Key Information
- NIA: 1,195 sq ft (111.02 sqm)
- Ornate glazed frontage spanning 9.87m
- Well positioned retail property on one of Nottingham's principle pitch
- Lower ground floor suitable for further retail space, store or offices
- £29,500 per annum.
The premises is arranged over ground floor and basement, and was formerly occupied by White Rose charity shop. The ground floor is predominantly sales space, and benefits from an ornate glazed frontage. The frontage spans 9.87m and is double fronted. The basement provides storage accommodation, WCs and a kitchenette, as well as further sales space. The basement also benefits from air conditioning throughout.
Location
The subject property occupies a highly prominent central position on the busy Market Street which links Upper Parliament Street and the Market Square. Nottingham Trent University, is also within a 7 minute walk of the subject property, the Cornerhouse leisure scheme and the Theatre Royal are also at the top of this street. This is a thriving and busy location with an eclectic mix of national, regional and independent businesses, nearby operators include; Starbucks, Revoluçion de Cuba, Copper, Slug and Lettuce and Escobar.
VAT
VAT is not applicable.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates are as follow: Rateable Value: £17,250 Estimated Rates Payable 2025/2026: £8,607.75 per annum (This information is given for guidance purposes only and prospective occupiers are advised to make their own enquiries with the VOA)
EPC
As the property has a Grade II listed status the property is exempt from needing and EPC rating.
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. All party's are advised to carry out their own measurements.
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 offices, shop, cafe, restaurant, clinics, health centre, day nurseries. It is noted that the property is Grade II listed and located with the Old Market Square Conservation Area. (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