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Retail property (high street)

Retail property (high street)
Added > 14 days

Letting details

  • Available now
  • Long term let

Features and description

  • Prominent retail unit available for a variety of uses
  • Large Residential Catchment Area
  • Potential For A Variety Of Uses
  • EPC Rating E: 112
BACK ON THE MARKET FOLLOWING ABORTIVE DISCSSIONS: AVAILABLE TO LET ON NEW LEASE: A retail shop of 47.5 sq. m (512 sq ft) approx. with prominent frontage to a busy section of Chilwell Road in an area of Beeston providing affordable shop premises. Established in the area are a wide variety of independent retailers including gift shops, galleries, hair salons, convenience stores and a number of cafes bars, and delicatessens.

commercial-property, Beeston is a busy suburban centre situated 4 miles to the west of Nottingham City Centre. The Greater Nottingham Shopping Survey identified Beeston as the largest centre for the sale of comparison goods outside Nottingham City Centre and the most significant centre for main food trips in South Nottinghamshire. The Survey concluded that the success of the town centre was based on an attractive pedestrianised shopping environment and the abundance of parking facilities.

The Property
The property is situated with a frontage to Chilwell Road in an area of local and independent retailers, cafes, gift shops and galleries etc. close to Beeston town centre. The location is well served with local transport connections and on street parking is available next to the premises. The property provides sales areas with an office/ kitchen area to the rear. EPC Rating E:112.

Floor Areas
Front Sales Area: 418 sq ft 38.8 sq m
Rear Area and Kitchen: 94 sq ft 8.7 sq m
Total: 512 sq ft 47.5 sq m

Property Use
Interested parties are invited to discuss their proposed use with Letting Agents CP Walker & Son. We understand that the current permitted use falls within Class E of the Use Classes Order. There was an historic consent granted for the property in 2017 for use as a Café with associated extraction equipment. This permission has expired but would establish the principle for a new application for extraction equipment is so required.

Terms
The accommodation is available by way of new lease of effective internal repairing and insuring terms for an initial period of 3 years. The rent is £700 payable monthly in advance, reviewed on a 3 yearly basis. The deposit will be subject to financial status but typically equivalent to 3 months' rent.

Rates and Insurance
Assuming small business rate relief applies, the Rates payable for 2023-2024 are £nil (the Rateable Value is £2850). For full details refer to Broxtowe Borough Council. The tenant is also liable to pay a proportion of the buildings insurance premium, the approximate share of the premium for the current year is £250.

Viewing
Viewing is by prior arrangement. Please contact Julie Sumner on D/L[use Contact Agent Button] or by email [use Contact Agent Button]

Letting Procedure
Interested parties will need to complete a Commercial Property Application Form obtained from our office.

References will be taken. New businesses will need to provide a business plan for the proposed venture. Upon approval of references and agreement of lease terms, the incoming tenant will pay a fee of £300 plus VAT as a contribution towards the costs of drawing up the tenancy agreement.
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About this agent

CP Walker & Son - Nottingham
CP Walker & Son - Nottingham
107 High Road Beeston, Nottingham NG9 2JU
0115 691 9514
Full profileProperty listings
The Company was founded back in 1896 by Charles Potter Walker, principally to manage properties that had recently been constructed by members of his family. The Company diversified into insurance soon afterwards, originally collecting premiums from shopkeepers along Beeston High Road and from the traders at Nottingham's Wholesale Fruit and Vegetable Market. Over the years, CP Walker & Son has continued to evolve and expand into new markets. This has resulted in the firm's particularly diverse client base. We pride ourselves in offering the same high quality service and advice to all our clients irrespective of whether they be a large international company, a national or local business, or an individual. This is coupled by a willingness to adopt a flexible approach to respond to the real needs of our clients, ensuring that we maintain an individual service to build an ongoing relationship.
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