£75,000 pa

Retail premises to let

  1. Property photo 1 of 1.

£75,000 pa

(£3.50/sq. ft. pa)

Retail premises to let

Southchurch Drive, Nottingham NG11

27,177 sq. ft

Local area information

Property location

Nearby amenities

  • The Milford Academy 0.3 miles
  • The Glapton Academy 0.3 miles
  • Beeston 1.7 miles
  • Attenborough 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Location

Situated on a busy parade in the centre of Clifton a large suburb to the South of Nottingham. Other occupiers include Iceland, Boots, Savers, Greggs and Morrisons. The Health Centre is also directly opposite. Aldi and B&M are a short distance away. The Tram line runs into Nottingham with tram stops outside the unit.

Description

The subject premises area arranged over ground, first, second and third floors with the approximate net internal floor area:-

Ground Floor 11,968 sq ft (1,111.86 sq m)
First Floor 12,686 sq ft (1,178.57 sq m)
Second Floor 2,170 sq ft (201.60 sq m)
Third Floor 353 sq ft (32.80 sq m)

Tenure

The premises is held on a Long leasehold basis on a 150 year lease from 15/8/2001. The Council own the freehold. There is a ground rent payable of £500 pa. Part of the ground floor ( 995 sq ft) is occupied by Bestway National Chemists Limited (marked blue on the goad) on a 15 year lease expiring on 5/9/2027 at £12000 pax ( erv £18,000 pax). This would be sold as part of any interest in the llh.

Rental

£75,000 pax

Rates

Rateable Value

Rateable Value: £61,000 pax
Rates Payable: £29,280 pax

Interested parties are advised to verify these figures with the Local Authority.

Legal Costs

Each party is to bear their own legal costs in respect of all legal documentation produced in this transaction.

More information

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  1. Zoopla
  2. Commercial to let
  3. Nottingham
  4. Clifton
  5. Southchurch Drive