toletonanewanewanewle aseleaselease 127 abbey street ... - Realla
TO LET ON A NEW LEASE 127 ABBEY STREET NUNEATON CV11 5BZ
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Prominently Situated Retail Premises Arranged On Two Floors
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Located In The Commercial Pedestrianised Heart Of Nuneaton
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Ground Floor Sales Area Approximately 67.69 67.69 m² (729 ft²)
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Total Net Internal Area About 154 154.64 m² (1,665 ft²)
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Rental: £12,750 £12,750 Per Annum
LOCATION
Lobby
The premises are located in the commercial pedestrianised heart of Nuneaton, which is the largest town in the borough of Nuneaton and Bedworth with a population of 71,000 (Census 2001) and a catchment extending to around 120,000.
Store/Former Store/Former WC
The property is situated amongst a number of predominantly national concerns (Halifax, Bodycare, Specsavers, Poundland, Coral Bookmakers, etc) and close to the Abbeygate Shopping Centre entrance. The premises are also well located for all other town centre amenities (including bus and railway stations) and public car parking facilities. Nuneaton is approximately nine miles north of the City of Coventry and twenty miles east of Birmingham. DESCRIPTION These two storey premises are constructed principally of brick set beneath a flat roof with a parapet wall. The accommodation is arranged as retail on the ground floor with office/storage/possible further sales area (subject to obtaining any necessary consents) on the first. The ground floor sales area benefits from a suspended ceiling with inset category II lighting and there is also an electric roller shutter door. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use.
Stairs from Retail Sales Area to: First Floor Office/Storage/ Possible Retail Store
84.43m² 84.43m² (9 (909ft²) 09ft²) 1.01m² 01m² (11 (11ft²) 11ft²)
WC TOTAL NET INTERNAL AREA 154. 54.64 M² (1,665 (1,665 Ft²) SERVICES All mains services are understood to be installed to the property, subject to connection charges by the utility companies. A gas fired central heating system is also installed. No tests have been applied. LEASE The premises are available on a new tenant’s full repairing and insuring lease for a term of six years, subject to an upward only rent review at the end of the third year. INITIAL RENT The commencing rental will be £12,750 per annum exclusive. LEGAL COSTS
ACCOMMODATION All measurements are approximate and on a net internal area (NIA) basis. The premises are currently arranged as follows:Ground Floor Retail Sales Area Internal Width (front): Internal Width (rear): Shop Depth (max.): NET SALES AREA: REA:
1.51m² 51m² (16 (16ft²) 16ft²)
4.14m (13’7”) 2.47m (8’1”) 9.47m (63’11”) 67. 67.69m² 69m² (729 (729ft²) 729ft²)
Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON CV11 5AA
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.
Tel: 024 7637 6376 BUSINESS RATES We understand from the Valuation Office Agency website that the Business Rates assessment is:Rateable Value: £16,000 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. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD)
Subject property for identification purposes only
•
Prominently Situated Retail Premises Arranged On Two Floors
•
Located In The Commercial Pedestrianised Heart Of Nuneaton
•
Ground Floor Sales Area Approximately 67.69 67.69 m² (729 ft²)
•
Total Net Internal Area About 154 154.64 m² (1,665 ft²)
•
Rental: £12,750 £12,750 Per Annum
LOCATION
Lobby
The premises are located in the commercial pedestrianised heart of Nuneaton, which is the largest town in the borough of Nuneaton and Bedworth with a population of 71,000 (Census 2001) and a catchment extending to around 120,000.
Store/Former Store/Former WC
The property is situated amongst a number of predominantly national concerns (Halifax, Bodycare, Specsavers, Poundland, Coral Bookmakers, etc) and close to the Abbeygate Shopping Centre entrance. The premises are also well located for all other town centre amenities (including bus and railway stations) and public car parking facilities. Nuneaton is approximately nine miles north of the City of Coventry and twenty miles east of Birmingham. DESCRIPTION These two storey premises are constructed principally of brick set beneath a flat roof with a parapet wall. The accommodation is arranged as retail on the ground floor with office/storage/possible further sales area (subject to obtaining any necessary consents) on the first. The ground floor sales area benefits from a suspended ceiling with inset category II lighting and there is also an electric roller shutter door. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use.
Stairs from Retail Sales Area to: First Floor Office/Storage/ Possible Retail Store
84.43m² 84.43m² (9 (909ft²) 09ft²) 1.01m² 01m² (11 (11ft²) 11ft²)
WC TOTAL NET INTERNAL AREA 154. 54.64 M² (1,665 (1,665 Ft²) SERVICES All mains services are understood to be installed to the property, subject to connection charges by the utility companies. A gas fired central heating system is also installed. No tests have been applied. LEASE The premises are available on a new tenant’s full repairing and insuring lease for a term of six years, subject to an upward only rent review at the end of the third year. INITIAL RENT The commencing rental will be £12,750 per annum exclusive. LEGAL COSTS
ACCOMMODATION All measurements are approximate and on a net internal area (NIA) basis. The premises are currently arranged as follows:Ground Floor Retail Sales Area Internal Width (front): Internal Width (rear): Shop Depth (max.): NET SALES AREA: REA:
1.51m² 51m² (16 (16ft²) 16ft²)
4.14m (13’7”) 2.47m (8’1”) 9.47m (63’11”) 67. 67.69m² 69m² (729 (729ft²) 729ft²)
Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON CV11 5AA
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.
Tel: 024 7637 6376 BUSINESS RATES We understand from the Valuation Office Agency website that the Business Rates assessment is:Rateable Value: £16,000 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. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD)
Subject property for identification purposes only
