Key Information
- NIA 793 SQFT (73.7 SQM)
- £14,000 per annum exclusive
- 12,300 passing daily vehicles
- Nearby retailers include Heron Foods, Nisa Local and Well Pharmacy
- £14,000 per annum exclusive
The property comprises a ground floor retail premises. The property benefits from an electrically operated roller shutter door, fully carpeted floors and suspended ceiling with inset LED lighting and heating/cooling units. The staff kitchenette and WC are located to the rear of the unit with two further customer WCs. A car park with 20 minutes free access is located off Brownlow Drive with an additional rear car park with 100 marked spaces.
Location
The property is situated within Rise Park a suburb situated c.5 miles north of Nottingham City Centre. The property benefits from multiple nearby bus links connecting the area to the City Centre and the surrounding conurbations of Arnold, Bulwell, Nuthall and Sherwood. The property is surrounded with a strong mix of national and local occupiers including Premier, Well Pharmacy, Heron Foods and Nisa Local.
Rates
Property Description: Shop & Premises Rateable Value: £9,400 Rates Payable: £4,960.60 (based on the small business rates multiplier of 49.9 effective until March 2026). All retail, leisure and hospitality users will be entitled to 75% discount up to April 2025, which will decrease to a 40% discount from April 2025 (subject to a minimum of £110,000 per annum per business). Interested parties should make their own enquiries on the VOA website or Nottingham City Council. Source: VOA
EPC
An EPC has been commissioned and will be available in due course.
Legal Costs
The ingoing tenant will be responsible for their own and the landlord's legal costs.
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