Key Information
- £37,500 per annum exclusive
- NIA: 1,309 sqft (121.6 sqm)
- Nearby occupiers include Co-Op, Boots and Peak Pharmacy
- Public car park to the rear with 2 hours free parking
- £37,500 per annum exclusive
The property comprises a ground floor retail unit with a prominent fully glazed frontage. The premises was most recently used as a Costa Coffee and the specification reflects this to include a suspended ceiling, LED spotlighting, laminate wooden flooring as well as staff and customer WCs. The property does benefit from dual access, with a glazed frontage to the rear as well as a rear yard for further storage.
Location
The property is located within the popular residential suburb of Mapperley, which has a population of over 16,500 and is approximately 3 miles to the northeast of Nottingham City Centre. The property has a prominent frontage along Plains Road, the main thoroughfare through Mapperley and is well served by public transport and a large council car park to the rear with free parking for up to two hours. Plains Road is occupied by various national and regional occupiers including Co-Op, Boots, Birds Bakery, Frank Innes and The Nottingham Building Society.
VAT
All figures quoted are exclusive of VAT.
Rates
Property Description: Offices & Premises Rateable Value: £21,250 Rates Payable: £10,603.75 (based on the small business rates of 49.9p, effective until March 2025). All retail, leisure and hospitality users will be entitled to 75% rates relief or rates payable up until April 2025. (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