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LOCATION
The property occupies a prominent location on Nun Street, directly opposite one of the main entrances into the famous Grainger Market. Nun Street provides access between Grainger Street and Clayton Street, with McDonald's being situated to one end, closest to the property and Burger King to the other. In addition, the property is in close proximity to The Gate leisure complex which consists of multiple restaurants, bars and a Cineworld cinema. The site benefits from being located near Eldon Square Shopping Centre accessed via Clayton Street, which boasts a weekly footfall of approximately 689,000 people as well as The Grainger Market and the McAleer & Rushe mixed use development including 575 student rooms and a 265-bedroom Maldron Hotel. On street parking is available on Nun Street, with further parking at The Gate, Eldon Square and Eldon Gardens. There are excellent public transport links with the Monument Metro Station and bus services being located close by.

DESCRIPTION
The property is a Grade II Listed mid-terraced unit with a stone-built façade. The property has single glazed aluminium framed windows, and recessed pedestrian access. Internally, the property is arranged over basement and ground floor levels, which can both be used for sales, staff areas or storage with full ceiling heights. The unit is presented in a shell condition to allow for a range of uses for a tenant fit out. Please note that there is no extraction system currently fitted, hot food uses will need to investigate the viability of installation.

ACCOMMODATION
We have measured the property as providing the following net internal floor areas:

Ground Floor

Sales
94.64 sq m (1019 sq ft)

Basement

Storage
7.10 sq m (76 sq ft)

TOTAL
101.74 sq m(1095 sq ft)

LEASE TERMS
The accommodation is available to let on a fully repairing and insuring basis for a term of years to be agreed.

RENT
The accommodation is available to let at a rent of £21,000 per annum, exclusive of business rates and payable quarterly in advance.

VAT
The property is not registered for VAT therefore VAT is not payable on the rent.

RATEABLE VALUE
The property is entered into the 2023 Rating List with a rateable value of £18,250. Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable

LEGAL COSTS
Each party are to bear their own legal costs in connection with the preparation and execution of the lease.