toletonanewleaseanewl easeanewlease 3 abbey green 3 abbey ...
TOLET ON A NEW LEASE 3 ABBEY GREEN NUNEATON CV11 5DR
• Extended Double Fronted Shop With First Floor Storage • Prominent Position At The Heart Of A Busy Busy Neighbourhood Shopping Area • Potential Ground Floor Sales Area Of About 92.61m² (997ft²) (997ft²) • Suitable For For A Variety Of Retail (Class A1 ) Uses • Rental: Rental: £12,000 Per Annum
3 Abbey Green, Nuneaton, CV11 5DR
LOCATION
SUMMARY OF FLOOR AREAS
The property is located at the heart of the busy Abbey Green neighbourhood shopping area on the north western side of Nuneaton within a quarter of a mile of the borough’s Inner Ring Road and the Town Centre itself. Parking is possible to the immediate street frontage. Nuneaton is the largest town in the Nuneaton and Bedworth Borough Council area, having a population of about 71,000 (2001 Census).
Ground Floor
M² 92.61
Ft² 997
First Floor
33.66
362
TOTAL NIA
126.27
1,359
SERVICES All main services are understood to be available, subject to connection charges by the utility companies. No tests have been applied.
DESCRIPTION The property comprises an extended double fronted shop with first floor storage accommodation considered suitable for a variety of retail (Class A1) uses. ACCOMMODATION
LEASE The unit is available to let on a new tenant’s full repairing and insuring lease for a term to be agreed, but a six year agreement is suggested, subject to an upward only rent review at the end of the third year.
All measurements are approximate and on a Net Internal Area (NIA) basis.
INITIAL RENT
Ground Floor
£12,000 per annum exclusive, paid quarterly in advance on the usual quarter days.
Front Sales Area 38.13 M² (410 Ft²) with staircase (to first floor) and double doors opening to: Rear Sales Areas
54.48 M² M² ( 586 Ft² Ft²)
Toilet with wash basin and w.c. and with fire exit doors to side and rear. POTENTIAL SALES AREA TOTALLING TOTALLING ABOUT 92. 92.61 M² (997 Ft²)
LEGAL COSTS 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
First Floor Front Store Room
18.22 M² M² (196 Ft² Ft²)
Rear Store Room
15.43 M² M² (166 Ft² Ft²)
Toilet with sink and w.c. TOTAL FIRST FLOOR AREA 33.66 M² (362 Ft²)
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
3 Abbey Green, Nuneaton, CV11 5DR Conditions under which particulars are issued:
LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON Warwickshire CV11 5AA Tel: 024 7637 6376
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.
RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value:
£8,500
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. Any queries regarding Business Rates Relief should also be directed to the Local Authority. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. SRE)
3 Abbey Green, Nuneaton, CV11 5DR
Subject property for identification purposes only
• Extended Double Fronted Shop With First Floor Storage • Prominent Position At The Heart Of A Busy Busy Neighbourhood Shopping Area • Potential Ground Floor Sales Area Of About 92.61m² (997ft²) (997ft²) • Suitable For For A Variety Of Retail (Class A1 ) Uses • Rental: Rental: £12,000 Per Annum
3 Abbey Green, Nuneaton, CV11 5DR
LOCATION
SUMMARY OF FLOOR AREAS
The property is located at the heart of the busy Abbey Green neighbourhood shopping area on the north western side of Nuneaton within a quarter of a mile of the borough’s Inner Ring Road and the Town Centre itself. Parking is possible to the immediate street frontage. Nuneaton is the largest town in the Nuneaton and Bedworth Borough Council area, having a population of about 71,000 (2001 Census).
Ground Floor
M² 92.61
Ft² 997
First Floor
33.66
362
TOTAL NIA
126.27
1,359
SERVICES All main services are understood to be available, subject to connection charges by the utility companies. No tests have been applied.
DESCRIPTION The property comprises an extended double fronted shop with first floor storage accommodation considered suitable for a variety of retail (Class A1) uses. ACCOMMODATION
LEASE The unit is available to let on a new tenant’s full repairing and insuring lease for a term to be agreed, but a six year agreement is suggested, subject to an upward only rent review at the end of the third year.
All measurements are approximate and on a Net Internal Area (NIA) basis.
INITIAL RENT
Ground Floor
£12,000 per annum exclusive, paid quarterly in advance on the usual quarter days.
Front Sales Area 38.13 M² (410 Ft²) with staircase (to first floor) and double doors opening to: Rear Sales Areas
54.48 M² M² ( 586 Ft² Ft²)
Toilet with wash basin and w.c. and with fire exit doors to side and rear. POTENTIAL SALES AREA TOTALLING TOTALLING ABOUT 92. 92.61 M² (997 Ft²)
LEGAL COSTS 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
First Floor Front Store Room
18.22 M² M² (196 Ft² Ft²)
Rear Store Room
15.43 M² M² (166 Ft² Ft²)
Toilet with sink and w.c. TOTAL FIRST FLOOR AREA 33.66 M² (362 Ft²)
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
3 Abbey Green, Nuneaton, CV11 5DR Conditions under which particulars are issued:
LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON Warwickshire CV11 5AA Tel: 024 7637 6376
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.
RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value:
£8,500
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. Any queries regarding Business Rates Relief should also be directed to the Local Authority. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. SRE)
3 Abbey Green, Nuneaton, CV11 5DR
Subject property for identification purposes only
