Shop No Longer Listed Flatts Lane, Calverton, Nottingham, Nottinghamshire

Calverton is a large village on the outskirts of Nottinghamshire. It is 8 miles North East of Nottingham and 11 miles South of Mansfield, the A60 is close by with direct access to both Mansfield and Nottingham. The property is within 10 miles of Junction 26 of M1.

The property for sale is situated on Flatts Lane, a popular retail parade, in Calverton located opposite Colonel Frank Seely Academy and Calverton Leisure Centre. Other occupiers on the parade include Co-op Food, along with an excellent range of independent neighbourhood shops and services.

There is ample on-street parking in the immediate facility available on a first come first serve basis.

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DRAFT DETAILS Self contained shop for sale. Former hot food takeaway on a reversionary freehold, vacant with ERV of £15,000 p.a.
Popular retail parade with forecourt parking and rear yard.

No. 5 & 9 Flatts Lane have 2x one bed apartments above. Both of which are currently tenanted. The property can be available for sale as a whole.

The shop has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.

We believe No 9 was last used as a hot food takeaway (Sui Generis) of the Town and Country Planning (Use Classes) Order 1987 (as amended). All parties should confirm the planning position with the relevant Local Authority.

We understand all mains services with the exception of gas are connected. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.

The property is currently listed as a shop and premises on VOA.gov.uk.

Please check the valuation office website for any rates incentives. Subject to status tenants may qualify for 100% rates relief.

Rateable Value: £4,850

Freehold

Shop for sale freehold with vacant possession.

Alternatively, 5, 5a, 5b & 9 Flatts Lane are available for sale at £395,000. Ground floor shop currently vacant with ERV of £25,000 per annum. First floor apartments have been sold by way of a 99 year leasehold from November 2004 with 79 years remaining. Ground rent is £1 per annum, with tenants contributing towards the repairs maintenance and up keep of the building structure and roof.

£185,000 for the Freehold. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

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Please contact us or visit the OMEETO website 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.