The ground floor comprises of a main sales area, customer toilets and staff accommodation while the basement provide storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 11/05/2025, with an option to break on 11/05/2022. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £7,000, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £6,100 and the rates payable are £2,995.10 pa. The UBR for 2019/2020 is 49.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
Nottingham is an attractive historic city and generally regarded as the regional capital of the East Midlands. Birmingham is situated 52 miles to the south west, Leicester 28 miles to the south and Derby 15 miles to the west. Nottingham is well served by road communications with the M1 being approximately 5 miles from the city centre. The subject unit occupies a position on Manvers Street, located to the rear of Nottingham Motorpoint Arena. Occupiers in the vicinity include local traders.