Key Information
- £16,000 per annum exclusive
- NIA 838 sqft (77.9 sqm)
- Annual daily traffic flow of 39,000 vehicles
- Nearby occupiers include Dominos, A W Lymn and Spar
- £16,000 per annum exclusive
The property comprises a two storey commercial premises previously used as an insurance brokers. The specification reflects this with the sales area benefiting from a fully glazed frontage, suspended ceiling with inset category 2 lighting as well as part carpeted and part wooden flooring. There is storage located to the rear of the unit, which also provides an exit to the rear of the property. The first floor is currently configured to provide 2 offices, a meeting room, kitchenette and WC; benefitting from fully carpeted flooring and fluorescent tube lighting.
Location
The property is located along Nuthall Road, the principal route connecting Nottingham City Centre (2.6 miles) to Junction 26 of the M1 Motorway (2.2 miles); with an average daily traffic count of 39,000 vehicles at the nearest point. The surrounding conurbation is predominantly residential with the majority of commercial property situated along Nuthall Road itself. The property has a prominent frontage along Nuthall Road and benefits from regular bus services providing access to Nottingham City Centre, as well as the surrounding suburbs. Nuthall Road consists of a strong mix of national and local occupiers including Dominos, Spar, A W Lymn and Barnardo's.
VAT
All figures quoted are exclusive of VAT.
Rates
Property Description: Shop & Premises Rateable Value: £5,700 Rates Payable: £2,844.30 (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
EPC
The premises have an EPC assessment of D - 84.
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