payable: £5,114.75 (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 premises have an EPC assessment of C - 74
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross 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