High Street Retail Property to Rent, 5 Westgate, , NG25 0NJ - CBRE Commercial

Overview

TO LET

The available space comprises basement and ground floor providing the following net approximate areas: Rent A passing rent of £8,000 per annum exclusive Terms The premises are available by way of an assignment of the existing lease expiring 22 February 2022. Alternatively, the premises are available by way of a sub-lease on terms to be negotiated. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £8,700.00 and the rates payable are £4,176.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The property is situated within the affluent town of Southwell, which lies approximately 14 miles north east of Nottingham City Centre. Southwell has a population of circa 7,500, but is also a popular tourist location. The property is located on Westgate a short distance to the south of the prime retail pitch of King Street. Nearby occupiers include Lloyds Pharmacy and Boots.

Sizes and Measurements

Total Size

891sqft

Sales Area

548sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

548sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

343sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

22/02/2022

Lease type

Assignment

For rent

£8,000/pa

UBR

48p

Rateable Value

£8,700.00

Business Rates

£4,176/pa

Specification

  • LEASEHOLD AVAILABLE
  • A1, A2, A3 or B1 USE SUBJECT

Floorplan

PROMAP IMAGE

Photos

6

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