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Retail property (high street)

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Retail property (high street)
0 bedroom
1 bathroom

Letting details

  • Available now
  • Long term let

Property features

  • Prime retail unit of 59.4 sq. m (639 sq. ft)
  • Situated on pedestrianised section of Beeston High Road
  • Offered to let on new lease
  • Rent is £12,000 per annum payable monthly in advance
  • Nearby occupiers include Iceland and Santander
  • Convenient access for parking facilities at Sainsburys, Derby Street and City Road
  • Small businesses should pay zero business rates
  • EPC Rating C : 75

Property description

A single retail unit of 639 sq ft (59.4 sq.m), split over ground and first floor, available to let situated on the pedestrianised High Road in the heart of Beeston town centre.

There is a ground floor store, separate WC and access out to the rear yard and first floor staff room and office.

The property is available to let by way of a new lease on FRI terms.

The unit has A1 planning use; alternative uses may be considered subject to planning being granted. Interested parties are invited to discuss their proposals with the managing agents for the property, CP Walker & Son.

Location
Beeston is a busy suburban centre situated 4 miles to the west of Nottingham City Centre. The town has a population of 37,000 with significant retail catchment. 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 centre of Beeston in the prime shopping area close to the junction of High Road and Stoney Street. Sainsburys is situated on Stoney Street providing one of the anchor retail tenants and 3 hour free parking facilities.

The Property
A retail unit situated on the pedestrianised section of the Beeston High Road. Nearby occupiers include Iceland, Santander and O2. The position is close to the junction with Stoney Street providing access to Sainsburys and the associated parking. Other nearby car parks include Derby Street and City Road.

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

Sales area 7.5m (24'7) x 4m (13'1) max
A ground floor sales area leading to a rear office / stores area, the WC, access the rear yard area and to the first floor accommodation.

Rear Office / Store 3m (9'10) x 2.3m (7'7)
To the rear of retail area is an office / storage room. Access to rear corridor to WC, rear yard and first floor.

WC
With WC unit and wash hand basin.

First Floor Front Room 4.1m (13'5) x 3.8m (12'7)
First floor office or stock room.

First Floor Rear Room 3.4m (11'1) x 3.1m (10'4)
Staff room with sink and tea point.

Floor Areas
Front sales area: 25.6 sq. m (276 sq. ft)
Rear office / store: 6.9 sq. m (75 sq. ft)
FF Front office: 15.7 sq. m (169 sq. ft)
FF Rear staff: 11.2 sq. m (120 sq. ft)
Total: 59.4 sq. m (639 sq. ft)

Quoting Terms
The property is offered to let on a new lease on effective full repairing and insuring terms. The rent is £12,000 per annum exclusive payable monthly in advance. The property is currently exempt from VAT. In addition to the rent, Rates and Buildings Insurance are payable in addition to the usual outgoings.

Rates and Buildings Insurance
The rates payable for 2019/2020 are £4,566.30 approx (based on a Rateable Value of £9,300.00) before any small business rate relief.

If this is the only property that you occupy then it is likely you will qualify for small business rates relief which will reduce the amount of rates payable to zero.

The tenant is also liable to pay a fair proportion of the buildings insurance premium attributable to the property, estimated at £400 per annum.

Outgoings
There will be a service charge levied in respect of the electricity and water charges at the property. The electrics will be sub-metered.

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. 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.

Further Information and Viewings
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.

EPC Rating
The EPC Rating is C : 75

Town Plan
Shows position of the unit within the town.
    CP

    CP Walker & Son - Nottingham

    107 High Road Beeston, Nottingham NG9 2JU

    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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