Key Information
- 1,198 sq ft (111.3 sq m)
- Located in the heart of the historic Cathedral Quarter
- Freehold subject to the existing tenancies
- Income producing at £18,300 per annum
- Freehold £250,000 subject to the existing tenancies.
An attractive period building, although not Listed, of traditional brick construction under a pitched tiled roof. No 28 - comprises a ground floor retail unit fitted to a good standard and has been occupied for a number of years as Georgio Reggiani, gentleman's clothing retailer. There is a sales area to the front and rear of the unit, with fitting room in the mid section. To the rear there is a kitchen and staircase to a small ancillary area on the first floor for storage. No 28a - comprises the first and second floors that is occupied as a beauty and aesthetics consultants and has treatment rooms on the first floor and storage in the rooms on the second floor. The upper floors have a separate access off Sadler Gate via a passageway, leading into a small courtyard and stair approach to the first floor
Location
The property is situated on Sadler Gate, an attractive pedestrianised shopping thoroughfare in the heart of the historic Cathedral Quarter to the north of the city centre. Sadler Gate has long been established as the boutique and niche retailing sector of the city centre offering a mix of national, regional and independent retailers. It also forms part of the main food and drink circuit for the city centre and alongside the adjacent Friar Gate and Iron Gate, offers a range of cafes, bars and restaurants.
VAT
We have been advised that VAT is payable.
EPC
No 28 has an EPC rating of B (28) and is valid until 10 January 2033 No 28a has an EPC rating of E (106) and is valid until 16 January 2033
Legal Costs
Each party is to bear their own legal costs incurred with this transaction.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement First Edition.
Planning
The premises fall within Class E (Business, Commerce and Services) of the Use Classes Order 1987 (as amended)
Viewing
Viewings are by appointment with sole agents Innes England