Where is the Shop located?
Long Eaton is a market town in the Borough of Erewash, Derbyshire, between Nottingham and Derby.
The shop fronts the west side of Market Place, with Costa Coffee, Birds Bakery and Subway also trading on Market Place.
The shop's position places it alongside the planned return of the outdoor market to Market Place and the adjoining High Street and Tamworth Road regeneration scheme. This £10 million town-centre project forms part of the Government-funded Long Eaton Town Deal, with planned improvements including upgraded paving, seating, planting and pedestrian access. Public groundworks are scheduled to complete in March 2027.
What 3 Word location: sport.bonds.mirror
What does the Shop comprise?
DRAFT DETAILS New ground-floor shop in a prime position on the Market Place near Costa Coffee, Birds Bakery and Subway. Separation works, refurbishment and redecoration underway. White box handover (shell with single WC), ready in Q1 2027 for tenant fit-out.
The space is being formed from a former HSBC Bank , it will be a of a cellular layout as per the layout plan. includes Kitchen, WC, Storage and Safe room.
There is an abundance of parking locally to include the main Long Eaton Pay and Display immediately to the rear of the property.
How has the Shop been measured?
Net Internal Areas are approximated from the initial architect's sketch drawings and should be confirmed once the separation works have been completed.
What has the property been used for?
We understand the property has been used for Class E (Commercial, business and service) of the Town and Country Planning (Use Classes) Order 1987 (as amended).
All parties should confirm the planning position with the relevant Local Authority.
The building is Grade II listed. Historic England List Entry Number: 1334839.
Are there Utilities?
All mains services with the exception of gas are connected to the property. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.
What is the Rateable Value?
The property is currently listed as a bank and premises with a rateable value of £26,000. The building may need to be reassessed and the new shop given a separate rating assessment on completion of the works.
From 1 April 2026, qualifying occupied retail, hospitality and leisure premises benefit from lower business rates multipliers. For 2026/27, the multiplier is 38.2p for rateable values below £51,000. Interested parties should confirm the new shop’s assessment, eligibility, applicable supplements and any relief with Erewash Borough Council.
How is the property offered?
Leasehold
Shop to rent by way of a new lease for a minimum term of 3 years.
How much is the Rent, and is VAT payable on top?
Rent: £19,950 per annum. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.
Is Service Charge Payable?
Is payable for the running, maintenance and up keep of the building structure, common, shared and external areas.
Service charge budget: £0.30 per Sq Ft
What is the EPC rating?
What are the viewing arrangements?
Please contact us or visit www.omeeto.co.uk for full details and a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.