High Street Retail Property to Rent, 43 West Gate, , NG18 1RX - CBRE Commercial

Overview

LEASEHOLD AVAILABLE

The premises are arranged over ground floor comprising a main sales area, customer toilets, staff accommodation and large storage areas. Tenure The premises are available by way of an assignment of the existing lease expiring 27/01/2037, with the option to break on 27/01/2022 and every five years thereafter. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £15,000, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £20,500.00 and the rates payable are £10,229.50 pa. The UBR for 2019/2020 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Mansfield is a town in the county of Nottinghamshire situated approximately 12 miles north of Nottingham and 30 miles south of Sheffield. The principle retail destination within the town is based on West Gate and Stockwell Gate, where the Four Seasons Shopping Centre is situated. The subject unit occupies a prominent position on Old Market Square with a return frontage onto West Gate. National occupiers in the vicinity include Costa, New Look and Marks & Spencer.

Sizes and Measurements

Total Size

960sqft

Sales Area

960sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

960sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

27/01/2037

Next Lease Break

27/01/2022

Lease type

Assignment

For rent

£15,000/pa

UBR

49.9p

Rateable Value

£20,500.00

Business Rates

£10,229.50/pa

Specification

  • Leasehold

Floorplan

MANSFIELD

Photos

IMG_0985

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