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Retail property (high street)

Let agreed
Retail property (high street)
Added > 14 days

Letting details

  • Let agreed
  • Long term let

Features and description

  • Retail Unit To Let: 83.6 sq. m (900 sq. ft)
  • Situated on the Beeston High Road
  • Offered to let on a new lease at £20,000 pa exclusive PLUS VAT
  • Interested parties are invited to discuss their proposed use with the letting agent, CP Walker & Son
  • Modern unit in central location close to Derby St and City Rd car parks
  • Service yard to the rear
  • Use Class E allows wide range of uses
  • EPC Rating is B:49
Available for immediate occupation, a lock up retail unit of 83.6 sq. m (900 sq. ft) situated on the main High Road in Beeston town centre close to the Derby Street and City Road car parks.

The unit has an open retail area that is currently subdivided to provide meeting rooms but internal partitions can be removed to suit occupier requirements. There is a WC and kitchenette to the rear and a door to the rear service yard.

The property is available to let by way of a new lease on effective full repairing and insuring terms. NB VAT is payable on the rent and other sums due. If your business is not VAT registered this is an additional cost that you will need to bear.

Location
Beeston is a busy suburban centre situated 4 miles to the west of Nottingham City Centre. The town has a wide catchment with good mix of demographics. The town is situated close to the University of Nottingham and there is a sizeable population of postgraduate and overseas students in addition to the local resident population.

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 is situated in the heart of Beeston town centre close to Derby Street and at the University end of the High Road. There are free public parking facilities at Tesco and Sainsburys nearby as well as the Council car parks at either end of the High Road.

Floor Plan
The floor plan shows the general arrangement of the property.

Ground Floor Retail 15.5m (50'10) x 5.5m (18'1)
Open plan style retail area that has been divided with lightweight partitions. Area can be re-arranged to suit occupier requirements.

Kitchen 2.46m (8'1) x 1.1m (3'7)
Rear kitchenette area

WC
Rear WC with wash hand basin

Use
The property's use falls within the E Use Class that permits retail, restaurant, office, financial/professional services, indoor sports, medical and nursery uses along with "any other services which it is appropriate to provide in a commercial, business or service locality." Interested parties are invited to discuss their proposed use with letting agents, CP Walker & Son.

Terms
The property is vacant and available to let immediately. The shop is offered to rent on full repairing and insuring terms at a rent of £20,000 per annum exclusive PLUS VAT. The initial term of the tenancy will be a minimum of 3 years.

Rates and Buildings Insurance
The Rates Payable for 24/25 are estimated at £6,986 (The Rateable Value figure is £14,000). If your business qualifies for small business rates relief, this figure is reduced to £4,657 approx. The tenant is liable to pay a fair proportion of the buildings insurance premium attributable to the property, estimated at £TBC. Note the level of premium will vary according to your proposed use of the property.

Application Process
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.

Viewing
For more information or to view the property, contact Julie Sumner in our Commercial Property Department on Direct Line:[use Contact Agent Button] or by email [use Contact Agent Button] Viewing is by prior arrangement - contact us to arrange an appointment.

EPC Rating
The EPC Rating is B:49. A copy of the EPC Certificate is available on request.
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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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