toletonanewleaseanewl easeanewlease 5 abbey green 5 abbey ...
TO LET ON A NEW LEASE 5 ABBEY GREEN NUNEATON CV11 5DR
• Prominently Situated Shop Premises Arranged On Three Floors • Located At The Heart Of A Busy Neighbourhood Shopping Centre • Totalling About 74. 74.65m² 65m² (750 (750ft²) 750ft²) • Suitable For A Variety Of Retail (Class A1) Uses • Rental: Rental: £7,500 Per Annum
5 Abbey Green, Nuneaton, CV11 5DR
LOCATION
Second Floor
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.
Attic Room with front skylight.
Parking is possible on 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).
14.35 M² (155 Ft²)
SUMMARY OF FLOOR AREAS
Ground Floor
M² 39.81
Ft² 428
First Floor Second Floor TOTAL NIA
20.49 14.35 74.65
221 155 804
SERVICES DESCRIPTION The property comprises ground floor retail premises with UPVC shop front and ancillary accommodation at ground, first and second floor levels, providing potential for a wide variety of Class A1 (shops) uses.
All main services are understood to be available, subject to connection charges by the utility companies. No tests have been applied. LEASE
ACCOMMODATION All measurements are approximate and on a Net Internal Area (NIA) basis. Ground Floor Retail Sales Area with UPVC shop front.
27.72 M² (298 Ft²)
Rear Store 12.09 M² (13 (130 Ft²) with fitted sink and door to rear yard.
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. INITIAL RENT £7,500 per annum exclusive, paid quarterly in advance on the usual quarter days. LEGAL COSTS
WC Stairs from Rear Store to:
Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable.
First Floor VAT Front Room 11.59 M² (125 Ft²) with UPVC double glazed window. Rear Room 8.90 8.90 M² (96 Ft²) with UPVC double glazed window and built-in cupboard. Stairs from Rear Room to:
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.
5 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:
£5,600
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. The rateable occupier may, however, not be liable to pay Rates until 1 April 2017 at the earliest - see www.gov.uk. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. SRE)
5 Abbey Green, Nuneaton, CV11 5DR
Subject property for identification purposes only
• Prominently Situated Shop Premises Arranged On Three Floors • Located At The Heart Of A Busy Neighbourhood Shopping Centre • Totalling About 74. 74.65m² 65m² (750 (750ft²) 750ft²) • Suitable For A Variety Of Retail (Class A1) Uses • Rental: Rental: £7,500 Per Annum
5 Abbey Green, Nuneaton, CV11 5DR
LOCATION
Second Floor
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.
Attic Room with front skylight.
Parking is possible on 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).
14.35 M² (155 Ft²)
SUMMARY OF FLOOR AREAS
Ground Floor
M² 39.81
Ft² 428
First Floor Second Floor TOTAL NIA
20.49 14.35 74.65
221 155 804
SERVICES DESCRIPTION The property comprises ground floor retail premises with UPVC shop front and ancillary accommodation at ground, first and second floor levels, providing potential for a wide variety of Class A1 (shops) uses.
All main services are understood to be available, subject to connection charges by the utility companies. No tests have been applied. LEASE
ACCOMMODATION All measurements are approximate and on a Net Internal Area (NIA) basis. Ground Floor Retail Sales Area with UPVC shop front.
27.72 M² (298 Ft²)
Rear Store 12.09 M² (13 (130 Ft²) with fitted sink and door to rear yard.
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. INITIAL RENT £7,500 per annum exclusive, paid quarterly in advance on the usual quarter days. LEGAL COSTS
WC Stairs from Rear Store to:
Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable.
First Floor VAT Front Room 11.59 M² (125 Ft²) with UPVC double glazed window. Rear Room 8.90 8.90 M² (96 Ft²) with UPVC double glazed window and built-in cupboard. Stairs from Rear Room to:
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.
5 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:
£5,600
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. The rateable occupier may, however, not be liable to pay Rates until 1 April 2017 at the earliest - see www.gov.uk. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. SRE)
5 Abbey Green, Nuneaton, CV11 5DR
Subject property for identification purposes only
