toletonanewanewanewle aseleaselease 126 abbey street ... - Loveitts

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TO LET ON A NEW LEASE 126 ABBEY STREET NUNEATON CV11 CV11 5BZ 5BZ

• Comprising Extended Retail Shop Premises • Forming Part Of The Pedestrianised Town Centre Being Close To The Market Place And Rope Walk Shopping Complex • Sales Area Up To 232.25 m² (2,500 (2,500 ft²) Approx. • Additional Storage Accommodation On Two Upper Floors • Rear Car Park Park Attached

126 Abbey Street, Nuneaton, CV11 5BZ

LOCATION The subject property is located in a prominent trading position fronting directly on to pedestrianised Abbey Street almost directly facing Stratford Street and close to the commercial heart of the Nuneaton, a short distance from the Market Place and the town’s Rope Walk Shopping Complex.

between the lower front sales area and higher rear sales area. Inner Lobby Area With staircase access accommodation.

to

first

floor

Kitchenette Kitchenette/Ladies ette/Ladies W.C. On the First Floor: Floor:-

Coventry Building Society, Halifax, Bodycare, Specsavers, Ladbrokes, William Hill and Coral Bookmakers, etc, are all close by. In addition there are a number of pay and display public car parks within easy reach as well as the property’s own private car park which is accessed from the rear directly off the town’s inner ring road via a service road serving the nearby Abbey Gate Shopping Centre. The premises are also well located for all other town centre amenities (including bus and railway stations).

Storage 77.85 M² (838 Ft²) Comprising eight store rooms/offices and kitchenette area Gents W.C. On the Second Floor:Floor:Storage 79.52 M² (856 Ft²) Comprising two store rooms/offices.

TOTAL NET INTERNAL AREA 389.62 M² (4,194 Ft²)

DESCRIPTION The property comprises extended town centre commercial premises arranged over three floors consisting of a spacious retail sales area which has the benefit of a suspended ceiling throughout with inset lighting incorporated.

LEASE TERMS The property is available on flexible terms by way of a new full repairing and insuring lease for a term of years to be agreed. Rent on application.

The premises are understood to have an existing use for Class A1 (Shops) purposes, but are considered suitable for a variety of other uses (including Class A2 (Financial & Professional Concerns), Class A3 (Restaurants & Cafes), etc), subject to obtaining any necessary consents.

LEGAL COSTS

Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use.

All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable.

ACCOMMODATION All measurements are approximate and on a Net Internal Area (NIA) basis. On the Ground Floor:Floor:Sales Area Up to 232.25 M² (2 (2500 Ft²) With modern suspended ceiling incorporating inset lighting and with steps

Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT

LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON Warwickshire CV11 5AA Tel: 024 7637 6376

126 Abbey Street, Nuneaton, CV11 5BZ

BUSINESS RATES We understand from the Valuation Office Agency website that the current Business Rates assessment is:Rateable Value: £29,250 Please note that this is not the Rates Payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of Rates Payable. We also understand that the 2017 draft Rateable Value for the property is £23,000. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. JRP/SRE)

Subject property for identification purposes only

126 Abbey Street, Nuneaton, CV11 5BZ

Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)

The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.

ii)

All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.

iii)

No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.

iv)

All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.