66 South Street, Ilkeston, DE7 5QJ
TO LET
Retail / Leisure Opportunity
OVERVIEW Change of use consent for A3 (Restaurant and Cafe) & A4 (Drinking Establishments) to the ground floor. Established night time leisure location. Prominent location. Approximately 100 meters from pedestrianised Market Place.
LOCATION
BUSINESS RATES
Ilkeston is a Derbyshire market town within the borough of Erewash close to both Derby (10 miles south west) and Nottingham (7 miles east). The town has good connectivity with the M1, Junction 25 situated 2 miles to the south east and the recently opened train station which has further improved links to the area.
The premises are currently listed as having the following Rateable Values;
The property is located on South Street which is a short walk from the pedestrianised Market Place which is the town's primary retail area. The immediate area around the subject property comprises a mixture of local and independent retailers together with several bars and cafes
66 South Street Shop and premises £8,000
SERVICE CHARGE There is no service charge payable on this property.
TENURE The ground floor is available on a leasehold basis by way of an effectively full repair and insuring lease for a negotiable period.
DESCRIPTION
PRICE
The property comprises a two storey building of traditional masonry construction with the ground floor previously utilised as a confectioners (A1 Retail Use) and benefits from a display window frontage with an external canopy.
Rent available upon application.
The retail area is open plan rising toward the rear of the property where there is a substantial storage area and rear loading via a shared access from Albert Street albeit this is slightly limited.
VAT It is our understanding that VAT is payable with this transaction. All figures quoted are exclusive of VAT. Interested parties must satisfy themselves as to the VAT position if necessary by taking the appropriate professional advice.
LEGAL COSTS
As part of the consented planning permission the ground floor has approval for use as a Restaurant/ Bar (A3/A4 Use Class) with the indicative scheme configured to provide a central bar area with adjacent kitchen and cellar stores with dining/drinking areas situated to the front and rear of the property.
Each party are to pay their own legal costs in connection with the transaction.
Given the properties town centre location there is no allocated parking although there are several pay and display car park within a short distance from the property.
CONTACT
ACCOMMODATION The accommodation has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th Edition). Ground Floor: 230.55 sq m / 2,482 sq ft Net Internal Area: 230.55 sq m / 2,482 sq ft
PLANNING In accordance with planning consent ERE/0617/0008 the property has permission to change the existing commercial building to create a ground floor public house/restaurant with three apartments above.
SERVICES It is understood that all mains services are either connected or available to the property interested parties are advised to contact the Local Billing Authority for further clarification.
VIEWING Strictly by appointment with the sole agent BB&J Commercial.
Chris Keogh 01332 292825
[email protected] LOCATION MAP
PROPERTY IMAGES
Note: Plans, maps and drawings are not to scale. Paper copying licence No. LIG1025 Date Updated: 20Nov2017
ENERGY PERFORMANCE RATING