This property is no longer on the market
Retail property (high street)
Property description & features
- Fitted sandwich bar of 512 sq. ft (47.6 sq. m)
- Situated in the heart of Beeston Town Centre
- Available by way of an assignment
- The EPC Rating is TBC
The units provides an open sales area to the front with fitted kitchen at the rear. Across the courtyard to the rear is a WC and small storage area
The lease is offered by way of an assignment of a lease with approx 8 years to run (expires on 14 May 2030) at a rent of £9,600 per annum exclusive plus VAT (£11,520 gross pa) .
Location
Beeston is a busy suburban centre situated 4 miles to the west of Nottingham City Centre. There are a number of large employers including Boots, Queens Medical Centre and Nottingham University.
The town enjoys a good strategic position between Nottingham and Derby City Centres with access to the M1 Motorway at Junction 25 via the A52 truck road.
The property is situated in the centre of Beeston with direct access off the pedestrianised High Road. Beeston offers a good range of shopping facilities to compliment an employment location including both long and short stay free car parking.
There are also excellent public transport facilities including a mainline rail link.
The Property
The property is situated on the main shopping thoroughfare in Beeston town centre. The unit provides as open area to the front used as a service and seating area with a kitchen to the rear. There is a WC and store across the yard to the rear.
Floor areas
Front area: 343 sq. ft (31.9 sq. m)
Kitchen: 129 sq. ft (12.0 sq. m)
External Store: 40 sq. ft (3.7 sq. m)
Total 512 sq. ft (47.6 sq. m)
Terms
The accommodation is available by way of an assignment of a lease that runs to 14 May 2030 (approx 8 years unexpired). The lease is on effective full repairing terms at a rent of £9,600 per annum plus VAT payable monthly in advance on the 1st day of each month.
The tenant has to pay a fair proportion of the buildings insurance premium (approx £300 plus VAT, £360 gross) and there is a service charge payable of £344.52 plus VAT per year (£413.42 gross).
The incoming will provide a guarantor and a rent deposit of £2,500 plus VAT (£3,000 gross).
A premium of £5000 is required for the lease to include the trade fixtures and fittings.
Rates
The Rateable Value is £7,800. The normal business rates payable for the property for the 2022/23 year is £3,893 approx. However, for businesses that qualify for the small business rates relief scheme, the amount payable will be reduced to £0 (i.e. no rates to pay at all).
Insurance
The Landlord insures the property and reclaims a fair proportion of the cost from the tenant (estimated at £360 pa). The Tenant will be responsible for arranging their own insurance in relation to their business and contents.
Viewing
Viewing is by prior arrangement. Please contact Julie Sumner on Direct Line:[use Contact Agent Button] or by Email [use Contact Agent Button]
Letting Procedure
Interested parties are asked to complete a Commercial Tenancy Application Form.
We will then take references and obtain the Landlord's approval to proceed with the letting.
The incoming tenant will be responsible for the Landlord's reasonable legal fees associated with the assignment.
EPC Rating
The EPC Rating is TBC
Places of interest
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