toletonanewleasenewle asenewlease 46 attleborough road 46 ...

Report 3 Downloads 58 Views
TO LET ON A NEW LEASE 46 ATTLEBOROUGH ROAD NUNEATON CV11 4JG

• Prominently Situated LockLock-Up Shop Unit • Located On One Of The Main Routes Into The Town Centre • Net Internal Area Totalling About 37.68 37.68 M² (405 Ft²) • Class A1 (Shops) Consent • £6,950 Per Annum Exclusive

46 Attleborough Road, Nuneaton, CV11 4JG

LOCATION

LEASE

The premises are situated in a prominent trading location fronting the busy B4114 (Attleborough Road) being one of the main routes into the town centre. Neighbouring occupiers include takeaway, convenience store, chemists, newsagents, dry cleaners and launderette, suites and beds, etc. There is also a bus stop to hand.

The premises are available on a new tenant’s internal repairing (together with the exterior of the shop front and fascia (for the avoidance of doubt also including the cladding and roller shutter door) and all other external doors and windows) and apportioned insuring lease for a suggested term of six years, subject to an upwards only rent review at the end of the third year.

The surrounding area otherwise comprises a mixture of residential, retail and industrial development, with Milverton House School also being close by. The property is also conveniently situated being within a quarter of a mile of Nuneaton’s Inner Ring Road (the A444) providing access to the town centre itself. The A444 in turn provides a direct connection with the M6 Motorway at Junction 3, which is approximately five miles distant. Nuneaton, which has a population of about 81,877, is the largest town in the Nuneaton and Bedworth Borough Council area, with a borough population of around 125,252 (2011 Census).

INITIAL RENT The premises are available at a commencing rental of £6,950 per annum exclusive. The tenant will be required to pay a full quarter’s rent on completion, notwithstanding any Rent Deposit which may be required. COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT

DESCRIPTION The premises comprise a ground floor lock-up shop unit forming part of a three storey villa style end-terraced building.

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

There is understood to be a right of way over the yard at the rear in favour of the occupier of the shop.

Mains water, drainage and electricity are understood to be installed to the property, subject to connection charges by the utility companies.

ACCOMMODATION No tests have been applied. All measurements are approximate and on a Net Internal Area (NIA) basis. Sales Area Internal Width (front): Internal Width (rear): Shop Depth: Net Sales Area:

3.90m (12’9”) 4.33m (14’2”) 6.05m (19’10”) 25.87m² (278ft²)

FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from any letting. RATES

Possible Treatment Room/Office Room/Office/Storage /Office/Storage 8.55m² (92ft²) (92ft²)

We are informally advised by the Local Authority that the current assessment is:-

Kitchen

Rateable Value: £3,000

3.26m² (35ft²)

WC TOTAL NET INTERNAL AREA 37.68 M² (405 (405 Ft²)

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

46 Attleborough Road, Nuneaton, CV11 4JG

queries regarding Business Rates Relief should also be directed to the Local Authority. However, it is understood that the rateable occupier may not have to pay business rates for the 2017/2018 financial year. TOWN PLANNING/USE It is understood that the property has an existing use for Class A1 (shops) purposes. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Coton Road Nuneaton Warwickshire CV11 5AA Tel: 024 7637 6376 VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. SRE) 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.

46 Attleborough Road, Nuneaton, CV11 4JG

Subject property for identification purposes only