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MapShop for sale
Outram Street, Sutton-In-Ashfield
Shop
594 sq ft / 55 sq m
Features and description
- Tenure: Freehold
For sale recently refurbished retail/office property with the benefit of a private car park to the side and rear occupying a prominent position on Outram Street.
Self contained ground floor shop which is let at a rental of £5,950 per annum.
Self-contained first floor office which is let at a rental of £1,950 per annum.
Total Floor Area 55.2 square metres (594 square feet)
Location - The subject property is situated on the north west side of Outram Street, close to the roundabout junction which leads from Outram Street to Priestsic Road, and to the Asda superstore and Asda filling station. Outram Street is a heavily trafficked road with on street parking, and includes a wide variety of traders including Wilkinsons, William Hill, several supermarkets, a Barista coffee shop, Walton’s plumbers merchants etc. Sutton in Ashfield serves a population of approximately 50,000 and provides a wide range of shops, schools, and retail parks, and has the advantage of regular bus services to Nottingham, Mansfield and Alfreton. Nottingham is some 16 miles, Mansfield 4 miles and Alfreton is approximately 8 miles distance. The town has good road access via the A38 to junction 28 of the M1 Motorway which is approximately 4 miles distance.
Description - The subject property comprises a mixed-use commercial property with a self-contained ground floor retail/office and a self-contained first floor office which are both currently let.
Both units share a private car park.
Accommodation - The accommodation consists of:
Ground Floor - The Ground Floor provides open plan retail sales/office, private office, kitchen and WC. This has recently been let for £5,950 per annum and on a 3 year Lease.
First Floor - The First Floor provides open plan office with a WC. Access is via a private entrance from Outram Street
First Floor Lease - First Floor is let for a term of six years from 13 June 2022. There is a tenant only break clause and open market rent review on 13 June 2025. Current rent is £1,950 per annum.
Outside - to the right hand side of the property there is an access which leads to a car park which is gated and extends to the rear of the unit.
Floor Area - Ground Floor 32.5 sq.m. (350 sq.ft.)
First Floor 22.7 sq.m. (244 sq.ft.)
Total Net Internal Area 55.2 sq.m. (594 sq.ft.)
Epc - The ground floor has an energy rating of D valid until January 2027 and the first floor has an energy rating of D valid until November 2031.
Local Authority - Ashfield District Council.
Rating Assessment - We understand that the ground floor has a rateable value of £3,600 with effect from 1 April 2023; and the first floor has a rateable value of £1,300 with effect from 1 April 2023.
Services - All mains services are connected to the property.
Viewing - Arranged with pleasure by the selling agent.
Self contained ground floor shop which is let at a rental of £5,950 per annum.
Self-contained first floor office which is let at a rental of £1,950 per annum.
Total Floor Area 55.2 square metres (594 square feet)
Location - The subject property is situated on the north west side of Outram Street, close to the roundabout junction which leads from Outram Street to Priestsic Road, and to the Asda superstore and Asda filling station. Outram Street is a heavily trafficked road with on street parking, and includes a wide variety of traders including Wilkinsons, William Hill, several supermarkets, a Barista coffee shop, Walton’s plumbers merchants etc. Sutton in Ashfield serves a population of approximately 50,000 and provides a wide range of shops, schools, and retail parks, and has the advantage of regular bus services to Nottingham, Mansfield and Alfreton. Nottingham is some 16 miles, Mansfield 4 miles and Alfreton is approximately 8 miles distance. The town has good road access via the A38 to junction 28 of the M1 Motorway which is approximately 4 miles distance.
Description - The subject property comprises a mixed-use commercial property with a self-contained ground floor retail/office and a self-contained first floor office which are both currently let.
Both units share a private car park.
Accommodation - The accommodation consists of:
Ground Floor - The Ground Floor provides open plan retail sales/office, private office, kitchen and WC. This has recently been let for £5,950 per annum and on a 3 year Lease.
First Floor - The First Floor provides open plan office with a WC. Access is via a private entrance from Outram Street
First Floor Lease - First Floor is let for a term of six years from 13 June 2022. There is a tenant only break clause and open market rent review on 13 June 2025. Current rent is £1,950 per annum.
Outside - to the right hand side of the property there is an access which leads to a car park which is gated and extends to the rear of the unit.
Floor Area - Ground Floor 32.5 sq.m. (350 sq.ft.)
First Floor 22.7 sq.m. (244 sq.ft.)
Total Net Internal Area 55.2 sq.m. (594 sq.ft.)
Epc - The ground floor has an energy rating of D valid until January 2027 and the first floor has an energy rating of D valid until November 2031.
Local Authority - Ashfield District Council.
Rating Assessment - We understand that the ground floor has a rateable value of £3,600 with effect from 1 April 2023; and the first floor has a rateable value of £1,300 with effect from 1 April 2023.
Services - All mains services are connected to the property.
Viewing - Arranged with pleasure by the selling agent.
Property information from this agent
About this agent
Our firm has been in business since 1932, making us Ashfield's oldest estate agents. Over the years, we have built a reputation as a trustworthy and reliable property advice and services source. We offer various services related to buying, selling, renting, and providing property advice. The firm was acquired by NJB Carnall FRICS in 1980, and THM Smith FRICS joined as a partner in 1995. WA Barnes LLP also works in association with Littlewood & Company of 7 Russell Place, Nottingham NG1 5HJ. We are proud to be one of the few Professionally Qualified Estate Agents firms in the North Nottinghamshire area. Our team of RICS Registered Valuers ensures that all the properties we sell are valued and marketed to the highest industry standards. As members of the Royal Institution of Chartered Surveyors, we assure our clients that our services meet the highest professional standards. We understand that buying or selling a property can be stressful and complex. That's why we always approach our clients with a friendly and customer-focused attitude. We believe in providing cost-effective solutions that meet our client's needs and requirements. We take pride in our reputation for fair dealing and transparency at W A Barnes LLP. We always strive to be our clients' first "port of call" for all their property needs. The practice specialises in residential, commercial & industrial , and agricultural properties: Sales, lettings and property management Building society, house buyer and private surveys Agricultural management Lease renewals, rent reviews, rating and planning appeals Act as independent experts on boundary disputes and other legal disputes Compulsory purchase, acquisitions and coal mining subsidence claims Land and property auctions Whether you are a buyer, seller, landlord, or tenant, we are here to help you with all your property-related needs. Our sales are arranged through both Private Treaty and Public Auctions, ensuring that our clients have access to the best possible options for their properties.