£14,000 pa

Retail premises to let

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Just added

£14,000 pa

(£12.23/sq. ft. pa)

Retail premises to let

Upper Parliament Street, Nottingham NG1

1,145 sq. ft

Local area information

Property location

Nearby amenities

  • Sutherland House School (SEN) 0.3 miles
  • Stone Soup Academy 0.4 miles
  • Nottingham 0.6 miles
  • Netherfield 2.9 miles

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

Read our area guide for Nottingham to find out more about the local area.

Features and description

Location

The premises are located within Nottingham City Centre close to the busy Clumber Street/Victoria Centre light controlled pedestrian crossing. The premises are above Ocean Nails and adjacent to Cookie Shake and Popeyes Chicken. The premises are opposite Nationwide and Wendys.
Description

The premises comprise a ground floor self -contained entranceway to the right of Ocean Nail Bar. This provides access to a corridor and side door with stairs to first & second floor open plan former Clinic space with attic storage. Recently refurbished ready to receive tenants floor coverings. Videx buzzer system for first and second floor, CCTV system and UPVC double glazed windows.
Accommodation

Ground Floor entrance.
First Floor ; 45 sq m ( 480 sq ft)
Second Floor; 49 sq m ( 525 sq ft)
(Inc. WC and Kitchen)
Attic Store; 13 sq m ( 140 sq ft)
Net Internal Area ; 107 sq m (1,145 sq ft)

Additional low height attic storage 8 sq m (86 sq ft) and 5 sq m (54 sq ft)
Lease

A new internal repairing and insuring lease for a term of years to be agreed (plus service charge). Subject to three yearly upward only rent reviews.

Freehold of whole may be available, subject to lease on ground and basement floors. Price upon application.
Rental

£14,000 pax (£1,167 pcm)
Rating assessment

The voa have assessed the premises with a Rateable Value of £7,500 (2023) defined as Salon and Premises.

Interested parties should make their own enquiries. Qualifying occupiers should be able to obtain 100% Small Business Rate Relief given it is under the £12,000 threshold.
Buildings insurance

The landlords insure the buildings and reclaim from the tenants the premium for the upper floors annually in advance by way of additional rental.
Service charge

The landlords operate an as and when service charge in respect of the maintenance and upkeep of the communal areas and the roof and external parts of the building and recover the relevant proportion from the tenants.

Further details upon request.
Planning

We understand the last use was for a Clinic and with the changes to the Use Classes Order September 2020 Clinics under former D1 use and B1(a) Offices are now part of the E Classification.

Interested parties should contact Nottingham City Council Planning Department (telephone:

Neither the landlords nor New West Ltd offer any warranty in respect of the Planning (existing or proposed) or Building Regulations and interested parties must consult with the Local Planning Authority.
Commercial energy performance certificate

The premises are assessed as C74 and the EPC and Recommendations Report are available upon request.
Legal fees

Each party to bear their own legal costs incurred in the transaction.

However, there will be abortive legal fees undertaking required should the proposed tenants withdraw once solicitors instructed in the sum of £950 + VAT.
VAT

We understand that VAT is not applicable to the rental. However, the position regarding VAT is reserved at all times. VAT may be applicable in respect of the insurance rent and service charge.
Money laundering policy

In accordance with Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.
Nottingham bid

The premises are within the Nottingham Business Improvement District (bid) and the tenants are responsible for payment of any bid fee that may be applicable. We understand that only applies to properties with an rv of £35,000 plus.

Interested parties should make their own enquiries with Nottingham bid (telephone:

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - New West Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact New West Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Nottingham
  4. Nottingham City Centre
  5. Upper Parliament Street