Where is the Semi-Detached Shop located?
The shop to let is in Whitemoor, a suburb 2.4 miles north east of Nottingham City Centre. The property fronts the busy A610 Nuthall Road; a main commuter link between Nottingham's ring road and J26 of the M1 Motorway which lies just 2 miles to the west.
The shop occupies an end of terrace position within an established local parade, close to a Halfords, Spa and number of local retailers serving a densely populated residential area.
A bus stop and street parking are located at the front of the shop.
Well-appointed, semi-detached shop close to Halfords and Spa. Fitted with a suspended ceiling and LED lights. The shop provides a regular-shaped trading area with a kitchen and WCs located at the rear of the shop.
How has the accommodation been measured?
The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.
The premises occupies a high street location and is imminently suitable for a broad range of uses STP. The most recent amendment to the The Town and Country Planning (Use Classes) (Amendment) (England) Order 2015, has now classed betting shops as Sui Generis (a use that does not fall within any use class).
It is to our understanding that all mains services with the exception of gas are connected to the property.
What is the Ratable Value?
The property is currently listed as a betting shop and premises on VOA.gov.uk. Under the latest Government relief, qualifying retail and hospitality businesses impacted by Covid-19 will receive a rates relief discount of 66% to 31/3/22 and 50% to 31/2/23. This information is for guidance only and all parties should satisfy themselves with the local billing authority. Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.
How is the accommodation offered?
Prominently located shop to let by way of a new sublease to expire in February 2027. Interested parties are invited to discuss their specific leasing requirements. Subject to individual covenant and terms an assignment, tenancy at will or surrender and re grant may be possible. Where superior Landlords consent is required, a 50% contribution to superior Landlord costs is requested.
Rent: £10,000 per annum. Please check the VAT status.
All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.
What are the viewing arrangements?
Please check our website for 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.