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Floor plan

Retail property (high street)

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

Letting details

  • Available now
  • Long term let

Features and description

  • Retail Unit To Let: 71.9 sq. m (774 sq. ft)
  • Situated in prime location on Beeston High Road
  • Offered to let on a new lease at £17,500 pa exclusive
  • Interested parties are invited to discuss their proposed use with the letting agent, CP Walker & Son
  • High profile location, good footfall between Tesco and The Square
  • Parking available so the rear within the Tesco development
  • Use Class E allows wide range of uses
  • EPC Rating is E:121
Available for immediate occupation, a lock up retail unit of 71.9 sq. m (774 sq. ft) situated over two floors situated in a prime location within Beeston toe centre.

The unit has a ground floor of 40.1 sq. m (432 sq. ft) with open sales area and kitchen to the rear. Stair lead up the floor providing an additional 31.8 sq. m (342 sq. ft) with open office, two cellular offices and male and female toilets.

The property is available to let by way of a new lease on full repairing and insuring terms.

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 prime part of Beeston town centre close to the The Square shopping precinct and Tesco supermarket on the pedestrianised 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.

Floor Areas
Ground floor retail: 34.9 sq. m (376 sq. ft)
Rear kitchen: 5.2 sq. m (56 sq. ft)
Ground floor subtotal: 40.1 sq. m (432 sq. ft)

Front office 1: 8.8 sq. m (95 sq. ft)
Front office 2: 9.0 sq. m (97 sq. ft)
Rear open plan office: 13.9 sq. m (150 sq. ft)
First floor subtotal: 31.8 sq. m (342 sq. ft)

Total: 71.9 sq. m (774 sq. ft)

Ground Floor Retail 8.6m (28'3) x 4.19m (13'9)
Open plan style retail area

Kitchen 2.74m (9') x 1.89m (6'2)
Rear ground floor kitchenette

First Floor Office 1 4.26m (14') x 2.07m (6'9)
Front office split in to two cellular offices - Office 1

First Floor Office 2
Front office split in to two cellular offices - Office 2

First floor Main Office 4.13m (13'7) x 3.37m (11'1)
Open plan rear office area

WCs
Two first floor WCs with wash hand basins

Use
The property was previously used as an Estate Agency falling within the old A2 use class, now 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 £17,500 per annum exclusive. The initial term of the tenancy will be a minimum of 3 years.

Rates and Buildings Insurance
The Rates Payable for 20/21 are estimated at £7,111 (The Rateable Value figure is £14,250)

For businesses that qualify for the small business rates relief, there will be a discount reducing the amount payable to £5,334 approximately.

There are temporary reliefs available for businesses in the retail, hospitality and leisure sectors who do not have to pay business rates for the 2020 to 2021 tax year.

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.

Upon approval of references and agreement of lease terms, the incoming tenant will pay a fee of £250 plus VAT as a contribution towards the costs of drawing up the tenancy agreement.

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 E:121. 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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